Jason Dodge offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: Why the Goal to Refinance Investment Property Is a Good Thing Author: Jason Dodge Category: Investing, Buying, Wealth Building Word Count: 633 Keywords: buying investment properties,Refinance Investment Property, refinancing Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
The main goal is to adequately refinance investment property and we all know this can be tricky at first but with a few key tips, it will be as easy as the first mortgage or loan. Any time an investor needs to finance an investment property they go to the bank or another lending institution. The problem comes, and the issues arise, when that same property needs to be refinanced. Refinancing investment properties can be tricky at first but with a few key tips, it will be as easy as the first mortgage or loan. You found the property, you financed the property, now it is time to refinance the property and claim some of the sweat equity you put into it for so many years, or maybe only a few months or a day, it does not matter, it is your money and you need to have access to it. Refinancing investment property is one of the best ways to get access to cash and in a relatively quick method. The refinancing investment property world is one that is full of opportunities and pitfalls. Commonly referred to as a refi, the refinancing of investment property issue can lead to a justification of higher rental leases. In many cases, the basic need to refinance investment property is much better than actually going out and trying to sell the asset outright, there are tax liability issues to think of and also the maintenance upkeep of the property. Many investors who go out and do try to sell the property as is, find out the world of the construction worker is not their cup of tea. The world of the investment property guru is full of questions. There are certain landmark decisions that must be made and also conquered, if the investment is to pan out in the future. If a rental asset is really a dog, and not too many renters are knocking on your door to occupy the unit, refinancing that said unit is an option. The liability that is endeared to being able to refinance investment property is one that needs to be looked at in great detail. Many banks and lenders are open to the refinance investment property option as long as they know that the collateral is in decent shape and that it has the opportunity to be either sold in the future or rented out immediately. All a refinance is, is transitioning from a property that is not making money to a property that can be making money or will be making money in the future. The end result of any project that includes a refinance of investment property is one that is left up to both the buyer and the seller; both have high stakes in the deal. When considering the after affects of a refi, one has to understand that money is the driving force. Without the refinancing for the refi, the refi itself cannot exist. An example of this is in good economic times what will happen is that people tend to want to buy homes instead of rent homes that just make good economic sense. This of course is not the case in 2009, where people are losing their homes at a rate that has been unparalleled since the great depression era of the 1930s. Now, renters, temporary renters at best, see the opportunity to short term rented livable housing units as a viable option. Families are being uprooted; relocation is part of life in 2009 in America and in the world today. The goal of any good venture into the realm of a refinance investment property option is that the agreement is a great relaease-valve for trapped investors and also leads to better things for families on the move. Jason Dodge has been investing in real estate since the early 90's. He specializes in getting money for investing and recommend the free training at http://www.InvestSteps.com ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
