Can I Buy or Sell Vacation Property With a 1031 Exchange?
Photo by Quang Nguyen Vinh from Pexels Owning a vacation home is a popular goal among homeowners. Whether the intent is to rent it out for additional income or to use it as your own private getaway, there are financial aspects of owning a vacation home that are important to consider. Vacation home purchases are expensive up front and
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Grow Your Portfolio with an Assumable Mortgage
Image by Tumisu from Pixabay It's easy to think that investing in real estate is an incredibly expensive venture. You may think you need thousands if not tens of thousands saved before you can even think about it. But there are ways to jumpstart your portfolio even if you're renting one of the cheapest apartments in your neighborhood. Learn
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2031 W Oxford Street, Philadelphia, PA 19121 is now new to the market!
INVESTOR ALERT: This is a newly renovated 4-unit quadplex that is fully occupied with new tenants and yearly leases that run through mid-2022. This multi-family property is a turnkey moneymaker investment. It offers an investor low taxes and a cap rate of 8-10%. All utilities are separate, and all 4 units have access to the basement which offers the tenants the convenience of coin-operated laundry and an additional revenue stream for the property owner. Showings are being offered by appointment only with at least 24 hours’ notice. Conveniently, located near TEMPLE, North Broad Street, Brewerytown, Fairmount and public transit. Book your showings today.
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What is a Jumbo Loan?
Photo by Bruce Clark from Pexels The Federal Housing Finance Agency (FHFA) limits how much you can borrow to buy a house. If you want to take out a mortgage that is above the limits, you have to apply for a jumbo mortgage. As of mid-2019, the limits were increased to $484,350 for most of the country. Some places
Continue Reading...Philadelphia, PA Real Estate Market Update 5/27/2021
Click here to view Philadelphia, PA blog post which has information on the constantly changing market trends.
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Is it Safe to Plant Near My Basement or Crawlspace?
Image by Jean-Pierre Pellissier from Pixabay It's tempting to plant shrubs and other plants against your house to hide the basement or crawlspace area. However, you could be asking for trouble. Before you buy or plant anything new for spring, find out why it's not such a good idea to have plants too close to your basement or crawlspace.
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