Scott Gibson

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So far Scott Gibson has created 6 blog entries.

The Ultimate Guide to House Flipping Costs

In this article Understanding how much it costs to flip a house is key to successful real estate investing. Basic house flipping costs involve the purchase price, holding costs, renovation costs, and selling fees. A clear understanding of the cost components is crucial for ensuring your house flipping is a lucrative investment strategy. Otherwise, your

By |2023-11-30T08:51:13-08:00November 29th, 2023|Industry News|

Understanding Debt-to-Income Ratio

In this article Understanding your debt-to-income (DTI) ratio is crucial for making wise investment decisions. Your DTI impacts your ability to qualify for loans, lock in low interest rates, and take advantage of the best financial deals. A high DTI ratio means you are carrying a lot of debt and are a potential risk to

By |2023-11-10T08:50:46-08:00November 9th, 2023|Industry News|

Understanding APR on Loans

In this article The APR (annual percentage rate) on a loan is the total cost of borrowing money. Understanding APR is crucial when applying for a mortgage, personal loan, credit card, or real estate loan. The percentage amount greatly impacts the total cost of your loan. Therefore, comparing APRs is the most effective method to

By |2023-10-31T09:52:39-07:00October 30th, 2023|Industry News|

Understanding Leverage in Real Estate

In this article Do you want to maximize real estate investment returns, diversify your portfolio, and build wealth? The secret is to use leverage in real estate investing.  Leverage is a valuable tool that uses other people’s money to buy property. This strategy allows you to find more lucrative investment opportunities while protecting your liquid

By |2023-10-28T09:51:16-07:00October 26th, 2023|Industry News|

What Is a Jumbo Loan: Everything Investors Need To Know

In this article A jumbo loan is a type of mortgage used to finance real estate that exceeds traditional conforming loan limits. Also called a jumbo mortgage, jumbo loan limits are higher than those set by the Federal Housing Finance Agency (FHFA). Therefore, jumbo loans are popular with investors purchasing higher-priced properties or homes in

By |2023-09-22T09:51:21-07:00September 22nd, 2023|Industry News|
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