“Your network is your net worth.” —Tim Sanders Step 1: Look for a Lender (And Cast a Wide Net) One mistake a lot of people make is to only start looking for a lender once they need one. Don’t make this error. Instead, you should start looking for, vetting, and building rapport with lenders early... Continue Reading →
Forget Everything You Know: 15-Year Mortgages Are Best for New & Intermediate Investors
First and foremost, most investors should make an effort to build relationships with smaller, local banks. These banks generally only loan 15 or 20-year money and offer: Quicker turnaround Flexibility on credit score based on personal relationships Knowledge of local markets Networks of local attorneys, real estate agents, contractors, insurance agents, and other professionals The... Continue Reading →