Real estate investors will typically use a short-term or hard money loan to acquire and renovate properties to flip or rent. This type of loan offers quick access to capital and a speedy close, but typically must be paid off within six to nine months. Borrowers flipping the property will pay the short term note off once the home is sold. A borrower with the ultimate goal of renting the property … [Read more...]
Blog
What is Title Insurance and Why Do You Need It?
When you take title to a piece of property, it means that you are the legal owner. Title insurance protects both lenders and real estate owners from property loss or damage that relates to defects, liens, encumbrances or title clouds. Owner’s title insurance is a low, one-time fee based on the value of your home. With a home being one of the largest investments you’ll ever make, it’s clear why … [Read more...]
9 Basic Tips for Buying a Rental Property
Purchasing a rental home is a substantial investment. Your investment should be solid and produce enough cash flow to make it worth your time, energy and the financial commitment that is necessary to be a successful landlord.Not every home makes a good rental. In fact, a valuable rental requires that real properties meet several key criteria.Home Amenities – Look for a home with good … [Read more...]
Five Important Criteria to Consider When Evaluating Property Management Companies
Managing your rental properties can overwhelm even the most experienced real estate investors. It’s a nonstop job that can dominate your time, pulling you away from other important tasks. If you have decided it may not be the best use of your time or you’re new to investing, it’s likely time to hire a property management company.Choosing a property management company to work with is one of … [Read more...]
Thank You for 8 Great Years!
We just passed the 8 year anniversary of Longhorn III Investments' funding its first loan. I wanted to share a little history and thank a few folks who have contributed to Longhorn's success along the way. … [Read more...]
