BRRRR strategy can provide passive income and a revolving method for purchasing and owning rental property. The method works through the following steps: Buy a property: The property you purchase should be a distressed property that needs some work to get […]
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Mortgage Topics
Why Consider A 1031 Tax Exchange?
When you are selling an investment property can be subject to taxation. Those taxes can add up quickly depending on the type of property, how long it was owned, state taxes, capital gains, depreciation and the owner’s tax bracket. As […]
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Inc. magazine has named Highlands Residential Mortgage, a home purchase and refinance company, to its Inc. 5000 list. In its 36th year, Inc. 5000 is known for being the most prestigious ranking of the nation’s fastest-growing private companies. “We have come […]
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Dallas Makes Rules Tougher on Landlords with New Housing Standards
Dallas leaders say renters will be less susceptible to slumlords after the City Council voted Wednesday to overhaul the city’s housing standards and require code inspections of single-family rental homes for the first time. The new minimum housing standards also […]
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What is TRID? TILA-RESPA-INTEGRATED-DISCLOSURE
For more than 30 years, Federal law has required lenders to provide two different disclosure forms to consumers applying for a mortgage. The law also has generally required two different forms at or shortly before closing on the loan. Two different Federal agencies […]
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What to Do When Your Mortgage Gets Sold
One day you may get a letter in the mail that says your mortgage has been sold. Don’t panic. You haven’t done anything wrong. But there are some things to be aware of when dealing with a new lender. Why […]
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