A multi-family home strategy focuses on investing in properties that contain multiple units, generating rental income from each.
A solid multi-family home strategy involves analyzing market trends, financing, and property management to optimize profits.
Developing a clear multi-family home strategy can ensure success in competitive real estate markets. A multi-family home strategy is especially useful for new and experienced investors aiming to scale portfolios efficiently.
#MultiFamilyInvesting #RealEstateInvesting #MultiFamilyHomes #InvestmentProperty #PassiveIncome #RealEstateStrategy #MultiFamilyHomeStrategy #CashFlow #PropertyManagement #InvestInRealEstate #RealEstateWealth #RealEstatePortfolio
Location, Location, Location!
The first 3 rules in real estate investing.
This is talked about all the time but what we don’t focus on as much is the importance and value in purchasing in the right location before everyone else wants to be there.
Before it becomes the hotspot, and putting it plainly, before the prices are higher than most other locations.
There are many ways to find up and coming developments and locations.
Getting information from local chambers of commerce is one, this helps to shed light on future plans for the area, what business are there and/or will be there in the future.
A big obstacle that I see a lot of people face is mistaking proximity with commute.
A few things to consider:
1. You pay a significant premium to be in highly developed, sought after real estate communities compared to areas that are in development and not as well known or sought after.
Not only will the homes typically cost more but property taxes will also typically be significantly higher.
2. How close you are to something doesn’t always dictate how quickly you will reach that destination, especially if you are in a highly congested metro area.
Those of us in Houston area probably familiar with The Galleria Area and its’ traffic.
Contact me if you have any questions are would like to discuss scenarios.
Comment below with your thoughts.
Share this video with someone who needs help finding their next home
And don’t forget to click the bell and subscribe for more real estate & mortgage stats, tips, and updates.
#RealEstateInvesting #LocationMatters #PropertyInvestment #UpAndComingNeighborhoods #RealEstateStrategy #HomeBuyingTips #HousingMarket #SuburbanLiving #LongTermInvestment #PropertyValueGrowth #CommuteVsProximity #HoustonRealEstate #InvestmentProperty #RealEstateSuccess #EquityGrowth #RealEstateTips #NeighborhoodDevelopment #FirstTimeHomebuyer #MortgageAdvice #RealEstateAdvice
For more info on how we can provide you with a successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com=Edward Foy: H Mortgage281-304-6353efoy@HTXMTG.comhttps://www.HTXMTG.com/LTCompetitive Pricing, Quick Approvals, Close On TimeNMLS 310856 / 218762=Subscribe to navigate the homebuying, refinance, or equity loan (HELOC) process with ease: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1
Apply Now: https://www.HTXMTG.com/App
Reviews: https://www.HTXMTG.com/ReviewsRecommended Playlists:Mortgage Tips:https://www.youtube.com/playlist?list=PLTYsNqndW-uRJwDLF45ZiIMJu6s5JpBKV
Mortgage Client Testimonials & Reviews:https://www.youtube.com/playlist?list=PLTYsNqndW-uQ33NpaACeUnvYDnHj0teDb
Videos of Interest:Tap Into Your Home Equity with a Home Equity Line Of Credit (HELOC)https://www.youtube.com/watch?v=4CRXq2CF3aU
The Best Recommendations For Purchasing New Construction From A Builderhttps://www.youtube.com/watch?v=PgkPN_-Quak
Getting Your Mortgage Pre-Approvalhttps://www.youtube.com/watch?v=NCKuNG7lK00=About The Home Equity Network, H Mortgage.We pride ourselves on guiding individuals through the intricate world of real estate & mortgage solutions. Our channel showcases satisfied clients who have successfully navigated the homebuying, refinance, and home equity loan (HELOC) process with our assistance. From insights on purchasing to understanding the nuances of VA Mortgages, our videos aim to educate and empower.With content that resonates with both first-time homebuyers and seasoned investors, we believe in the adage, 'Don't Wait to Buy Real Estate, Buy Real Estate & Wait.'
We Provide Real Estate & Mortgage SolutionsSubscribe: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1=Disclaimer: We do not accept any liability for any loss or damage which is incurred as a result of listening to any of our publications. For all videos on my channel: This information is for general & educational purposes only. Always consult with an attorney, CPA, or financial professional for advice based on your specific situation.Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.© The Home Equity Network, H Mortgage.
What's the first step in purchasing real estate?
Before paying off any collections or bad debt?
The first step in purchasing real estate should always be talking to a mortgage broker like myself.
Know exactly where you stand in qualifying for purchasing real estate, from credit to debt to income ratio and everything in between.
