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PhREI Network Roundup 5-5-22: How to Transform Your Home From a Liability Into an Asset

As you know, as part of the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!

PhREI Network

Carpe Diem MD

Ian Cook of CarpeDiem MD discusses how to finance your short-term rental property. He suggests 10% down, and goes over conforming versus non-conforming loans. He details Freddie Mac and Fannie Mae second home eligibility requirements as well. There’s a lot of good information in this post that will help you learn more about financing in general, and especially when it comes to second home-buying.

Financing Your Short-Term Rental (Airbnb/VRBO)

The Darwinian Doctor

Daniel Shin of the Darwinian Doctor offers ways to transform your home from a liability into an asset. He brings up a valid point: your home is taking money out of your pocket each month, year, etc. So, how do you MAKE money on your home? Read along to find out!

How to Transform Your Home From a Liability Into an Asset

The Prudent Plastic Surgeon

One of the worst feelings in real estate investing (and in general) is when your real estate offer on an amazing property doesn’t get accepted. So, here’s 3 ways to strengthen your offer:

  1. “Lock it up”;
  2. Modify the inspection contingency; and
  3. A healthy earnest money deposit in escrow.

3 Ways to Strengthen Your Real Estate Offer

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    The Prudent Plastic Surgeon

    Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. See how he went from financially clueless to increasing his net worth by $1M in 1 year and how you can do the same! Feel free to send Jordan a message at [email protected]

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