With interest rates still hovering near all-time lows, and a deluge of TV shows out there about fixing and selling rental properties, the interest about investing in real estate has never been higher. That is why I am hosting an informational webinar on Sept. 10 aimed at providing a variety of useful, highly effective strategies for investing in real estate. It will be held at the New Hanover County Executive Development Center, 1241 Military Cutoff Rd # A, and begins at 6:15 p.m.
Aside from pointing out the benefits, such as leveraging borrowed funds to purchase rental properties and generate a monthly cash flow, the webinar will dispel many of the myths and rumors associated with investing in real estate. As an example, there is a widespread belief that it is necessary to have a 20 percent down payment to purchase an investment property. This is not the case, as there are a range of options available that would allow an investor to only make a 15 percent down payment.
The point is that it is all situational. A licensed and professional mortgage broker will carefully weigh all of the factors associated with a person’s individual circumstances and financial situation. After that, an investment strategy that is customized to the investor can be developed and put into action.
There is not a “one-size fits all” approach to assessing the ability of buyers to repay a loan, just as there is not a specific investment strategy that will fit the current needs and future goals of everyone on the planet. To ensure that the webinar I am hosting will offer information that is useful to people from a variety of demographics and financial situations, I will cover the following topics pertaining to real estate investments:
Affordable Housing Investors Buy Lakeside Villas In $29M Deal
Staff Reports
-
Jan 26, 2023
|
|
Work Continues On Covey, Envisioned As Midtown’s Neighborhood Nest
Miriah Hamrick
-
Jan 25, 2023
|
|
The Half Takes A Bite Out Of New Markets With Second Location
Miriah Hamrick
-
Jan 25, 2023
|
|
City To Begin Due Diligence On Potential Thermo Fisher Building Purchase
Johanna F. Still
-
Jan 25, 2023
|
|
Novant NHRMC Unveils Its Neurosciences Institute
Staff Reports
-
Jan 25, 2023
|
Plans for major improvements fell by the wayside, delayed by life and the home’s overwhelming degree of deterioration, which placed the prop...
With more than 15 years of experience in the wood chip industry, Taner Basaga has maintained key relationships with loggers in the region. “...
Boombalatti’s Homemade Ice Cream became a local favorite when it first opened in The Forum on Military Cutoff Road in 1999. When Wes and Kri...
The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.