Buying a house in Florida without money is feasible through various mortgage strategies. Options like USDA, VA, Conventional 97, and FHA loans offer low or zero down payments.

The Florida House passed a bill that could increase interest rates on consumer-finance loans. The bill allows for higher interest rates on different principal amounts, aiming to attract more lenders to the state. However, opponents are concerned about the impact on borrowers who may not qualify for bank loans. Governor DeSantis vetoed a similar bill…

Mortgage rates remain high in the current market, with expectations of a decline pushed back to later in the year. Successful loan officers focus on buyer education and building referral relationships. Homebuyers are adjusting to higher rates, understanding the need to act now rather than wait for rates to drop. Industry experts predict rising home…

Find out whether the central bank chose to cut rates The Federal Reserve has held interest rates steady once more following its latest meeting, continuing with a patient approach amid growing speculation that rate cuts are on the way. The central bank said on Wednesday afternoon that it was keeping its funds rate at its…

With two days remaining in the 2024 Florida legislative session, the state House passed a short-term vacation rental measure. The bill includes new regulations for platforms like Airbnb and Vrbo. Changes include a "grandfather" clause for local ordinances and funding for more oversight officers. Critics argue the bill does not go far enough in addressing…

Hard money loans are pivotal in Florida's dynamic Real Estate landscape, known for short terms and high interest rates. They're ideal for swift transactions like auction purchases, fix-and-flip projects, or when traditional financing isn't viable.

Investment Opportunities: Florida's Real Estate market offers diverse investment options with potential for growth.Dream Home Destination: Find your dream home in Florida's dynamic housing market.

When using 1099 income to qualify for a mortgage… 1099 income refers to income earned by an individual or business entity that is paid in the form of a 1099-MISC or 1099-NEC tax form. These forms are typically used for reporting various types of income other than salaries, wages, and tips. Examples of income reported…

We discuss five trends impacting real estate funds and investments in 2024, including sustainability compliance, new technologies, and an upcoming election. AI technology is emerging in commercial real estate, offering efficiency and risk mitigation. Real estate fund managers must address decarbonization demands and comply with new regulations on climate-related disclosures. The SEC is focusing on…

When Fannie Mae and Freddie Mac added the guideline about variable income they took the normal over time, bonus and commission pay types and added variable hourly pay and how long you must receive before the income is considered stable. Variable hourly pay is any pay that is either not salary or a fixed amount…