BRRRR strategy can provide passive income and a revolving method for purchasing and owning rental property. The method works through the following steps: Buy a property: The property you purchase should be a distressed property that needs some work to get […]
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Interest Rates
Should You Lock Your Interest Rate Today IF You Are Building An Investment Property?
Highlands’ 1 Year Rate Lock Extended Program! Highlands Residential Mortgage is excited to share our newest way to help buyers in new construction. Our Extended Rate Cap Program will guarantee and protect your client’s interest rate for up to 360 […]
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Why is My Rate Higher on an Investment Property Loan?
While it varies based on market fluctuation, you can generally expect investment property financing to be at least 0.5% higher in rate when compared to primary home financing. In mortgage finance, pricing adjusters are added to a loan, which can […]
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