The Redmond Group

Legend Home Lending

  • Home
  • About Us
  • Blog
  • Mortgage Info
    • First Time Home Buyer Tips
    • First Time Home Seller Tips
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Mortgage Glossary
  • Pre-Qualify Now
  • Contact

3 Ways That You Can Leverage Mortgage Financing to Build a Real Estate Investment Portfolio

November 10, 2016 by Joel and Jodi Redmond

3 Ways That You Can Leverage Mortgage Financing to Build a Real Estate Investment PortfolioReal estate may be one of the most important things that you will ever invest in, but it can also be a useful means of increasing your financial well-being. If you’re getting into the real estate game and are wondering how you can make use of investing in homes to improve your net worth, here are three ways you can successfully work towards a real estate investment portfolio that will make you proud.

Home Equity Line of Credit Loan

Also known as HELOC, this is the type of loan where a homebuyer taps into the equity of their home while they are still paying off their mortgage. As the equity that has been paid into the home is available without the homebuyer having to apply for it, this allows those who invest in real estate to borrow against equity to renovate the property or pay for a deposit on another property.

Pick Properties That Will Appreciate

It goes without saying that most people want to invest in a property that will increase in value, so as an investor you need to be especially careful about what you invest in. Since you may have problems paying all your property fees if the value of one decreases, try and be aware of future market trends and neighborhood hotspots. This means diversifying the properties you invest in and including a buffer in your payment plan so that, even if the market takes a turn, you can still pay off your amount owing.

Investing In Under Market Value

There are few better ways to improve the financial feasibility of your investment portfolio than investing in a property that is under market value. Not only will you have an automatic gain with the purchase price, you will be able to invest that money into improvements in order to bump up the market price even more. While finding this type of property can be difficult for the newcomer, looking for neighborhoods with potential or properties that require little maintenance can be a good place to begin.

There are few better things to invest in than real estate, but it can be hard to know where to put your money in the beginning. Whether through a home loan or purchasing a property under market value, there are plenty of ways to bump up your net worth. If you’re currently considering an investment in real estate, contact your trusted mortgage professional for more information.

Home Mortgage Tips Tagged: Home Mortgage Tips, Investment Properties, Mortgage

Joel and Jodi

Contact Us


Call Us! (281) 218-6848
Legend Home Lending
Joel NMLS #231806
Jodi NMLS #231807
Legend Logo

Connect with Me!

PRE-QUALIFY →

Let’s Keep In Touch!

  • This field is for validation purposes and should be left unchanged.

Quick Links

  • Get A FREE Rate Quote!
  • Accessibility Statement
  • About Us
  • Contact

Looking For Something?

Equal Housing
Legend Lending Corporation • NMLS # 229421 | NMLS Consumer Access | Privacy Notice | Texas Recovery Fund Notice

Legend Lending Corporation, NMLS 229421 is an equal opportunity lender.

Archives


Joel & Jodi Redmond
17047 El Camino Real
Suite 150
Houston, TX 77058

Copyright © 2023 The Redmond Group  ·  All rights reserved   ·   Log In