You’ve worked hard to start building wealth with rental income property. You’ve followed Jason Hartman’s recommendations to educate yourself, diversify and take out a fixed rate mortgage, and now you’re ready to get rent-paying tenants into your new investment. But...
First, a definition. A hard money lender is one that makes short-term loans using the value of the real estate as collateral rather than the borrower’s ability to repay based on personal income or assets. Expect to pay a higher interest rate since these types of loans...
It’s often said that the more things change, the more they stay the same. That’s dismally true where Bank of America is concerned, as two more lawsuits filed against the banking giant this week reveal that once again, BofA and mortgage fraud go hand in hand. The...
Scam artists have probably been around as long as humans have – and their basic bag of tricks hasn’t changed. Now though, the Internet is crating ways to put new spins on those old tricks to reach even more potential marks — and the turmoil in the housing market...
Want to buy a house? Got a dollar to spend? That’s the sales pitch for the infamous “dollar house” in Detroit – a home that’s actually listed for sale for just one measly buck. But even tat that rock bottom price, nobody’s biting. As of the beginning of August 2013,...