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10 Things Everyone Should Know About Real Estate Investing

Real estate investing is gaining popularity in Bourne, and if you've been giving it some thought, this guide will give you an overview. The goal of any real estate investor is  typically  to make money. This means purchasing an investment property at a good price so you can rent it out and maybe eventually sell it for a profit.  Real estate investing is an  ever changing  game. To get and stay ahead and make consistent money, you'll need to do your homework. Here are 10 things to know: 1) Get Pre-Approved for a Mortgage When you get a mortgage pre-approval first, there are some benefits you can take advantage of, financial benefits being a big one. Once you're pre-approved, most lenders will lock in an interest rate for you, so if rates go up while you're conducting your property search, you'll enjoy your lower, locked-in rate. When it comes to demonstrating your seriousness to a potential seller, having a pre-approved mortgage could get you prefer...

How to Keep Your Stress Level Down When Dealing With Financing

One excellent way to improve your financial profile is to buy a home of your own. But we won't lie: It's a long and potentially incredibly stressful process, especially when it comes to the dollars and cents of securing a mortgage loan. So how do you navigate the stress of the journey in order to reach Destination Homeowner? There's a lot that's within your control to help ease some of that stress and make the whole thing a little bit easier. If you take a few steps upfront to manage the financial details early, you'll thank yourself on moving day. Get pre-approved for a mortgage Getting your mortgage loan is arguably the most labor-intensive aspect of buying a home. You'll have to submit documents that show your income and expenses, including tax returns, bank statements, paystubs, and more. A mortgage pre-approval is much more involved than its lighter cousin, the mortgage pre-qualification. But a pre-approval will help you understand exactly how...