Simple Facts For Online Business Success
Simple facts for online business success are very easy to understand, but for many it is hard to do. Here are some of the facts for building your online business and the simple fundamentals to help you find the success online you are looking for.The simple facts for online business success begin with the obvious…know what you are doing here. There has always been something to be said for education, training and mentoring and especially when it comes to online marketing. Learning how to brand yourself and your business online is a must as there is a learning curve to all of this. Whether you are part of a Network, Multilevel or even an Affiliate program on the Internet or, whether you have a traditional business, you need to understand how the search engines truly work and how to take advantage of that. Without this basic understanding and without the willingness to educate yourself, you could find yourself with the 90+ percent that fail with their business online.Once you have chosen to get through the learning curve with training and or, mentoring, the next simple fact for success will be your WILLINGNESS. For the entrepreneur looking to build a successful business on the Internet you will need the WILLINGNESS to do the work! Yes, WORK. For those of us who have found some or great success with online marketing, we understand that this has come with not only the online marketing training, but through the willingness to do the work each and every day that is involved. Your work ethic will determine the outcome of your online business.Many are looking for a way to build their business online and for the most part, make money online, the latter is the wrong frame of mind. TRAFFIC, traffic and more traffic is the mindset here. Making money online and building a successful business online will be through WORKING for the TRAFFIC you need. Take your business online serious and you will have a serious online business…or presence.The simple facts for online business success are easy t understand, yet most fail to implement. Solid work ethic and the knowledge base through online marketing training or mentoring to help you understand what you are exactly needing to do and the how to do it. Online business success will be determined by the depth of your basic understanding of how the search engines work and the effort put forth with that knowledge.
Financing Investment Properties – Good News For the Conventional Investors!
Fannie Mae is changing their rules regarding multiple mortgages to investors in order to help jump start the housing recovery. Their current policy of financing a maximum of four investment or second home properties has been changed to five to ten for properties purchased after March 1, 2009, whether or not Fannie Mae is the investor on the borrower’s other mortgages. The following are the new eligibility requirements:Eligibility Requirements
· Limit of five to ten financed properties per borrower, with underwriting requirements including a 720 minimum credit score and 70-75% maximum LTV/CLTV/HCLTV (depending on the transaction and the type of property involved).
· Applicable to whole loan purchases or mortgaged backed securities.
· Lenders must use a special code 150 when they are delivering loans to investors or to borrowers for second home properties.Reserves Requirements and Assignment of RentsThe following are the new Fannie Mae reserve requirements for loans on investment properties and second homes to borrowers with multiple financed properties:One to four financed properties (including the subject
property):· Two months of reserves on the subject property if it is a second home,
· Six months of reserves on the subject property if it is an investment property, and
· Two months of reserves on each other financed second home or investment property.Five to ten financed properties (including the subject
property):· Two months of reserves on the subject property if it is a second home,
· Six months of reserves on the subject property if it is an investment property, and
· Six months of reserves on each other financed second home or investment property.Investment property borrowers must now execute a Multi-state 1-4 Family Rider Assignment of Rents Form 3170 authorizing the assignment of rental revenues to the lender. Fannie Mae is deleting the requirement for rent loss insurance though. For more information, visit Fannie Mae’s website.Understanding How Investment Loans Differ from Typical Mortgage LoansInvestment loans differ from a typical mortgage loan on a primary residence. Since the money will be used for investment purposes, lenders usually require a larger down payment for one thing. The interest rate is usually higher as well. Investment loans are for shorter periods of time while the monthly payments are higher, but less money is paid in interest during the term of the loan.Requirements for Conventional Investment LoansLenders require a title policy be purchased, an inspection be conducted and an appraisal be done on the property to make sure the property appraises. Every conventional lender will review the borrower’s current debt to income ratio, past credit history and ability to repay the loan.Hard Money LendersInvestor funding through hard money lenders is an alternative to obtaining traditional conventional financing for many investors these days. Hard money loans can be used for not only acquiring property but rehabbing and resale of single family homes. Hard money lenders look at the asset more than the borrower’s credit history and income so it is easier to get financing.Hard money lenders are mostly other investors who have cash and are willing to loan to you as an investor. Finding them is not that difficult. The best way to find a hard money lender is to get a referral from another investor or friend or family member. In fact, you may already have a family member that is interested in loaning to you. There are many hard money lenders that advertise on the Internet as well.
Online Health Insurance Quote – Finding Low Cost Plans
Looking to find an affordable health insurance quote online? Right now, you can get up to 5 low cost health insurance quotes within minutes. Getting competitive quotes from National insurance companies is a snap with the use of the Internet.Health Insurance PlansMany types of individual and family health insurance plans are available to those searching online. You may be surprised by the variety and affordability of the health insurance plans offered on the Internet today. Many National insurance companies now offer instant online quotes for all types of health insurance.You can get online quotes for managed health care plans such as HMOs, PPOs, and POSs. If you don’t know much about these plans, there are usually articles and information you can read at most online insurance websites. Learning about the different insurance policies is a good way to get the most coverage at the least cost.Most online health insurance plans will have an annual deductible to pay before the insurance company begins to pay. The amount of the deductible plays a large part in determining the cost of your monthly premium. Finding a plan with a higher deductible can mean a lower monthly premium for you.Online Health Insurance Quotes One of the best ways to find online health insurance quotes is to go to a free insurance quote website. There you can get competitive quotes from up to 5 health insurance providers so you can compare plans and prices. After you have your quotes, you can look more closely at the policies and decide which one is the best for you.