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Westpark Loans
6789 Quail Hill Pkwy #146
Irvine, CA 92603
p: 844-574-LOAN (5626)
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04 May How to Allocate Your Time as a Real Estate Investor

It may be a cliché, but the phrase "time is money" is true, especially in the field of real estate investing. Despite the lengthy process of buying and selling property, the faster you can move things along, the better.   If you've ever felt as though you'd benefit from less sleep and more time to work, you're probably familiar with the troublesome quest for effective organization. The advantages of speed in business are well-known, but time management is one of those skills that's easier in theory than in practice. Adequately allocating time is extremely challenging, especially for active professionals with a long...

30 Mar 6 Keys to Negotiating Real Estate Investment Properties

The purchase and sale processes are critical parts of investing in real estate, especially as your objectives as an investor grow and change. Your changing objectives may lead to the decision to sell existing properties that no longer meet your criteria and/or purchase additional properties that do meet those criteria.   For many investors, the first few transactions can be a lesson in endurance, confidence, and assertiveness. Without the right perspective and an understanding of how to maximize value, you may forgo potential profits. With practice, the process becomes easier, and every transaction becomes a new attempt to negotiate your way to...

02 Mar 6 Steps to Closing Real Estate Transactions

Real estate is a compelling opportunity for savvy investors just like yourself. A great real estate portfolio has the potential for growth, flexibility, and stability, providing a hedge against the movements within the stock market.   Many investors only think about the financial implications of holding property, but negotiation and sales tactics can make or break a transaction and even eager buyers will balk when a seller can't sell with confidence. With these six steps to closing real estate deals, however, you can increase your chances of a successful sale, no matter what you have on the market.   Do Your Research You...

02 Feb Using an All In One Loan to Reduce Total Interest Expense

Finding a property to purchase is a big undertaking. From determining your list of requirements to working with a realtor and touring one building after another, every step you take will be tailored to your particular situation. Financing, of course, is no exception.   Unless you're among the small minority of real estate buyers who can finance an entire investment in cash, an outside lender is generally going to be a must-have in order to close on a transaction. However, not all lenders and lending situations are made equal. Some buyers prefer a conventional mortgage from a bank or broker, while others...

29 Sep Explanation of the Real Estate Purchase Process

Buying a property is an extensive process that entails many steps, from your first visit to getting the keys. To help you along the way, you need to understand what the purchasing process involves and how it applies to your individual situation. Once you have that information, you can smoothly proceed to closing on your purchase.   Getting Approved for a Loan   Before you start working with a real estate agent or Realtor, be sure to get pre-approved by a mortgage broker or banker.  The pre-approval will help you confirm your targeted price range, proactively address any potential lender concerns, and help give...

01 Sep Tips to Improve Your Credit Score Before You Finance an Investment Property

Credit scores are vital when it comes to obtaining long-term real estate financing, because your credit score indicates to potential lenders your willingness and ability to pay your debt obligations. Oftentimes, people do not think about their credit score until they get turned down for a loan. Although the damage may already be done by that time, there are actions you can take to proactively help improve your credit score quickly and easily for both the immediate term and the long run.   Pay attention to the balances on your credit cards. The balance on credit cards matters, even if you pay them...

11 Aug How Are Successful Real Estate Investors Benefiting from the Housing Recovery?

Summary Successful real estate investors are benefiting from the real estate recovery in several ways.  Whether it is by leveraging their experience and resources, securing their financing, taking advantage of today’s stricter lending guidelines, or capitalizing on inflationary conditions, real estate investing is proving to continue to be a very attractive financial vehicle for cash flow.   Leverage Your Experience and Resources The housing market has been on a continued up-swing. For example, CoreLogic reports that the number of houses sold in February was up by 9 percent when compared to last year, and that home prices had risen for 47 months in a...

24 Jun 5 Questions to Ask for Finding the Right Title Company

Purchasing a home is a major investment. It isn't one that you should take lightly. There are a lot of different steps involved in purchasing a home, one of which is choosing a title company. While many real estate agents will try to offer their help by referring home buyers to title companies, as a consumer you are ultimately the one who has to make the final decision in determining your title company. You also have to remember that there is a lot more involved in choosing a title company than how much they are going to charge you for...