Tag: Loans

Posted on 10/21/2024

What Are Cost-Effective Ways To Pay For Home Improvements?

While qualified borrowers often like to have choices, having too many funding options can get confusing. If you are considering borrowing money to upgrade your home, here are a few things to consider. How Do Home Improvement Loans Work? It’s essential to understand that the term “home improvement loan” is not precise. This type of borrowing typically involves...

Budget

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Posted on 03/29/2021

What Are The Pros & Cons of Taking Out House-Flipping Loans?

Photo by Karolina Grabowska from Pexels The golden rule of house flipping states that entrepreneurs should never pay over 70% of a property’s value after subtracting the cost of renovations and associated fees. Known as the “70 Percent Rule,” it sets a standard for improving the chances of turning a profit even if unexpected financial challenges arise. Few...

Fix And Flip

Flipping

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Posted on 06/22/2020

Who are the Best Candidates for a High-Priced Loan ?

Photo by Peggy und Marco Lachmann-Anke via Pixabay A jumbo mortgage refers to a high-priced loan, usually meant for a luxury property. And while this loan may have once been reserved for the millionaire investors of the world, it may not be as exclusive as you think. If you're interested in what it takes to apply, it helps...

Mortgage

Jumbo Loan

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