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Getting Prequalified vs. Preapproved for a Loan

The single most important piece in buying real estate is having the money to do so! I know pretty obvious, right? Unless you are paying outright cash then you will need to get prequalified for a loan to know how much property you can afford. Getting Pre-qualified Step 1 – Call a …

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Condominiums – Things To Know

In the past two posts of the scaredycat real estate guide we discussed homeowners assocations (HOAs) and property types. One of those property types is condos. Whether it’s as a primary residence or for a rental property, we need to be aware of the environment we’re buying into with these. Condominuim …

Real Estate

Pros and Cons of an HOA

In our last post, we spoke about the different property types we can invest in. Within that, there are homes that are located within Homeowner’s Associations (HOA’s) In this post we will cover the: Pros and Cons of owning rental property within an HOA Community We generally see Townhomes and …

Real Estate

ScaredyCatGuide to Property Types

Now that we know how to correctly run the financials on a investment property the way a good scaredycat investor would. Let’s discuss the types of properties that are out there! We are focusing exclusively on Residential Properties. This consists of Single Family and Multi-Family. Multi-family Multi-family is exactly as it …

Real Estate
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ScaredyCatGuide to Real Estate Investing – Part III – Story Time!

In the first two posts we learned the financials of buying right and how to calculate that as the financials are the base to our property buying decisions. This is because we are looking to get into good investments and running the financials leads us do so! Story Time To …