Commercial Real Estate Loans in Miami
Did you know that Miami has the second largest Real Estate industry in the southeastern US? Making it the eighth largest in the entire country.
Incredible true? Mortgage Loans for Refinancing in Miami
In just ten years, Miami Real Estate investment has experienced a cumulative appreciation of 23.7%, placing it among the top 30% of cities in the United States.
That is about 2% growth each year. https://www.fanniemae.com/
In fact, Zillow predicts there will be a 3.91% increase in Miami home values before the end of 2021. Which is great news for Real Estate investors. Additionally, in 2019 alone, property values increased by 7.73%, which was higher than nearly 83% of all cities and towns in the US alone.
Why? Mortgage Loans in Miami Florida
Well, unlike most places, Real Estate Investing in Miami has a proven reputation for consistency. For the past 10 years, the Miami Real Estate appreciation rate has been consistently above average. Additionally, Zillow.com reports that Miami property values have appreciated + 4% over the past 5 years.
7 Reasons Why You Should Invest in Miami Real Estate:
1- The ROI for property owners and investors is impressive.
2- Tenants form a large percentage of the population.
3- Miami is very friendly with the owners.
4- The tourism industry is booming.
5- There is a strong labor market.
6- Miami has beautiful white sand beaches.
7- There is a strong international market.
If you are looking in Miami for your Real Estate investments, Jose Diaz can help you with everything you need about how, when and in what is best for you to invest. Loan officer in Miami
The interests right now are the lowest in the last 40 years. Refinancing your mortgage can be a smart decision, here are the 5 Reasons why Refinancing would be a smart decision:
✅ You will lower the interest rate. Real Estate Investment Loans in Miami
✅ You will be able to reduce your monthly payment.
✅ You can get cash according to the Equity of your house.
✅ You will switch to a better mortgage program.
✅ You will be able to consolidate all the debts into one.
🎁 If you are interested, call me or write to my email and you will get a totally Financial Advice 𝗚𝗥𝗔𝗧𝗜𝗦!
If you are waiting to have 20% to buy a property perhaps you should reconsider. It is a common misconception that you HAVE to put 20% down to buy a home. IT IS NOT LIKE THIS!
When people make an initial downpayment of 20%, it is generally a Conventional mortgage to eliminate the "Private Mortgage Insurance" or PMI, as it is commonly known. This is a small portion of the monthly payment that will be eliminated when the property has 20% equity.
Instead of putting 20%, there are Conventional programs like "HomePossible" or "HomeReady", which if they qualify, drastically reduce your PMI.
Try to have as high a credit as possible, this will also help reduce the cost of PMI.
Do you want to buy your First House? I tell you that the first buyers can obtain the lowest fixed-term interest, with the lowest downpayment in the market.
Contact us for a suitable consultation on Real Estate investments in the city of Miami. Multi-family properties
📲 +1 (480) 707-9910
Comments