Unless you’re one of the lucky few that are able to pay cash for your properties, you’ll need a lender to maximize the advantage of leverage in real estate.

Please do not fall prey to using your sister’s best friend that just broke into the mortgage business (“No Experienced Required!”) or the cheesy salesman pitching “Incredibly Low Rates”. Lending is a serious business requiring serious experience. More importantly, your lender MUST be based in Texas – it’s a rule specific to Texas and as a “bricks and mortar” state, out of state lenders who claim to be able to lend here actually must use a local lender to close their deals. Castle Hill Investments, as a listing representative, does not as a rule recommend to our seller clients that they accept any offers from out of state lenders, due to the serious problems (probably 30 deals the past few years have been seriously jeopardized or terminated) we’ve had with their poor performance, delayed transactions, and ultimately – unpleasantness for all involved.

We’ll cover the types of mortgage options available to you in the next

Amy Krause with Mortgages Direct has earned our highest respect as a mortgage professional, and we recommend that all new clients speak with Amy to review their mortgage options, rates, and strategies. Not only does Amy excel with the best rates, loan programs, and customer service, she also understands investment property and strategies as an investor herself – and can provide an element to the investment experience that other mortgage brokers are unable to provide.

Amy may be reached at (512) 219-5858 or via email at amy@amykrause.com.