Austin, TX investment property – finding the best Austin, TX home for sale

Author: admin / Category: buy property, conveyancer, estate agency, estate agent, Estate Agents for properties, for sale, for sale, free information, home buyers, house, house sales, how to sell your home, land, listing, mls, mortgage bond, properties for sale, property for sale, property sales, property wanted, Real estate, realtor, rentals, rentalsEstate Agents for properties, renting property, sell property, selling property

You can find the best Austin, TX home for sale when you use the services of an Austin real estate agent who is familiar with the area and has experience when it comes to Austin, TX investment property.  Whenever you are purchasing any home, you should look at it as an investment.  All real estate should be viewed as a type of investment, whether or not you live on the property. 

 

One way that you can make an Austin, TX investment property work for you is to look for an Austin, TX home for sale that you can rent to others.  Because home prices are at an all time low, this is now the perfect time to buy homes for sale in Austin.  People always need a place to live and rental properties are booming. During a bad economy, the number of renters increase.  If you are in the position to purchase Austin, TX investment property, you can make some money on your investment. You can rent out the property until the price of the homes again begins to rise and then sell to make a profit.

 

Another way to invest in real estate is to look for an Austin, TX home for sale that is in need of repair.  If you are handy with tools and carpentry skills, you can rehab a house and then choose to resell it, or live in the home so that you can get the full value of the property for years to come. 

 

You can look for distressed property in Austin that is in the midst of foreclosure when you use an Austin real estate agent.  A great deal of the Austin, TX investment property is in foreclosure or heading that way.  You can pick up this property very cheaply and make a good investment that you can live in or rent out.  Either way, you stand to make some money on this type of investment. 

 

You have a lot of choices when you look for an Austin, TX home for sale.  You can choose from foreclosures or distressed properties, you can also look to rehab specials that will allow you to put your home improvement skills to the test.  In addition, you can find a home to rent to others who will essentially be paying your mortgage while you stand to benefit from the eventual rising value of the property. 

 

If you are looking for a way to invest for both the short term as well as the long term, you should consider real estate.  You should take advantage of the prices in the market and look for Austin, TX investment property that you can pick up cheaply.  If you are looking for a home in which to live, you should still look at your Austin, TX home for sale as a long term investment.  All real estate is an investment if you know how to use it as such.  You can find the right property for you by dealing with an experienced Austin, TX real estate agent. 

Article Source: http://www.articlesbase.com/business-articles/austin-tx-investment-property-finding-the-best-austin-tx-home-for-sale-911739.html

Investment Property – A Best Option to Get High Financial Returns

Author: admin / Category: buy property, conveyancer, estate agency, estate agent, Estate Agents for properties, for sale, for sale, free information, home buyers, house, house sales, how to sell your home, land, listing, mls, mortgage bond, properties for sale, property for sale, property sales, property wanted, Real estate, realtor, rentals, rentalsEstate Agents for properties, renting property, sell property, selling property

Generally, a property that you want to buy with purpose of getting good financial returns is called the investment properties. These properties could be a commercial or industrial building, residential houses in the form of single apartment, tenement, and block of flat or a land. These properties can generate a profit though capital gain or rental income. Generally, the properties have been purchased for the investment purpose cannot be used for residential purposes.

There are two ways to get financial returns over the real estate property, first one is in the form of rents and another one is in the form of capital gain on the sale of property, in a particular time frame. The rental could be generated from the residential home whether you are living or not. You can also rent out the spare rooms of your house where you are currently living. It is difficult to find out the reliable and friendly tenants. So, it is usually a better option to buy a separate property, which is used only for generating a rental income.

Property investing is a very tough job in the sense that sometime only expert can be successful in this field. There are various benefits of buying an investment property such as its value rises in the long term, relatively a safe form of investment as compare to the risk worthy investment like stocks, you can be eligible to get tax deductions in the form of depreciation on the value of investment due to obsolescence, you can enhance your cash flows as well by obtaining variations in the tax, in the form of rental income. When the interest on the loan of your property investors becomes higher than the rental income earned from same property then it called negative gearing and this situation can help you to reduce the tax return. According to the survey, the investment in the real estate sector would be the best option to get high returns other than investing in gold, shares & stocks, bank deposits or debts.

