In the first video I explained that you have to pay attention to how you’re financing your transaction. With real estate, the only transaction that does not come with associated fees is when you're purchasing it, is with Straight Cash. That means the money that is in your checking or savings account.
If you're using a hard money lender or if using a retirement funds, there are fees attached to that transaction. You need to know whether there is compounding interest. You need to know if the fees may vary for any reason. In most instances it takes a formula to figure out what it actually cost you. and it's very important for your bottom line to know what those fees are. Mainly because if the budget gets tight, you can actually afford to give up.
Author:John Lewis Phone: 201-855-9377 Dated: April 11th 2019 Views: 1,156 About John: Specializing in Distressed Properties and Foreclosures, I have been regarded as "the angel realtor."...
At Culture Estate our name says it all. It's our agents and staff that make us unique and special. We handle every client with intense care and diligence. Let us make your home buying or selling experience an enjoyable one.
Anyone that has been investing in real estate for the past two yea
" Luis has exceeded all expectations of what a real estate agent should offer. His transparent answers and Honestly helped us to make experienced decisions. His knowledge coupled with his candor provided us with a knowledgeable source that we were comfortable to go to regardless if the question or circumstance. I would strongly recommend him as a real estate agent to anyone who is serious in buying a home wants to do things the correct way."