The Real Estate Financial Planner™ Blog

Are you a rental property owner looking to improve your cash flow and access equity? Refinancing your rental property may be the solution you’re looking for. In this blog post, we will cover everything you need to know about refinancing rental property, including the different types of refinancing and tips for maximizing your returns. Types of Refinancing Refinancing rental property can be a great way to improve cash flow and access equity, but it’s important to understand the different types of refinancing and their costs. There are several flavors of refinancing: cash out refinancing, cash in refinance, rate and term … Read more

If you’re planning to invest in real estate, getting a mortgage is likely going to be part of your strategy. However, not all lenders are created equal, and finding the right one can be a daunting task. In this post, we’ll provide tips for finding a great lender and getting the best mortgage quote for your investment property. Tips for Finding a Lender When searching for a lender, your experienced investor-focused real estate agent is probably your best source of referral for lenders. They likely have clients closing on loans regularly and have a queue of lenders that have had … Read more

Getting a mortgage is a critical step in the process of becoming a real estate investor. However, there are many factors to consider when preparing to apply for a mortgage, such as knowing and improving your credit score, optimizing your debt-to-income ratio, and building up your reserves. In this blog post, we’ll dive into the qualification requirements for getting a mortgage as a real estate investor and discuss strategies for preparing to apply for a mortgage. Know and Improve Your Credit Score When preparing to buy an investment property with a mortgage, it’s important to know and improve your credit … Read more

Investing in rental properties can be a great way to build long-term wealth. However, as your equity in the property grows, your return on equity tends to go down over time. This can make it challenging to maximize your returns and achieve your financial goals. In this article, we’ll explore how to access equity in rental properties and how to think about the Return on Equity and the Return on True Net Equity™. Understanding Return on Equity When you invest in a rental property, you’re earning money in several ways. You earn money from appreciation, debt paydown, Cash Flow from … Read more

Real estate investors often wonder whether it is better to put 15% down or 20% down when buying an investment property. The answer is not straightforward, and it depends on several factors, including the current mortgage interest rates, loan products, and the investor’s financial goals. In this blog post, we will explore the Loan Comparison Spreadsheet and how it can help you make an informed decision about your down payment. Using the Loan Comparison Spreadsheet The Loan Comparison Spreadsheet is a tool that allows investors to call up their lender, get the current mortgage interest rates for a variety of … Read more

Investing in rental properties can be a great way to build wealth, but sometimes it requires a significant amount of money upfront as down payment. Fortunately, there are many financing options available to real estate investors. In this article, we will discuss the different types of financing options. Primary Financing Options According to the National Association of Realtor’s survey from 2022, 90% of the loans that buyer’s used to purchase properties consisted of conventional financing, FHA, and VA loans. In 5% of the cases, the buyer did not know the type of loan they got and in the remaining 5% … Read more