Skipping this vital first step, in purchasing real estate, could lead you to spending more time, energy and money on things that may not be aligned with your real estate purchasing goal. We can help you focus on the best "bang for your buck" when putting together your roadmap to purchasing your next real estate investment.
#FirstStepInPurchasingRealEstate #PreApproval #HoustonMortgage #TexasMortgage
Congrats to The Sustaita Family, on their first time home purchase!
HTXMTG.com was there to capture this monumental moment as they went through the process of closing on their home.
From finding their home, to the closing ceremony, this was an exciting experience. Hoping that this home will bring them years of happiness – and that the Sustaita Family can share all of the wonderful memories in their home together!
Welcome to your home, sweet home!Congratulations Sustaita Family!
Thanks to Don Carreon: Norma Garcia Realty, Joleen Vanzanden: Pacesetter Properties, Raquel Luna: Priority Insurance, URC2C Processing, and Maria Aly: Valero Title.
Title: Congrats on First Time Home Purchase | HTXMTG.com
#FirstTimeHomePuchase #FirstTimeHomeBuyer #FirstTimeHomeBuyerTips #HoustonMortgage #FirstTimeHomeowner #TexasMortgage #HTXMTG
In this comprehensive guide, we're demystifying the secrets and complexities surrounding VA Mortgages to empower homebuyers like you.Join us as we decode the intricacies of VA Mortgages and demystifying the process, ensuring you have all the information you need to make confident decisions.From eligibility requirements to navigating the application process, we leave no stone unturned.Our expert team of mortgage professionals share valuable insights, tips, and advice to help you understand the benefits and opportunities available with VA Mortgages. Whether you're a first-time homebuyer or looking to refinance, this ultimate guide will equip homebuyers with the knowledge and resources necessary to achieve your homeownership dreams.Don't miss out on this invaluable resource – watch now!
#VAloans #firsttimehomebuyer #veteransaffairs #VAhomeloans #VAloanprogram #vahomebuyers #HoustonMortgage #TexasMortgage #HTXMTG
Avoiding common mistakes is crucial for a smooth and successful home buying experience.
When it comes to buying your first home, it's essential to do thorough research and be well-prepared. Many fall into the trap of not doing their due diligence when buying their first home, resulting in regret and unforeseen issues down the line.
One of the more prevalent mistakes is not establishing a realistic budget before embarking on the home-buying journey. We delve into the importance of carefully assessing your financial situation, considering your long-term goals, and seeking professional guidance. By setting a sensible budget, you'll ensure that you can comfortably afford buying your new home without putting excessive strain on your finances.
Another common mistake made when buying a first home is neglecting to get pre-approved for a mortgage. Mortgage pre-approval benefits you in the home-buying process. Understanding your buying power allows you to narrow down your options and make informed decisions, saving you time and guiding your search in the right direction. I also shed light on the potential risks of not hiring a qualified real estate agent.
One of the biggest avoidable mistakes, when buying a first home, is underestimating the complexities involved in buying a home and attempting to tackle it alone. I stress the benefits of working with experienced professionals who can navigate legalities, negotiate on your behalf, and provide invaluable insights.
Ultimately, buying your first home should be a thrilling and rewarding experience. By being aware of the common, avoidable mistakes outlined here, you'll be able to navigate the process confidently, avoid mistakes and unnecessary stress. Together, let's ensure that your first home purchase is a positive, memorable milestone in your life.
#mistakeswhenbuyignhome #homebuyingmistakes #realestatefails #homebuyingtips #htxmtg #homebuyingadvice #avoidhomebuyingmistakes #propertyinvesting #homebuyingprocess #realestateadvice #firsttimehomebuyer #homebuyingguide #homebuying101 #realestatehelp #homeownership #avoidcommonmistakes #realestatetips #househunting #homebuyingmistakestoavoid #homesearch #propertybuyer
For more info on how we can provide you with a successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com = Edward Foy: H Mortgage 281-304-6353 efoy@HTXMTG.com https://www.HTXMTG.com/LT Competitive Pricing, Quick Approvals, Close On Time NMLS 310856 / 218762 = Subscribe to navigate the homebuying, refinance, or equity loan (HELOC) process with ease: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1
Reviews: https://www.HTXMTG.com/Reviews Recommended Playlists: Mortgage Tips: https://www.youtube.com/playlist?list=PLTYsNqndW-uRJwDLF45ZiIMJu6s5JpBKV
Mortgage Client Testimonials & Reviews: https://www.youtube.com/playlist?list=PLTYsNqndW-uQ33NpaACeUnvYDnHj0teDb
Videos of Interest: Tap Into Your Home Equity with a Home Equity Line Of Credit (HELOC) https://www.youtube.com/watch?v=4CRXq2CF3aU
The Best Recommendations For Purchasing New Construction From A Builder https://www.youtube.com/watch?v=PgkPN_-Quak
Getting Your Mortgage Pre-Approval https://www.youtube.com/watch?v=NCKuNG7lK00 = About The Home Equity Network, H Mortgage. We pride ourselves on guiding individuals through the intricate world of real estate & mortgage solutions. Our channel showcases satisfied clients who have successfully navigated the homebuying, refinance, and home equity loan (HELOC) process with our assistance. From insights on purchasing to understanding the nuances of VA Mortgages, our videos aim to educate and empower. With content that resonates with both first-time homebuyers and seasoned investors, we believe in the adage, 'Don't Wait to Buy Real Estate, Buy Real Estate & Wait.'
