| Bedrooms: | 2 |
| Baths (FTHQ): | 2 |
| Year Built: | 1982 |
| Sqft/Source: | 1,002 |
| Bedrooms: | 2 |
| Baths (FTHQ): | 2 |
| Year Built: | 1982 |
| Sqft/Source: | 1,013 |
| Bedrooms: | 2 |
| Baths (FTHQ): | 1, |
| Year Built: | 1987 |
| Sqft/Source: | 1,034 |
| Bedrooms: | 5 |
| Baths (FTHQ): | 3 |
| Year Built: | 2007 |
| Sqft/Source: | 3,807 |
| Eating Area: | Breakfast Counter / Bar, Formal Dining Room |
| Floor: | Hardwood, Wall-To-Wall Carpet |
| Bedrooms: | 3 |
| Baths (FTHQ): | 2 |
| Year Built: | 1984 |
| Sqft/Source: | 1,644 |
| Eating Area: | Breakfast Counter / Bar, Family Kitchen, Formal Dining Room |
| Floor: | Ceramic Tile, Wall-To-Wall Carpet |
| Utilities: | Cable TV, Water District |
| Bedrooms: | 3 |
| Baths (FTHQ): | 3 |
| Year Built: | 1989 |
| Sqft/Source: | 2,154 |
| Bedrooms: | 4 |
| Baths (FTHQ): | 3 |
| Year Built: | 1982 |
| Sqft/Source: | 2,159 |
| Bedrooms: | 4 |
| Baths (FTHQ): | 3, |
| Year Built: | 1983 |
| Sqft/Source: | 1,984 |
| Eating Area: | Area,Formal Dining Room |
| Floor: | Ceramic Tile,Wall-To-Wall Carpet |
| Utilities: | Sewer In Street Paid |
| Bedrooms: | 3 |
| Baths (FTHQ): | 2 |
| Year Built: | 1981 |
| Sqft/Source: | 1,948 |
| Bedrooms: | 3 |
| Baths (FTHQ): | 3 |
| Year Built: | 1997 |
| Sqft/Source: | 1,752 |
| Bedrooms: | 4 |
| Baths (FTHQ): | 3 |
| Year Built: | 1980 |
| Sqft/Source: | 1,938 |
| Bedrooms: | 3 |
| Baths (FTHQ): | 1 |
| Year Built: | 1984 |
| Sqft/Source: | 1,158 |
| Bedrooms: | 4 |
| Baths (FTHQ): | 3 |
| Year Built: | 1980 |
| Sqft/Source: | 1,938 |
| Bedrooms: | 4 |
| Baths (FTHQ): | 2 |
You may have decided you would like to start investing in property but you are not exactly sure how to go about it. One thing you should do before you begin is to research the financing options that may be available to you.
Most people, when they first begin their endeavor with property investing, find that financing is their only means of purchasing property. The following is some information regarding real estate financing and investment strategy that may be beneficial to you.
When you hear the term “leverage” applied to real estate financing and investment, you will find that this term simply means to use borrowed money for financing your property investment. Your initial investment will be the money that you use for a down payment.
In order for this leverage to be beneficial in your real estate finance and investment strategy, you will want to secure the borrowed money at a low-interest rate and make sure the term of the loan is over the longest period of time that is possible. This is to avoid yourself from being tied up in the property and having least money for your own or other investment usage.
You do have to remember, however, that the risk of your investment is tied in directly with leverage. If you place a small down payment on the property, the leverage is high and the ratio of the amount owed to the value of the property is high, making the property a high risk. The more money you put as a down payment on the property, the lower the leverage and the lower the risk.
Many, in their real estate financing and investment strategy, use pyramiding to acquire more properties. What this simply means is that you are using the equity on one property to help you purchase another.
For example, you purchase a property for $100,000 by making a down payment of $20,000 and borrowing $80,000. The properties value at the time of the purchase is $110,000. Six months later, you have a positive cash flow of $1,000 a month on the property and its value has increased by $40,000 due to your renovations. You now have equity of approximately $70,000 or more in the property.
You take out a home equity loan of $30,000 and this is used for the down payment of another investment property. This is also known as pyramiding and is a real estate finance and investment strategy used by many.
Pyramiding through sale is also another real estate finance and investment strategy used by many, as well. In this method, when your property’s value has increased, you sell instead of taking out a home equity loan.
In the example above, if the same property was sold for its value of $150,000, you would use the money to pay off the initial loan of $80,000, deduct your initial investment of $20,000, what you have paid in interest and principal, as well as the cost of renovations, to discover you’ve made a profit of approximately $25,000 to $30,000 in a matter of a six-month period. This money can then be used as a down payment on another property.
