Cashflow Chick Blog

409, 2017

10 Questions to Ask Before You Quit Your JOB to Pursue Becoming a Full-Time Real Estate Note Investor

By | September 4th, 2017|Categories: 2017, blog, investing, real estate|0 Comments

10 Questions to Ask Before You Quit Your JOB to Pursue a Career as a Full-Time Real Estate Note Investor So, if you are a new to Real Estate Note investing or are considering [...]

308, 2017

Note Investing Exit Strategies—Foreclosure is not the last resort, right?

By | August 3rd, 2017|Categories: 2017, blog, investing, real estate|0 Comments

Note Investing Exit Strategies—Foreclosure is not the last resort, right? After you buy a defaulted note, when (if) contact is made with the borrower, it is vital to determine the goals and objectives [...]

510, 2016

Anything Wrong With This Picture

By | October 5th, 2016|Categories: blog, investing, real estate|0 Comments

Do you see anything wrong with this picture? We have the HousingWire reporting, “Despite the growing prominence of low down payment mortgages, first-time homebuyers believe they need to put 20% down to compete in today’s market, but it’s not true given current market conditions, according to real estate agents across the country. […]

1409, 2016

Best Real Estate Markets for 2016

By | September 14th, 2016|Categories: Uncategorized|0 Comments

WalletHub’s Richie Bernardo presents the best real estate markets for 2016. The team looked at U.S. Census Bureau data across 300 U.S. cities to find which markets were the best bet for home buyers this year. Simi Valley, Calif., has the lowest vacancy rate, 2.40 percent, which is 15.1 times lower than in Miami Beach, Fla., the city with the highest, 36.17 percent. While demand for home ownership remains strong and prices have rebounded almost back to 2007-2008 highs, this housing market is getting long in the tooth. In some places in the U.S. demand for luxury Condos has fallen, and prices for property have dropped. […]

709, 2016

9 Things You Need to Know About HOAs

By | September 7th, 2016|Categories: blog, investing, real estate|0 Comments

When you purchase a condominium, townhouse or other type of property in a planned development such as a leased land property, a gated community, or even an ordinary subdivision, you are obligated to join that community’s homeowners’ association (HOA) and pay monthly or annual HOA fees for the upkeep of common areas. Investopedia’s Amy Fontinelle lists 9 Things You Need to Know About HOAs. […]

1708, 2016

Bank Statement Loans for the Self-Employed

By | August 17th, 2016|Categories: blog, investing, real estate|0 Comments

Borrowers whose incomes are less documented have a more difficult time qualifying for a traditional home loan. Whether for a primary residence, a second home or an investment property, self-employed borrowers or those who write off 2106 unreimbursed expenses will be the most likely to benefit from the Bank Statement Loans for the Self-Employed. As its name would suggest, to get a bank statement loan you need to provide evidence of solvency, specifically in the form of bank statements from the past 12 – 24 months. These can serve as the means for a down payment. The lender makes a loan based on the terms of the Qualified Mortgage (QM) rule. If a lender makes Qualified Mortgage loan, it means the lender met certain requirements and it’s assumed that the lender followed the ability-to-repay rule. […]