Seattle, WA
About Seattle, WA Welcome to Seattle, the land of fishmongers, stellar views of Mount Rainier, Bill Gates, coffee, and the grunge scene of the 90s. Seattle is full of natural beauty, fantastic colleges and universities, …
Austin, TX
About Austin, Texas There are very few places more exciting to be than Austin, Texas. In recent years, Austin welcomed a new batch of fresh blood that is elevating the already eclectic and exciting energy …
Total Debt Ratio
What is the total debt ratio? Total debt ratio is a metric for calculating the percentage of assets financed by debt. Real estate investors can use this calculation to determine their liabilities and figure out whether their debts …
Self-Directed IRA
What is a self-directed IRA? A self-directed IRA (SDIRA) is a retirement account that allows you to invest in assets other than stocks and bonds. With an SDIRA, you have total control over your investments, …
Real Estate Owned
What is real estate owned? Real estate-owned property, or REO for short, is a term used to describe foreclosed property owned by a bank or lending institution. This type of property can be appealing to …
Discount Rate
What is the discount rate? In the financial realm, the term discount rate refers to one of two things: The first is the interest rate charged when banks take out short-term loans from the Federal …
What Is Wire Fraud?
If you’re old enough to remember the dawn of Gmail, you probably were at one point offered vast sums of money by a prince in a distant land. These emails were an early version of …
Dividend
What is a dividend? A dividend is a payment of some portion of a company’s earnings to its shareholders. It usually takes the form of cash payment, but it can also be made in additional …
Earnest Money
What is earnest money? Earnest money is used by homebuyers to show the seller they’re serious about buying their home. It’s put down before closing and is also commonly referred to as a “good faith …
DTI
What is DTI? DTI stands for debt-to-income and is a term used to describe the percentage of your monthly income before taxes that goes toward paying any debts. DTI is used in determining credit scores …