Before you begin investing in property, it is crucial to understand what real estate finance and investment strategy you plan to use. However, it is also important to understand that property investment comes with risk. Research the facts and figures before you make any decision with your real estate finance and investment strategy.
| Bedrooms: | 3 |
| Baths (FTHQ): | 2 |
| Year Built: | 1986 |
| Sqft/Source: | 1,600 |
| Bedrooms: | 2 |
| Baths (FTHQ): | 2 |
| Bedrooms: | 2 |
| Full Baths: | 2 |
| Built: | 1984 |
| Square Feet: | 1,072 |
| Bedrooms: | 2 |
| Full Baths: | 2 |
| Built: | 1985 |
| Square Feet: | 1,149 |
| Bedrooms: | 3 |
| Full Baths: | 1 |
| 3/4 Baths: | 1 |
| 1/4 Baths: | 1 |
| Built: | 1980 |
| Square Feet: | 1,687 |
| Lot Size: | 5,166 |
| Bedrooms: | 3 |
| Full Baths: | 2 |
| 1/2 Baths: | 1 |
| Built: | 1989 |
| Square Feet: | 1,929 |
| Lot Size: | 5,732 |
Assoc. Dues: 250 Property Description: Hidden Valley Ranch Gated Community offers a three level open floor plan featuring two bedroom, two bathroom, two car garage, inside washroom, great kitchen, fireplace, private patio, high cathedral ceilings and lots of storage room. Unit is located in the best location of complex. Shows like a model. Turnkey condition shows like a model. Very nice and clean. Submit all offers. Seller will consider paying 6months of association dues. | ||||||||
| Bedrooms: | 2 |
| Full Baths: | 3 |
| Built: | 1984 |
| Square Feet: | 1,072 |
| Lot Size: | 2,422 |
| Bedrooms: | 5 |
| Full Baths: | 3 |
| 1/2 Baths: | 1 |
| Built: | 2007 |
| Square Feet: | 3,807 |
| Lot Size: | 7,340 |
| Bedrooms: | 3 |
| Full Baths: | 2 |
| Built: | 1969 |
| Square Feet: | 1,431 |
| Lot Size: | 7,370 |
| Bdr: | 3 |
| Total Baths: | 3 |
| Full Baths: | 2 |
| 3/4 Baths: | 0 |
| 1/2 Baths: | 1 |
| Bdr: | 3 |
| Total Baths: | 3 |
| Full Baths: | 2 |
| 1/2 Baths: | 1 |
| Built: | 1986 |
| Square Feet: | 1600 |
| Lot Sz: | 4229 |
| Property Description: |
Located in the prestigious gated Hidden Valley Complex, you'll find this gorgeous 3Br town home hidden in the midst of enchanted woods. Quiet and secluded location with gorgeous greenbelt and hills view where chirping birds sing. Totally remodeled with neutral decor including elegant 20x20 travertine floor, designer 2-tone paint, recess lightings and newer carpet. Spacious living room with cathedral ceilings and a romantic fireplace. Patio door off the living room to the cozy side yard. Formal dining room with built in wall-to-wall cabinets. Newly remodeled kitchen with new floor, recess lightings & new country rustic tile countertop. Spacious family is adjoining the kitchen providing large open space. Cozy breakfast nook. Spacious master bedroom with dual sinks & oval tub. Laundry in the garage. 2-car attached garage. This unit is only steps to the community pool and spa. Excellent schools. Water and H.O.A. included in the rent. |
Features |
| Association Pool,Association Spa,Association Trash Paid,Cathedral Ceilings,Cul-De-Sac,Direct Garage Access,Gated Community,Hills View,Park Or Green Belt View,Trees/Woods View,Turnkey,Window Blinds |
| Bdr: | 2 |
| Total Baths: | 2 |
| Full Baths: | 2 |
| Built: | 1988 |
| Square Feet: | 1055 |
| Property Description: |
| Enchanted cute Spanish Villa that is a rare 2-bedroom single story house in a quiet cul-de-sac. 2-car attached garage. Beautiful Mediterranean architecture with red tile roof and gated courtyard. Open and spacious living room with cathedral ceilings and patio access to side yard. Bright dining room is next to the kitchen with patio door to the backyard. Master suite with cathedral ceilings, romantic fireplace, ceiling fan and dual mirror closets. Master bathroom with dual sink, large oval tube and sky light. Excellent schools, California Blue Ribbon Ranch Hills Elemantary, Lorbeer Intermediate and Diamond Ranch High. Centrally located near 57, 10, 60 and 71 Fwy. Phillips Ranch is a real nice college town next to Cal Poly Pomona. Direction: From 57 Fwy and Temple, E on Temple, R on Santa Clara, L on Calle Del Cabos. |
| Features |
| Cathedral Ceilings,Ceiling Fan,Cul-De-Sac,Direct Garage Access,Drapes/Curtains,Freestanding,Main Floor Bedroom,Main Floor Master Bedroom |
| Bdr: | 2 |
| Total Baths: | 2 |
| Full Baths: | 2 |
| Built: | 1984 |
| Square Feet: | 1069 |
| Property Description: |
