Hand dropping coin into house model next to stacks of coins

Article Summary: Although many times you need to pay some sort of tax when selling a rental property, the IRS offers many structures and exclusions that can help you mitigate tax or avoid tax altogether. Tactics such as a 1031 exchange and depreciation are classic asset structures and allowances that can help you to avoid […]

Two sacks with dollar signs opposite house model on scale

Article Summary: Using the equity you’ve built in your home can be a great way to finance major expenses in your life, such as home improvements. Two ways to leverage that equity are to take out a home equity loan or to get a cash-out refinance. A home equity loan is basically a second mortgage […]

One hand with pen about to sign documents with house model in the back

Article Summary: You can get equity out of your home through a home equity loan, HELOC, or cash-out refinance. These funds can be used for everything from renovating your home to consolidating other loan expenses, and investing in property or a business. Before committing to one loan, compare alternative options and fees to ensure you’re […]

Image of a home, money growing and a calculator

Article Summary: Typically there are no legal limits on the number of times you can refinance your mortgage loan. However, some states, such as Texas, do restrict the number of times you can do it in a year and some lenders may also have policies that restrict the frequency with which you can refinance. Refinancing […]

Should you refinance a 30 year mortgage for a 15 year mortgage

Many people are refinancing their homes now while mortgage rates remain near record lows. If you’ve decided to look into the process, then there are several pieces of information you should gather before you actually move forward. It’s best to have everything at your fingertips before you start working with a loan officer or broker. […]

Invest or pay off your mortgage. Find out which one makes sense for you.

You’ve come into some extra money. Maybe a relative left you an inheritance, or your employer gave you a holiday bonus. Or maybe you’ve set up your budget to get you some extra savings each month. You want to use this extra cash to improve your financial situation. But what’s the best way to do […]

How to save money on mortgage closing costs

A home is probably the most expensive purchase you will make in your lifetime. Even relatively affordable houses cost hundreds of thousands of dollars, and mortgage loans can last decades. As such, choosing the right loan is an essential part of the home buying process. When comparing loans, people often look at the length of […]

Chinese Real Estate Investors Reverse Decade-Long Buying Spree

Since 2008, Chinese real estate investors have spent tens of billions of dollars on commercial properties in the United States. In many cases, they’ve overpaid to acquire hotels, office buildings, and empty lots to build new residential spaces. But according to a report by the Wall Street Journal, all of that came crashing down in […]

Mortgage interest deduction Should you get a mortgage cosigner?

Can you renegotiate your mortgage to get better terms without refinancing? It’s possible. Banks do renegotiate mortgage contracts in certain situations. However, you need to give your lender a good reason. Here’s everything you should know and mortgage renegotiations including valid reason lenders accept, the process, and answers to frequently asked questions. What are valid […]