Ever wonder how real estate newcomers who don’t have a ton of cash are able to keep buying investment properties? The answer for many savvy investors is the use of a “cash out refinance”. A cash-out refinance is the action of taking out a new mortgage on your property to pull out your accrued equity; this option can free up …
Louisville and its surrounding areas are going through a modern day renaissance. Neighborhoods that have been blighted for the past 50 years are making tremendous comebacks: Nulu, Germantown, Shelby Park, and much of the cities core has scene historic growth in the past 10 years largely impart to the efforts of investors. Real Estate investment offers several key advantages over …
Leverage is the utilization of various forms of borrowed capital for the purchase of a property or to increase a properties resale value – in an attempt to profit from that assets appreciation over a given period of time. In other words leverage allows an individual or investor a chance to earn more money by using borrowed money. Still confused? Here …
Conventional wisdom may tell you that paying down your property mortgage as fast as possible will yield you the best returns in the future, but in reality this isn’t always true. If you want to reduce the overall interest you pay on your mortgage- paying off your mortgage early can greatly help. Every month you have a mortgage you pay interest …
