Finance Your Hawaii Home Purchase

Waikiki-Beach-Hawaii

There are basically three ways to finance your Hawaii home. The first and most popular is obtaining a mortgage loan from a broker or lender. The second way to finance your Hawaii home is through seller financing. And the third method of buying your home is paying cash. Let’s look at each of these methods.

The most popular method for financing your Hawaii home purchase is through lender financing. You can obtain this mortgage loan directly through the lender themselves or through a mortgage broker. There are advantages and disadvantages to using each. By using a mortgage broker you will be able to gain access to numerous lenders/investors all wanting to purchase your mortgage from the broker...

Read More

Buying Investment Property in Hawaii

oahu-house-rental-lanikea-exterior-deck-full

Buying an investment property can be a daunting task for anyone, including a seasoned investor. Imagine how hard it would be for a novice investor. Buying an investment property here in Hawaii can be even tougher due to our tight real estate market and higher prices. But with higher prices come a few rewards. More on this later.

When you get ready to buy your first investment home you need to determine if you want to wholesale the property, flip the property, or keep it for long term rental income. It really all comes down to money and how you want to make it. If you just want to make a quick buck then wholesaling is your strategy. If you have the money or the investors to back you up then buying, fixing up and flipping is what you want...

Read More