Blog - Craig Franek

Buyer, Financing

Non-Traditional Financing: Debt Service Coverage Ratio Loan

Are you a real estate investor looking to add properties or a person wanting to become a real estate investor? Do you have at least 20% for a down payment? The Debt Service Coverage Ratio (DSCR) loan may be the perfect option in either case to help you acquire your next property. This is a […]
Home Improvement, Market Trends, Newsletters

Monthly Newsletter – June 2022

Housing Market Still Favors Sellers–but is that Set to Change? Ever since interest rates decreased at the beginning of the pandemic, the real estate market throughout most of the country has heavily favored sellers. When interest rates decrease, more buyers enter the market to secure mortgage loans with low interest rates. High buyer demand means […]
Buyer, Financing

Non-Traditional Financing: No Ratio Loan

Do you have cash, but maybe not a recurring paycheck? In the second follow-up to, Non-Traditional, Very Useful, Financing Options!, I will explore the mortgage that might be a perfect fit for you. Here are a few example situations where the No Ratio Loan could help you purchase a house: Were you a stay-at-home partner […]
Buyer, Financing, Seller

Non-Traditional Financing: Cross-Collateral Loans

In the first follow-up to, Non-Traditional, Very Useful, Financing Options!, I will ask you this question; “Ever been in a situation where you?” Fell in love with a property, but were nowhere near ready to sell your home where all your equity is? Wanted to keep your existing home as a rental after you moved? […]