Gea Elika's Blog, page 54
October 17, 2022
What is a Hard Money Loan, and How Does It Work?
A hard money loan is a type of loan that provides cold, hard cash in just a few days. Such loans are typically secured through a physical asset, such as…
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October 9, 2022
Can Renting an Apartment Affect Your Credit Score?
When you decide to rent an apartment, your credit score is usually a top concern. In a time when a good credit score may make or break your ability to…
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October 7, 2022
6 Tips for Living With Roommates
Living with roommates can be tough, but when rents and property prices continue to rise, many renters turn to roommates to weather the economic storm while maintaining a decent standard…
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Should I Buy and Live in a Multi-Unit Building?
The pros and cons of living in a multi-unit building you own involve how much distance you want between your private life and your property investment. If you enjoy being…
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October 5, 2022
Top Things to Consider When Buying a Co-op
You’ll need to make considerations when buying into a co-op, no matter where you choose to live, so let’s start there. Co-op apartments are a housing type owned and operated…
The post Top Things to Consider When Buying a Co-op appeared first on ELIKA New York.
October 3, 2022
A Guide to Understanding the Loan-to-Value (LTV) Ratio
Your loan-to-value (LTV) ratio is essential when planning a home purchase or a refinance. Lenders will use this percentage to compare the value of your property against the loan amount.…
The post A Guide to Understanding the Loan-to-Value (LTV) Ratio appeared first on ELIKA New York.
September 30, 2022
A Guide to Tax Benefits for Investment Properties in NYC
Purchasing an investment property is a great way to earn passive income, especially in NYC, where the rental income can be very high. However, the high costs of buying, owning,…
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September 27, 2022
What Are the Risks of Buying a Co-Op in NYC?
Like with most investments, there are risks to buying a co-op in New York City. Co-ops are known to be governed by strict regulations, as co-op boards set policies and…
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September 26, 2022
How to Defer Capital Gains Through a 1031 Tax Exchange
Real estate investing can be a serious money maker for those who know how to play the game. Good properties appreciate over time, provide extra income and security, and allow…
The post How to Defer Capital Gains Through a 1031 Tax Exchange appeared first on ELIKA New York.
September 21, 2022
NYC Real Estate Trends and Patterns
Those considering purchasing New York real estate as an investment property or a family home should consider these patterns and trends before selecting the right property. As of the summer and…
The post NYC Real Estate Trends and Patterns appeared first on ELIKA New York.
