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How to Finance Small-Scale Investment Properties | #BorrowWisely
Blog 4 months ago
How to Finance Small-Scale Investment Properties | #BorrowWisely
Source Ask a Lender

Novice investors typically have a lot more questions than answers when it comes to purchasing, renovating and then renting out or reselling a...

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Multiple Options Exist for Obtaining Commercial Real Estate Financing | #BorrowWisely
Blog 4 months ago
Multiple Options Exist for Obtaining Commercial Real Estate Financing | #BorrowWisely
Source Ask a Lender

There are a variety of mortgages available to fund purchases of commercial property. Some are defined by the source of the money, others by the...

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Small-Balance Lending Reaches Underserved Markets | #BorrowWisely
Blog 5 months ago
Small-Balance Lending Reaches Underserved Markets | #BorrowWisely
Source Ask a Lender

We spoke with Mark Besharaty of Hunt Mortgage Group about the state of the small-balance lending industry, and the importance of the programs...

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African-American Homeownership Rate Continues to Wobble | #BorrowWisely
Blog 5 months ago
African-American Homeownership Rate Continues to Wobble | #BorrowWisely
Source Ask a Lender

Decades of slow, steady gains around African-American homeownership rates followed the passage of the Fair Housing Act in 1968. Unfortunately, the...

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What to Consider When Investing in Elder Homes | #BorrowWisely
Blog 5 months ago
What to Consider When Investing in Elder Homes | #BorrowWisely
Source Ask a Lender

Residential assisted living facilities can be lucrative for their owners and investors. Some studies suggest that the average resident of one of...

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Should Seniors Consider Getting a New Mortgage? | #BorrowWisely
Blog 5 months ago
Should Seniors Consider Getting a New Mortgage? | #BorrowWisely
Source Ask a Lender

For some seniors and retirees, freedom from mortgage debt creates peace of mind. Others, however, may be looking to downsize to a smaller home or...

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Refinancing a Home with Less-Than-Perfect Credit | #BorrowWisely
Blog 5 months ago
Refinancing a Home with Less-Than-Perfect Credit | #BorrowWisely
Source Ask a Lender

If your financial situation has slipped since you purchased your home, you may benefit more than many people from refinancing your home mortgage to...

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Borrowers Should Be Well-Prepared When Purchasing Retail Property | #BorrowWisely
Blog 5 months ago
Borrowers Should Be Well-Prepared When Purchasing Retail Property | #BorrowWisely
Source Ask a Lender

Commercial real estate loans can be tailored to fit a wide variety of purposes and needs. There are about 3.7 million retail establishments in the...

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Is 2018 the Year to Refinance My Mortgage? | #BorrowWisely
Blog 5 months ago
Is 2018 the Year to Refinance My Mortgage? | #BorrowWisely
Source Ask a Lender

If you’ve been on the fence about refinancing your mortgage, it might be a good time to act. Interest rates are on the rise, meaning the...

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Refinancing a Timeshare: What Are the Options? | #BorrowWisely
Blog 5 months ago
Refinancing a Timeshare: What Are the Options? | #BorrowWisely
Source Ask a Lender

Nearly all loan types can be refinanced, or replaced by a new loan that typically has a different repayment term, amount and interest rate....

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Grasp the Complexities of Replacement Reserves for Multifamily Loans | #BorrowWisely
Blog 5 months ago
Grasp the Complexities of Replacement Reserves for Multifamily Loans | #BorrowWisely
Source Ask a Lender

An investor looking to obtain a multifamily loan for a property with five or more housing units should understand replacement reserves, an added...

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Consider a Ground Lease When Buying Commercial Property | #BorrowWisely
Blog 5 months ago
Consider a Ground Lease When Buying Commercial Property | #BorrowWisely
Source Ask a Lender

Ground leases, or land leases, are fairly common agreements in the commercial real estate world. They allow property investors to rent land while...

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How to Finance a Large-Scale, Mixed-Use Property | #BorrowWisely
Blog 5 months ago
How to Finance a Large-Scale, Mixed-Use Property | #BorrowWisely
Source Ask a Lender

Although they typically have residential components, such as apartments or condominiums, mixed-use properties with five or more housing units are...

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Not All Home Improvement Loans Require Equity | #BorrowWisely
Blog 5 months ago
Not All Home Improvement Loans Require Equity | #BorrowWisely
Source Ask a Lender

Home improvements can be costly endeavors. Many homeowners can use the equity in their homes to help pay for them. But what if you don’t have...

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Know When to Refinance―and When to Stand Pat | #BorrowWisely
Blog 5 months ago
Know When to Refinance―and When to Stand Pat | #BorrowWisely
Source Ask a Lender

The processes of buying a house and finding the right mortgage can be frustrating. That frustration can boil over when, a few months or a few years...