After all discussing above benefits, it would be a smart way to take an advice from the qualified experts in this field such as quantity surveyors, real estate brokers, financers and in some case accountants. This makes possible to maximize the benefits you going to receive from your investment property.

Article Source: http://www.articlesbase.com/sales-articles/investment-property-a-best-option-to-get-high-financial-returns-1155956.html

Financing for Investment Property

Author: admin / Category: buy property, conveyancer, estate agency, estate agent, Estate Agents for properties, for sale, for sale, free information, home buyers, house, house sales, how to sell your home, land, listing, mls, mortgage bond, properties for sale, property for sale, property sales, property wanted, Real estate, realtor, rentals, rentalsEstate Agents for properties, renting property, sell property, selling property

Understanding different types of loans, and knowing when to use them is essential for investing in real-estate. Different loans are used for different reasons. Specific loans may be used for holding property long term, and specific loans are used for short term holds. Each type of loan has a specific purpose when investing in real-estate. Learning each loans purpose is essential to ensure the right loan is being applied to the correct investing strategy. Investors can get crossed up very easily, costing them a lot of time and money. Knowing when to use a specific type of loan can be the difference between making a lot of money and losing a property to foreclosure.  Below is a list of the most popular loans used by investors.

  • Fixed Rate Mortgage – This loan is probably the most common loan used by average real-estate investors. It is also one of the safest to use.  The interest rates are locked for the entire life of the loan. This loan usually comes in terms of 15 years, 20 years, 30 years, or 40 years. The longer the term, the lower your payments will be. Obtaining the lowest payments may sound good, but a longer term equals much more interest paid to the bank. Choose a term that will allow the most cash-flow out of your investment property. This is the perfect loan for a property that does not need rehab and is to be held as a long-term investment.

 

  • Adjustable Rate Mortgage- This is the same type of loan that has recently been the cause for many foreclosures over the last couple years. People have been steered away from these loans. This is not a bad loan if investors understand how to use it correctly. These loans usually come in 10/1, 7/1, 5/1, and 3/1. The number before the one indicates the length of the first term. After the first term the payment will increase to a higher fixed interest rate.  The first term payments may be cheaper than a conventional loan, but after it adjust the payments will significantly go up. This loan is best used for property intended to be sold before the end of the first term. The advantage is that the investor will have a low mortgage payment for the first term.

 

  • Interest Only Loan- This loan can be used for property with a lot of equity already built into it. If investment property has a lot of equity in it, then paying down the principle and creating more equity may not be important. Accomplishing positive monthly cash-flow may be more important. For example, let’s say an investment property was brought, and the seller left $50,000 in equity for the buyer.  The buyer decides to rent the property and then sell it in 5 years. The investor can make cheaper payment to the bank because he is only paying  interest on the property and no principle. Therefore, the investor can make more money renting the property because he is paying less in mortgage payments. The investor  has $50,000 in equity, 5 years of appreciation, and 5 years of profitable rental income. In this case an investor may want lower mortgage payments, instead of paying principle and interest on property that already has equity– and will be held for only 5 years. 

 

  • Seller Financing-  This is good way to buy a property from someone who may own a property free and clear. A lot of times you can negotiate these deals with no money down and no credit check. People who own property that may need repair are more likely to agree to seller financing. Many people avoid buying property that need extensive repair. These properties are hard to sell, so the owner is probably open for different ideas of getting rid of the property. The goal is to get 0% interest and no payments. This may seem unlikely, but surprisingly some seller financed deals are structured this way. If the seller does not agree, then negotiate the cheapest rate and term possible.

 

  • Hard Money Loan- This loan is normally used for property that is going to need repair. This type of loan allows investors to finance the money needed to buy and fix investment property. Be very careful. Be sure you are able to get out of this loan quickly. These loans are short term, and a balloon payment is due 6-12 months after the loan originates.  Buy and fix the property, then refinance before the loan is due. Although, lately investors have been getting caught with their pants down.  The banks have been making it harder, and harder to refinance out of these types of loans. In some cases, investors cannot refinance due to seasoning issues, and the loan becomes due before they can secure permanent financing. Before using this loan get pre-qualified for long-term financing, and be sure the investment property adheres to all guidelines and financial conditions for the new loan. In some instances, investors can walk away with money in their pocket if everything goes accordingly.

