1. Tips for Getting Renters This Season

    Amid the COVID-19 pandemic, nearly every single industry has been affected and faced with the unique challenge of finding ways to overcome the obstacles that the pandemic and the stay at home orders are leaving behind. This is uncharted territory for everyone, which leaves the real estate industry specifically two options: adapt to the changes and get creative to stay competitive, or refuse to cha…Read More

  2. Getting to Know VRBO’s

    With ambiguity still flooding the travel industry and people taking a break from vacationing, you may be pondering your current vacation property investment. COVID-19 has put a hold on many things, and vacation rentals have been no exception. People are concerned with their health and safety, as they should be, and are staying home due to the CDCs shelter-in-place order. While some cities and stat…Read More

  3. Types of Property Non-Recourse Loans Can Be Used For

    When you think of a non-recourse loan, you, of course, think of mortgages and buying a house through a self-directed loan (who doesn’t?) The non-recourse lenders at First Western Federal Savings Bank are perfect for helping you on your way to getting a non-recourse loan, but there are actually many things you can do with your loan other than using it for residential purposes. While an IRA loan m…Read More

  4. Debt Service Coverage Ratio (and what it means for your investment property)

    Buying a property with a non-recourse mortgage can seem like an exceptional way to generate some additional income. And truthfully, it can be! As we’ve talked about, purchasing a property with a non-recourse loan and turning it into a rental can provide you with a financial asset, and a way to generate some revenue through renting it out. With that in mind, it’s important to understand how eve…Read More

  5. 401K (Solo 401K) Non Recourse Loans

    401(k) or Solo 401(k) Non-Recourse Loans are a great way to leverage your 401(k) funds to get a better return on your money. Financing the purchase or refinancing a purchase of real estate inside of a Solo 401K has some distinct advantages over using a Self Directed IRA to buy and fund real estate purchases. The process is the same no matter the retirement entity purchasing the property and fundin…Read More