Tiny Houses Evolving into Bed and Breakfast Biz

Breaking treehugger.com news from the rapidly growing movement towards tiny houses is this custom built house from Nashville. The 185 square ft. home uses a restored trailer, and the windows were sourced from the local Habitat Restore.

The owners reportedly built this small home as a way to generate extra income (they are currently renting it out on AirBnB), but plan to live in it in the future.

A Snapshot of Homebuyers

Serious Investors Still Flip for Flipping

Despite steadily rising rents, experienced investors still prefer fixing and flipping houses as opposed to buying a house for the purpose of renting it out, according a new report from Auction.com.

 The results come courtesy of Auction.com’s February 2015 Real Estate Investor Activity Report, a nationwide survey of real estate investors bidding on properties offered for auction during the period.

According to Auction.com’s survey, 57.3% of respondents who identified as full-time “real estate investors” are looking to flip a property, compared to 41.5% that are buying to rent.

On the other hand, survey respondents who said that they were just making a “one-time purchase” were much more likely to be buying to rent (64.5%) than buying to flip (34.6%).
More details via Housingwire:

The Difference an Hour Makes

Understanding Points In A Home Mortgage Loan - When Is It Best To Use Them?

When determining the best interest rate option to choose, when doing a refinance or buying a new home, there are essentially 3 options that one should consider in order to come up with the best strategy for your loan situation.

• PAY POINTS AND LOWER THE INTEREST RATE
• GET THE BEST INTEREST RATE WITH NO POINTS ADDED
• PAY A HIGHER INTEREST RATE AND PAY NO CLOSING COSTS  

Dan White has given us a breakdown of the advantages and disadvantages of each scenario.