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Should You Use Doctor Loans to Finance Investment Properties?

Post Author By Rimuru
Post Date September 23, 2024

What Are Doctor Loans?

First, it’s important to understand what a doctor or physician mortgage loan is. This is a mortgage loan you can get that allows you to buy a house with less than 20% down and NOT PAY Private Mortgage Insurance (PMI). Remember, PMI is that insurance that you pay to protect your lender from you defaulting on your mortgage. It’s a nice benefit to not have to pay it.

In addition, these loans will generally only consider your required student loan payment (rather than your true debt-to-income ratio) so, if you are in an Income-Driven Repayment (IDR)

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Realtor

Homebuyers are rejecting more offers than ever for ‘tiny’ issues. What’s a seller to do?

Post Author By Rimuru
Post Date September 14, 2024

Real estate agent Shay Stein remembers not too long ago when buyers pledged to name their firstborn after homeowners to get to the closing table.

Now, buyers are asking for closing costs, repairs, or in some cases, insist on the availability of street parking or they’ll walk, Stein and other agents say.

“Last year, they were making offers within two hours of the house being listed and now they’re visiting the home multiple times and asking for all kinds of things,” says Stein, a Las Vegas real estate agent. “It’s like whiplash.”

It’s a change for buyers — and a

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Realtor

Journal Membership 09-23-22 – Making a Funds

Post Author By Rimuru
Post Date July 2, 2024

Here is Journal Membership 09-23-22! Each week, I maintain a JOURNAL CLUB. After filtering by the articles on the internet, I current just a few that impacted my life this week. Be secure and keep properly!

Is it doable to take an prolonged break from work in case you’re pursuing monetary independence? If sure, how would this lengthy break have an effect on your FIRE date? Would this trigger any delays? Is there a solution to benefit from the prolonged break with out closely altering your FIRE purpose? Effectively, there’s excellent news. The Doctor on FIRE solutions to those

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Realtor

No Longer a Titan, NFL Wideout Robert Woods Lists Modern Nashville Home for $6M

Post Author By Rimuru
Post Date June 17, 2023

No Longer a Titan, NFL Wideout Robert Woods Lists Modern Nashville Home for M

Wide receiver Robert Woods is running a new pattern and making a change of address.

After a single, less-than-satisfying season with the Tennessee Titansthe speedy pass catcher signed a two-year, $15.25 million contract with the Houston Texans.

As a result, his five-bedroom mansion in Nashville, TN, is on the market for $6 million.

According to the listing details, this contemporary gem was named a 2022 Home of Distinction—and it’s easy to see why. The new owner will enjoy bright, airy living spaces and abundant outdoor living space in the

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Realtor

7 Best Homebuying Apps To Help With Your New Home Purchase

Post Author By Rimuru
Post Date June 13, 2023

You can make searching for the perfect home so much easier if you download a homebuying app, but which one should you choose? After all, there are more than a handful available.

See Our List: 100 Most Influential Money Experts
Related: 3 Things You Must Do When Your Savings Reach $50,000

To help you choose a homebuying app that will meet your needs, start by identifying your goals. For example, are you looking for a great neighborhood for families? Or does the ability to view updated listings every 5 minutes sound more your speed? How about

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Realtor

Chiefs star Patrick Mahomes has put KC home up for sale. Take a look inside the house

Post Author By Rimuru
Post Date June 11, 2023

A year ago, Chiefs quarterback Patrick Mahomes mentioned on a talk show that he was building a new home in Kansas City.

The work must be finished at the new Casa Mahomes, because he has put his other home on the market.

The three-bedroom, 3 1/2-bath house is 4,759 square feet and sits on a 1.4 acre lot, according to Realtor.com. It’s being sold for $2.9 million.

Here is a description from Realtor.com: “Right off of Country Club Plaza, this stunning ranch style home is in the sought after subdivision of Sunset Hill. Sitting on over an acre of land,

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Realtor

Journal Club 06-02-23 – Passive Income MD

Post Author By Rimuru
Post Date June 2, 2023

Here’s Journal Club 06-02-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

As high-income earners, most of us are familiar with the concept of credit for both personal and professional purposes, and the role it plays during our journey to financial freedom. However, have you heard of a Credit Crunch, and what does that mean for you in this economic cycle? The Physician on FIRE shares more about it in the post – What is a Credit

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Realtor

MLB Legend Chipper Jones Snags Record-Breaking Sale on Georgia Home

Post Author By Rimuru
Post Date May 21, 2023

former Atlanta Braves great Chipper Jones recently set a real estate record with the sale of his Canton, GA, mansion.

The $11 million final price was the largest recorded sale so far this year in Georgia—and the biggest real estate deal in the Peach State since 2019.

This sale also netted Jones a nice profit: He purchased the ranch in 2018 for $9.25 million. The endlessly luxurious property features 37 acres, eight bedrooms, and 11 baths.

The mansion’s wooden lot includes a fish-stocked, private lake; gardens; a pool; fire pits; and horse stables. In addition to the main house, there’s

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