This guest post is courtesy of Land Line Lending. Depending on where you're at in the life of your land loan, there might be a few things that you can do to save money in the long run. The first thing you should do, which is the idea we'll explore today, is to look at your refinancing land loan options. Refinancing your loan might be an excellent way to put a little extra money in your pocket for the short term and reduce the amount of interest you pay over the life of the … [Read more...]
Property Income: Making Income on Your Land While You Aren’t Using It
This guest post is courtesy of Land Line Lending. If you have a piece of land that you aren't currently using, you may want to look for ways to make some extra income from it. While a "buy and hold" strategy is a common option, there are other ways to make money with your land without selling it. Some of these options can allow you to make passive income on a continual basis. Fortunately, we're here to help. Below we'll tell you about a few of the best ways that you can make money with … [Read more...]
How Buying Land is Different From Buying a Home
This guest post is courtesy of Land Line Lending. Land lending can be a hard nut to crack. Buying a house is relatively simple. Banks lend readily for homes because individuals and families need places to live. It's a primary mortgage and the mortgage will be paid off first in the event that the borrower defaults. Buying land isn't a necessity. Sure it's a great, low-risk investment. Of course, you can get enjoyment out of it while building memories with your family. Not to mention, it can be … [Read more...]