| Gorgeous end unit townhouse with modernized kitchen that has granite countertop, stainless appliances, travertine floor and recess lightings. Living room has cathedral ceilings, Pergo wood floor, warm contemporary paint and a romantic fireplace. Large patio door in the living room opens to the cozy side yard. Going up the stairs to the two large bedrooms and two bathrooms. Laundry hookup is in the garage. 2-car attached garage. Large gated patio improved with concrete floor that is perfect place for a nice afternoon tea. Hidden Valley gated complex is the cream of the crop for townhome living. There are swimming pools, spa, well manicured ground and beautiful walking paths. Pets welcome with deposit. Excellent schools. Water and H.O.A. included in the rent. Easy freeway access to L.A., Orange, Riverside and San Bernardino County. Direction: From 60 Fwy and Phillips Ranch, S on Phillips Ranch, L on Scenic Ridge, immediate L into gated complex. |
| Features |
| Association Pool,Association Spa,Cathedral Ceilings,Curbs/Walks,Direct Garage Access,End Unit,Gated Community,Homeowners Association |
| Bedrooms: | 2 |
| Full Baths: | 3 |
| Built: | 1988 |
| Square Feet: | 1,345 |
| Lot Size: | 7,118 |
| Bedrooms: | 2 |
| Baths: | 2.00/ |
| Built: | 1982 |
| Square Feet: | 1,002 |
| Lot Size: | 2,421 |
| Features: | AE,CC,CU,GA,DY,FR,FD,HW,LL,MF,MM,NC,UR,SH |
| Attic,Cathedral Ceilings,Custom Window Covering,Direct Garage Access,Driveway,Freestanding,French Doors,Home Warranty Plan,Lot-Level/Flat,Main Floor Bedroom,Main Floor Master Bedroom,No Common Walls,Utility Room,Window Shutters |
| L/P Excludes: | Entry & Dinning Room Chandelier |
| Description: | A great piece of property and a wonderful floorplan. Priced to sell. Vaulted ceilings, indoor laundry room, faux wood shutters, newer tile roof, dual pane windows, skylight in the family room, large tiled sunroom in back with a fiberglass spa (not part of square footage). The lot is oversized and private as part of it backs to a gentle slope with no neighbors behind you. There is a freestanding lanai, waterfall built into the gentle slope, red apple iceplant, weeping willow tree with lawn, block walls, and cement patio. The home will need new carpet and paint inside, but is a nice solid residence. The master is luxurious with a retreat w/fireplace (could use as an office or reading room), vaulted ceilings and french doors leading to the sunroom. Schools are excellent and shared w/ N. Diamond Bar. Over 900 api at Ranch Hills elementary, a california distinguished school. Make an offer! Note a model match at 10 Los Felis closed on 4/30/07 @ $575,000. Just reduced 11/7/07 by $15k |
| Bedrooms: | 2 |
| Baths: | 1.00/ |
| Built: | 1983 |
| Square Feet: | 950 |
Some homeowners may have heard of refinancing home mortgage but not known what it exactly meant, what it entailed, or how to go about doing it. All of those questions are easy to get answers to, but a tougher question to answer is "when should I refinance my home mortgage " as is "why should I refinance my home mortgage." Finally, perhaps the toughest question a homeowner may have to ask is simply "should I refinance my home mortgage." Before we attempt to answer those three BIG QUESTIONS, let's take a look at what refinancing is, and what it is not.
Home mortgage refinance is essentially the act of obtaining a new home mortgage. This is not a " second mortgage" and it is very different from a home equity loan or a home equity line of credit (which we'll discuss in a bit). It may be easier to understand home mortgage refinance if you think of it in the same terms as buying a house in the first place, because the process is quite similar.
In a home mortgage refinance the homeowner is obtaining a new mortgage. The new loan pays off the old one and the homeowner starts making payments to the new lender. There may be a number of reasons a homeowner would do this, but the primary reason most people refinance is to get a lower interest rate. Let's say you purchased your home five years ago at a fixed rate of eight percent. It was a good deal at the time and you were happy with the fixed rate because you knew that if interest rates suddenly went up, the lender couldn't change the rate on you. But interest rates went down and, for the sake of argument, let's say they went down a lot. You're paying eight percent when you could be paying four. A home mortgage refinance will get you out of that eight percent deal and into a more comfortable interest rate. This action can save you thousands of dollars over the life of the loan.