 

There are many other loan products on the market . Each loan is designed for a specific purpose and a specific person. Each loan has its own risk, some more than others. The important thing is to learn and understand the loan. Plan your strategy and choose the loan that makes the most sense for the strategy in place. Make it work for you and not against you.

Article Source: http://www.articlesbase.com/investing-articles/financing-for-investment-property-1260371.html

Realestate: Types of Investment Properties

Author: admin / Category: buy property, conveyancer, estate agency, estate agent, Estate Agents for properties, for sale, for sale, free information, home buyers, house, house sales, how to sell your home, land, listing, mls, mortgage bond, properties for sale, property for sale, property sales, property wanted, Real estate, realtor, rentals, rentalsEstate Agents for properties, renting property, sell property, selling property

Investing in realestate can be profitable and rewarding. Before diving in to the investment game, it is important to become educated about the various types of properties and risks associated with each. Additionally, investors should develop a strategic plan prior to purchasing their first property.

Two primary realestate investment options exist. The first involves purchasing properties outright, while the second involves purchasing shares of real estate investment trusts (REIT). This article focuses on buying real estate outright and summarizes the various types of properties and how to earn profits from each.

With the exception of REIT shares, all realestate falls into the category of either residential or commercial properties. Residential realty includes single family dwellings, individual condo units, mobile and manufactured houses.

Commercial properties include apartments and condominium buildings, retail outlets, shopping malls, restaurants, and office complexes. Vacant land can fall into either category based on local zoning laws for use of the land.

Vacant land can be an exceptionally lucrative realestate investment. Raw land can be used for erecting commercial office buildings, shopping malls, or developing residential communities, as well as ranching and farming purposes. Vacant land located in rapid-growth areas can quickly increase in value.

Residential realestate is the most popular type of investment property. The majority of real estate investors begin by purchasing a single dwelling home to be used as rental property or for house flipping.

Rental realestate can offer a decent return on investment, but it can take ten years or longer to turn a profit. In the interim, investors are stuck with the headaches of being a landlord or the expense of hiring a property management group to oversee the property.

One option to overcoming these duties or expenses is to offer the realestate under a lease-to-own contract. Buyers provide a down payment and reside in the home as a tenant. A percentage of the rental income is contributed toward the purchase of the home. Lease-to-own contracts typically last two or three years; allowing the buyer time to develop sufficient credit to obtain a conventional home mortgage loan.

Lease-to-own contracts can allow investors to quickly generate profit from their realestate investment. Legal contracts should be drafted by a real estate attorney. Investors must submit specific documents to the IRS when engaging in rent-to-own properties.

Another well-liked realestate investment is flipping houses. House flipping requires the ability to spot a good investment property and purchase it below market value. Most realestate purchased for flipping require repairs and renovations. Investors should have access to a team of qualified experts who can make repairs quickly and efficiently. After repairs are made, investors must be able to sell the property quickly in order to turn fast profits.

The goal of rehabbing distressed properties is to buy, fix and sell within 60 to 90 days. This can be a lofty goal for unseasoned realestate investors.

Rental properties and flipping houses are just a few investment opportunities. Commercial investments are typically more profitable than residential realestate, but carry considerably higher risks.

Taking time to understand the pros and cons, legal liabilities, and property types can help investors develop solid strategies that generate steady cash flow. Going in blind can cost investors time and money and place them at risk for lawsuits or bankruptcy.

Article Source: http://www.articlesbase.com/real-estate-articles/realestate-types-of-investment-properties-1278988.html

Facts On Investment Property Mortgage You NEED To Know

Author: admin / Category: buy property, conveyancer, estate agency, estate agent, Estate Agents for properties, for sale, for sale, free information, home buyers, house, house sales, how to sell your home, land, listing, mls, mortgage bond, properties for sale, property for sale, property sales, property wanted, Real estate, realtor, rentals, rentalsEstate Agents for properties, renting property, sell property, selling property

When buying an investment property you are likely looking to deposit as little down as possible to advance maximum control.

Be aware that if your property value falls you may possibly have a mortgage amount that is more than the price of your property. You really want to work with a guide or coach who can offer a number of experiences and guidance.

If you pick to use a 20% down payment for investment property mortgages the world is your oyster. Most financial institutions will bend over backwards to get your business.

You are considered very low threat to default on the mortgage.

You’ll still need a good credit score and the wages needed to qualify for the mortgage, but overall, you are in good shape to shop for a mortgage anywhere you please.

