"Getting pre-approved for a mortgage requires great credit and a large down payment". FALSE! The Federal Housing Administration (FHA) recognizes that not everyone has 20%
Theres No Better Time To Be A Real Estate Investor
Real estate investors may have never had it so good. A classic alternative investment in a volatile stock market, real estate also just got a boost from the Tax Cuts and Jobs Act, with landlords among the biggest winners.
The law's new provisions especially favor rental properties. "Real estate investors have historically been given preferential treatment by the tax code," says Nick Sher, founder of New York-based Sher & Associates. "All things being equal, 2018 tax reform only enhanced that preferential treatment."
And there's no shortage of tenants. "Real estate is a strong long-term investment because people will always need housing," says Ryan Coon, CEO of Rentalutions, a Chicago-based company that provides online tools for landlords. "While the housing boom and bust of a decade ago hurt a lot of overleveraged buyers, we're facing a housing shortage right now, and that scarcity could mean higher rents."
Yahoo Finance - Rebecca Lake - U.S.News & World Report - 3-30-18
With over 12 years in the Real Estate Business, I have personally sold hundreds of homes such as resales, foreclosures and REOâ€™s. As the owner and active broker, I hold many designations to better s....
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Hey, Millennials. Come on into the real estate market! We really need you to buy some homes so we can keep chugging along. Oh, wait. Prices are rising and so are interest rates, plus inventory is