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How to Boost Your Credit Score for a Mortgage | #BorrowWisely
Blog 5 months ago
How to Boost Your Credit Score for a Mortgage | #BorrowWisely
Source Ask a Lender

When it comes to home mortgages, a key player is the interest rate, and your credit score is a major factor in determining that rate. While the...

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Sale Leasebacks Unlock Value | #BorrowWisely
Blog 5 months ago
Sale Leasebacks Unlock Value | #BorrowWisely
Source Ask a Lender

If you have a small business and own property, you might benefit from a financing mechanism that's popular among commercial real estate giants and...

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Keep History Alive by Investing in an Adaptive Reuse Project | #BorrowWisely
Blog 5 months ago
Keep History Alive by Investing in an Adaptive Reuse Project | #BorrowWisely
Source Ask a Lender

Convenient public transport, greater cultural offerings and affordable rents have made downtown cores popular real estate in many American cities....

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How to Finance Multifamily Senior Housing Facilities | #BorrowWisely
Blog 5 months ago
How to Finance Multifamily Senior Housing Facilities | #BorrowWisely
Source Ask a Lender

The senior housing market is viewed as a stable and profitable investment. That said, it is by no means a simple one. Depending on several factors,...

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Investing in Senior Housing: Types of Facilities | #BorrowWisely
Blog 5 months ago
Investing in Senior Housing: Types of Facilities | #BorrowWisely
Source Ask a Lender

The senior housing market has been a stable multifamily commercial real estate investment during economic booms and busts. If you are considering...

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The Pros and Cons of Investing in a Luxury Vacation Rental | #BorrowWisely
Blog 5 months ago
The Pros and Cons of Investing in a Luxury Vacation Rental | #BorrowWisely
Source Ask a Lender

Are you thinking about purchasing a luxury vacation rental as an investment property? Before you buy a second home, consider the pros and cons of...

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5 Questions for the Smart Senior Housing Investor | #BorrowWisely
Blog 5 months ago
5 Questions for the Smart Senior Housing Investor | #BorrowWisely
Source Ask a Lender

When it comes to investing in senior housing, the numbers are attractive: By 2029, more than 20 percent of the U.S. population will be over the age...

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3 Things Investors Must Know About Hard Money | #BorrowWisely
Blog 5 months ago
3 Things Investors Must Know About Hard Money | #BorrowWisely
Source Ask a Lender

They're pricey, potentially risky, and far from a long-term solution to anyone's financing needs, but hard money loans are an important part of the...

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How to Buy Commercial Real Estate at Auction | #BorrowWisely
Blog 5 months ago
How to Buy Commercial Real Estate at Auction | #BorrowWisely
Source Ask a Lender

Auctions can yield amazing deals for cars and foreclosed houses. But you may not know that auctions can also be used to procure commercial real...

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Many Variables Affect Financing for Industrial Properties | #BorrowWisely
Blog 5 months ago
Many Variables Affect Financing for Industrial Properties | #BorrowWisely
Source Ask a Lender

Industrial properties can house a range of business operations, from heavy-manufacturing plants to small assembly operations. Warehouses also are a...

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Should I Get a Piggyback Loan With My Mortgage? | #BorrowWisely
Blog 5 months ago
Should I Get a Piggyback Loan With My Mortgage? | #BorrowWisely
Source Ask a Lender

Lenders often work with borrowers to build mortgages that suit different situations. While lenders expect most borrowers to make a down payment of...

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How to Get a Loan for Solar Installation | #BorrowWisely
Blog 5 months ago
How to Get a Loan for Solar Installation | #BorrowWisely
Source Ask a Lender

In an effort to go green and save on energy costs, more homeowners today are installing solar panels. Unfortunately, it isn’t cheap. The initial...

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How Your Spouse’s Credit Affects Your Mortgage | #BorrowWisely
Blog 5 months ago
How Your Spouse’s Credit Affects Your Mortgage | #BorrowWisely
Source Ask a Lender

While applying for a mortgage as a couple typically creates a stronger borrower profile, there are scenarios in which it can be more beneficial for...

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A Beginner’s Guide to Successfully Finance Commercial Real Estate Investments | #BorrowWisely
Blog 5 months ago
A Beginner’s Guide to Successfully Finance Commercial Real Estate Investments | #BorrowWisely
Source Ask a Lender

Investing in commercial real estate is much different than investing in residential real estate. Even if you have experience financing and...

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The Basics of Timeshare Ownership and Loan Financing | #BorrowWisely
Blog 5 months ago
The Basics of Timeshare Ownership and Loan Financing | #BorrowWisely
Source Ask a Lender

Timeshares are popular accommodations for vacationers, and are a lucrative business for the developers and operators of these properties. A...

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