Rodney Cantrell’s Blog
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Brought to you by The Cantrell Team | Why Florida Is a Prime Spot for Real Estate Investing
Florida offers an excellent rent-to-income ratio of 16%, making it a lucrative place for Real Estate investment. The state boasts a strong economy and increasing population, factors that bode well for property appreciation. Florida ranks fifth lowest in overall tax burden among U.S. states, an added advantage for investors concerned about operational costs.
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USDA Has a Home Loan Program
The USDA Loan, also known as the Meat Loan, is a rural housing guaranteed loan program that offers a number of benefits compared to the FHA loan program. These benefits include no down payment required, nominal mortgage insurance, and a standard 30-year fixed term. For a 7.50% rate, the USDA loan saves 0.75% off the…