Author: Charles Smith

5 Ways to Buy Investment Property in Wilmington When You Have Bad Credit

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Bad credit doesn’t have to derail efforts towards building passive retirement for your income through real estate investments. While conventional lenders may turn you away over your past transgressions, they are not the only option available for funding investment property. While the perfect scenario would be to repair your credit issues and then gain financing … Continued

What You Should Know About Using Hard Money Lenders in Wilmington

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Hard money is a term that describes borrowing without going through the traditional lenders to purchase real estate using the property as collateral along with other factors to approve the loan. When borrowers either lack time to go through the conventional process or are unable to attain lender approval, hard money lenders offer an alternative.  … Continued

How to Get Financing for Your Wilmington Investment Property

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Time waits for no one. Nowhere in life is this more true than taking measures to ensure your passive income during your retirement years. By taking action, you will have the ability to tackle your bucket list as well. It is more critical that you get started sooner rather than later because the amount of … Continued

5 Signs of a Great Investment Property in Wilmington

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Real estate is a numbers game, and there are universal factors that influence the outcome for each player. When you have an opportunity to invest, how will you know if you are holding a great card in your hand? Winners easily recognize these five signs of a great investment property in Wilmington. Demand  Demand for … Continued

How to Buy a Short Sale or Foreclosure in Wilmington

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X marks the spot, and jumping on the main highway of online listings will not deliver the short sales and foreclosures Wilmington real estate investors seek. Unlike foreclosures, short sales are voluntary and generally are in move-in condition, usually still occupied. Short sales are, in essence, the last-ditch effort of sellers to avoid entering into … Continued

Top Tax Deductions for Your Wilmington Investment Property

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Tax laws are incredibly advantageous to those who invest in real estate, and you could pay little to no taxes through optimum maximization of these laws. It is vital to understand the advantages of leverage regarding real estate investments and tax laws. Be sure that you are following the guidelines so that your deductions pass … Continued

How to Use Your IRA to Buy Investment Real Estate in Wilmington

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Can I use my IRA to buy an investment property? Using your IRA as a tax-deferred protective shield allows you the benefit of diversification of assets and potentially higher returns through your real estate investments. While you cannot purchase property you already own under the rules, when you retire, what once served as one of … Continued

What to Expect When Using Private Lending in North Carolina

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Many investors rely solely on private lending to purchase properties. You can go for this method, or combine private loans with traditional bank financing to get the capital you need. If you have not worked with a private lender, we can help you understand what to expect when using private lending in North Carolina.  We … Continued