You should be able to acquire the most desirable interest rates available, whether you pick to go with a fixed rate or a wavering rate.

You should also be able to negotiate an ‘open mortgage’ which means that there is no mortgage penalty (often 3 months worth of interest) if you sell the house and pay off the mortgage early.

If you aren’t able to negotiate an open mortgage then ask if your mortgage is “portable”. If it is you may be able to move this mortgage into a new investment property with no penalty or condensed penalties.

And you should be able to elude having to purchase mortgage insurance all together.

All bank and/or credit union differs on this point but with approximately minimal effort and negotiation you must be able to avoid investment property mortgage insurance.

These are the details that an veteran mortgage adviser can help you with.

Know this…Investment property mortgages are constantly changing and there are new mortgages for investment properties coming accessible almost monthly!

So again, an veteran mortgage broker is likely your best answer.

For investors, lengthy amortization periods on investment property mortgages are advantageous because of two reasons:
1.    The interest paid on these mortgages are tax deductible.
2.    The lower monthly payment can reduce your monthly carrying costs very nicely.

Out of everything discussed around investment property mortgages, amortization periods get the most animated response from public.

There are details, fine print and exceptions to almost everything.

Things like mortgage penalties, mortgage insurance rates and mortgage stipulations need to be addressed.

So you will need to do your research and make sure the investment property mortgages you use are exact for you.

Ask questions, don’t be scared.

If what the bank or mortgage adviser is offering you is confusing, get clarification.

To meet experts in investment property mortgage who are limitedly available, go to SixFigureSyndication.com

Article Source: http://www.articlesbase.com/business-articles/facts-on-investment-property-mortgage-you-need-to-know-1317955.html

Facts On Investment Property Mortgage You NEED To Know

Author: admin / Category: buy property, conveyancer, estate agency, estate agent, Estate Agents for properties, for sale, for sale, free information, home buyers, house, house sales, how to sell your home, land, listing, mls, mortgage bond, properties for sale, property for sale, property sales, property wanted, Real estate, realtor, rentals, rentalsEstate Agents for properties, renting property, sell property, selling property

When buying an investment property you are likely looking to deposit as little down as possible to advance maximum control.

Be aware that if your property value falls you may possibly have a mortgage amount that is more than the price of your property. You really want to work with a guide or coach who can offer a number of experiences and guidance.

If you pick to use a 20% down payment for investment property mortgages the world is your oyster. Most financial institutions will bend over backwards to get your business.

You are considered very low threat to default on the mortgage.

You’ll still need a good credit score and the wages needed to qualify for the mortgage, but overall, you are in good shape to shop for a mortgage anywhere you please.

You should be able to acquire the most desirable interest rates available, whether you pick to go with a fixed rate or a wavering rate.

You should also be able to negotiate an ‘open mortgage’ which means that there is no mortgage penalty (often 3 months worth of interest) if you sell the house and pay off the mortgage early.

If you aren’t able to negotiate an open mortgage then ask if your mortgage is “portable”. If it is you may be able to move this mortgage into a new investment property with no penalty or condensed penalties.

And you should be able to elude having to purchase mortgage insurance all together.

All bank and/or credit union differs on this point but with approximately minimal effort and negotiation you must be able to avoid investment property mortgage insurance.

These are the details that an veteran mortgage adviser can help you with.

Know this…Investment property mortgages are constantly changing and there are new mortgages for investment properties coming accessible almost monthly!

So again, an veteran mortgage broker is likely your best answer.

For investors, lengthy amortization periods on investment property mortgages are advantageous because of two reasons:
1.    The interest paid on these mortgages are tax deductible.
2.    The lower monthly payment can reduce your monthly carrying costs very nicely.

Out of everything discussed around investment property mortgages, amortization periods get the most animated response from public.

There are details, fine print and exceptions to almost everything.

Things like mortgage penalties, mortgage insurance rates and mortgage stipulations need to be addressed.

So you will need to do your research and make sure the investment property mortgages you use are exact for you.

Ask questions, don’t be scared.

If what the bank or mortgage adviser is offering you is confusing, get clarification.

To meet experts in investment property mortgage who are limitedly available, go to SixFigureSyndication.com

Article Source: http://www.articlesbase.com/business-articles/facts-on-investment-property-mortgage-you-need-to-know-1318646.html

© 2019