For someone who has lived in their home for a long time and built up significant equity in it, but wants to move into a new home, a bridge loan can be an excellent choice to simplify the process of receiving a mortgage loan to finance the new property.

With …

While an FHA loan likes to see a FICO credit score of 580+, preferring credit scores in the range of 620-640, ITIN loans do not go quite so low. 640 is the preferred minimum, with the occasional lender being willing to go as low as a FICO score of 600 …

Applying for an ITIN home loan is as simple as calling a loan officer. They are well trained in non-traditional loan products and can walk you through the process step by step.

As with a normal mortgage loan, an ITIN loan will require that the lender review your tax information …

An ITIN loan is a typical loan like a normal buyer would receive, only for people who have an Individual Taxpayer Identification Number (ITIN) rather than a Social Security Number. These people are generally greencard holders or guest workers who have permits to work in the United States legally, while …

Once you have a lot loan for property that you plan to build on, you can apply for a construction loan. For a half-a-million dollar lot and half-a-million dollars in construction costs, you can get a loan for up to 80% of that total value, or $800,000. If there …

If someone is buying a house, but they want to add a second story, a renovation loan is a great financial product that can help them realize their vision of the property. It is nominally the same as a construction loan, but focused specifically on remodels rather than new-build construction …

There is perhaps nothing more important than having a mentor who can help you find the right mindset to succeed in the real estate business. If you can find a partner who can teach you the ins and outs of this business and be your cheerleader along the way, they …

While there is lots of quantitative advice out there for how to finance your first investment property, there is another side of this investment that is rarely talked about: you can get the money you need through sheer willpower and sacrifice.

Establish credit. Purchase a vehicle. Work 70 hour weeks …

The best advice for finding real estate opportunities is to keep your eyes open. Rather than planning to go home after work and spend an hour watching TV, spend 15 minutes each night looking for new real estate investment opportunities. That can mean going on MLS or calling real estate …

In Episode #51 I spoke with Carlos Delherra about his real estate portfolio before and after the 2008 housing crisis. How he changed his perspective on real estate was instructive for me and should be educative for anyone getting into real estate investing.

Before 2008, Delherra was over-leveraged in about …