We Provide Real Estate & Mortgage Solutions Subscribe: https://www.YouTube.com/@HOMEQNET?sub_confirmation=1 = Disclaimer: We do not accept any liability for any loss or damage which is incurred as a result of listening to any of our publications. For all videos on my channel: This information is for general & educational purposes only. Always consult with an attorney, CPA, or financial professional for advice based on your specific situation. Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. © The Home Equity Network, H Mortgage.
Planning on buying a home?
Here are 3 essential homebuying tips to help you prepare:
1. Review your credit:
One of the biggest mistakes I see people make, is putting off a thorough credit analysis until they are 60 days out from when they want to close on a home.
Whether this is you 1st homebuying experience or your 15th, one of the best homebuying tips I can give you is to analyze your credit with a professional sooner than later.
It's quite common for people to think that there are only 1 or 2 things to work on , whether it be saving for down payment or paying down a credit card.
Only for them to later find out that there were 3 other things that they could have simultaneously been optimizing to better their situation.
Optimizing credit can take time, which is why it is vital to know exactly where you stand.
2. Manage your debt:
Debt to income ratio is one of the top reasons for loan denial.
Debt to credit ratios can have significant impact on your credit scores. We can help you assess and optimize these ratios.
3. Contact a mortgage broker:
Few things are as frustrating as being in the 11th hour of a purchase transaction and realizing that you missed an opportunity.
An experienced mortgage broker can help you with all of this, including budgeting and low down payment options.
As always, comment below with your thoughts, please like and share this video if it has been helpful, and don't forget to click the bell and subscribe for more real estate & mortgage tips
Contact me for a no cost mortgage quote and credit analysis.
#HomeBuyingTips #RealEstateAdvice #FirstTimeHomeBuyer #HomeBuyingProcess #HoustonMortgage #TexasMortgageBroker
Employer Down Payment Assistance
Your Employer may offer down payment assistance.Employers like Amazon & Walmart have recently initiated down payment assistance programs for the employees.Be sure to ask your employer if they have or will be establishing an employee down payment assistance program.
You may be able to help your employer start a down payment assistance program.
To qualify we must document:• That the program is an established company program, not just an accommodation developed for an individual employee.• The dollar amount of the employer’s assistance.• An unsecured loan from an employer with an award letter or legal agreement from the note holder and must disclose the terms and conditions of the loan.• The terms of any other employee assistance being offered to the borrower (such as relocation benefits or gifts).• That the borrower received the employer assistance funds directly from the employer (or through the employer-affiliated credit union).
#DownPaymentAssistance #EmployerDownPaymentAssistance #HoustonMortgage #HoustonRealtor #MortgageBroker #TXMortgage #TxMortgageBroker #MortgageRates #VAmortgage #JumboMortgage #FirstTimeHomeBuyer #ComparingMortgageLenders
Congratulations to Mr. & Mrs. Sutton on their home purchase!
_
Thanks to Kenna Stephenson: State 28 Real Estate, Jessica Mcnally: Goosehead Insurance, Moreno Processing, and Stewart Title
Real Estate & Mortgage Solutions:
Competitive Pricing, Quick Approvals, Close On Time Down Payment Assistance Available!
281-304-6353, www.HOMEQNET.com/Reviews
#HoustonMortgage #HoustonRealEstate #HoustonRealtor #CypressMortgage #CypressRealEstate #CypressRealtor #KatyMortgage #KatyRealEstate #KatyRealtor #TxMortgage #TxRealEstate #TxRealtor #FirstTimeBuyer #ConventionalMortgage #FhaMortgage #VaMortgage #Mortgage #MortgageLender #DownPaymentAssistance #DPA
@txmtg_nmls218762 @morenoprocessing @homeqnet_nmls310856 @_jessicamcnally @stewarttitleco STATE 28 Real Estate, Edward Foy, Homeqnet Mortgage NMLS 310856, Moreno Processing, Jessica McNally, Goosehead Insurance - Jessica McNally, Stewart Title Cypress, Kenna Stephenson, State 28 Real Estate