Home equity line for real estate investing?

By Doc Schmyz

For the last few years the "home equity line of credit" has gotten a lot of attention.

Home equity is the value of your home minus the remaining mortgage balance which is outstanding. While you live,and sleep in your home worrying about debts or wishing you could refurnish the living room you may be sitting on the cash that will grant your wishes.

Why Would You Want an Equity Line of Credit?

With a normal loan, which deposits a set amount of money in your account and begins charging you interest and payments at a fixed rate until repaid, a line of credit acts sort of like a credit card account. You do not need to pay interest on the full amount you have access to -- only on the amount you have used. (And in some cases you then have access to the account again.)

When using an equity line of credit (also known as a HELOC) it gives you greater flexibility with the least cost. Not only can you access the credit only as you need it,your monthly payments will reflect only the balanced used. Some lines of credit have only the interest as the minimum payment which can be helpful when finances are tight. In some case you even have an option of paying just the intrest on the amounts used for a specific span of time.

A HELOC is a great his if you don't want to spend a large amount in one place..as well as if you want access to that credit agian, once it has been repaid, without asking for another loan.

What Can I Use the Equity Line of Credit For?

While you can no doubt find numerous uses for your line of credit, here are samples of the more common reasons for obtaining an equity line of credit.

Consolidate Debts

Consolidate or wipe out some of your other bills/debts completely. Not only does this make your monthly breathing room a bit wider...but in the long run it will help your credit score and interest rates that are offered to you on other loans as well.

Second Mortgage

Use your line of credit to pay off the existing mortgage for better interest rates.

Add too, remodel, or travel.

Cover the cost of an addition, redecorate, or go on a trip...all at a interest rate lower then most credit cards.

When Should You NOT Use a Line of Credit?

Now it isn't just 'easy money'. It does have risk to it.

Some types of debt wont allow you to use a HELOC on them. Some student loans...or small business loans.

Other items like cars and vacations may seem like a good idea to buy with your home equity line of credit, but with the ability to pay only the interest you may find the motivation to pay off the debt is lacking and end up owing for items that have lost their value or were consumable. Plan to pay off the debt quickly for the most advantage.

A Second mortgage (or refinancing) may or may not be a good idea depending on interest rates and your repayment terms. While lines of credit take advantage of current low interest rates you may find that your regular loans protect you better from fluctuating rates if you will not be paying the loan down in the next few years.

We all understand the freedom and relief that comes from having access to extra funds. For both those emergencies, as well as last minute purchases. However its important to understand the risks as well as benefits.

About the Author:

Doc Schmyz has invested all over the US. He built a free free website shares Real estate investing information for all over the US. Find Real estate investing information by state

Riding the Waves of Hawaii

By Qandishah Brown

Surely there is only one thing that you think of every time someone mentions Hawaii. It certainly does remind you of paradise. The sun, the sand and the beach bring about relaxing thoughts. It doesn't matter that you are just in a different state, being in Hawaii makes you feel like you are in a different place all together. It's isn't unlikely that you'll find yourself sitting at a luau or dancing around with a lei and grass skirt.

With its great beaches Hawaii has become one of the best vacation spots around. This is not the only thing that Hawaii has to boast of. Its waves are among the best that you can surf. There are more than a dozen surf spots that you can try out in Hawaii. Both adults and children alike love to spend their time riding the waves. As a matter of fact surfing finds its roots from Polynesian and Hawaiian ancestors.

Surfing has become far more than just something to pass time by or a sport for Hawaiians. It is a way of life. This is something that unifies the people, no matter what status in life they hold. Rich or poor, old or young everybody enjoys riding the waves and feeling stoked. There is no other way to describe this natural high that you get riding the waves of Hawaii.

Surfing has become so celebrated in Hawaii that they even have festivals to celebrate it. There are surf meets and parties where people can come together to do that ne thing they love the most- surf. These are not the only types of festivals that you will find in Hawaii. Craft festivals and fairs are just as abundant. Here you will find an array of handicrafts ranging from small items to big items.

Craft fairs, shows and festivals in Hawaii can certainly add an interesting spice to being in Hawaii. These events are not limited to those who constantly participate in these events. There are numerous people who wish to join such things and it is open to everyone. It can be a good chance to make some money while sharing with others the things that you make.

About the Author:

Dont be caught stoked and broke in Hawaii. Get smart and start joining festivals Hawaii to make sure that you earn some extra cash on the side. Festivals HI will provide you with the right opportunity to sell the things that you make.

The Top 3 Niches for Internet Marketers

By Ryan Shinglebaum

Beginners in internet marketing spend a lot of time trying to figure out which niche they want to target initially. The debate about whether they should pick a small niche that no one has thought of yet and do well with it. You can also go with a niche that has guarenteed customers, and is always in demand.

In the internet marketing world, these niches are deemed to be "evergreen niches." Since these niches are centered around solving problems people have, there will always be customers with these problems. Having a strong customer base is important, and so picking an evergreen niche ensures you'll have customers.

Relationships/Love: This general marketing niche has tons of minor niches that are under the "relationships" banner. Introductions to dating and dating tips are always a solid market. Then there's weddings, such as bridal showers, the actual wedding, and honeymoon planning. You can also provide advice for failing marriages, and even assist people with divorce tips.

There are tons of other ideas for niches in the relationships category. Since humans will always have problems in relationships, you can provide the solution and get paid to do so! Just learn about a problem, write a solution, and sell the solution, and you're set.

Making More Money: Getting more money is always a goal people have, especially in times of recession. If you can market ways for people to make more money, then you can have some success. Also, not simply making more money, but also helping people who are in debt and other financial problems can be a huge market.

Health: There are two great reasons that health niches do very well. One of those reasons is the amount of niches availabl to tackle. Any health problem is a potential niche. Another reason is that the affiliate programs for health products pay very, very well. AdSense clicks pay well for health terms also.

Weight loss is a very popular niche year round, within the health niche. Its popular after the New Year for everyone's resolutions. Its popular leading up to the summer to look good for the summer. Lastly, its popular because people want to look good for the holidays.

If you pick one of these three niches, you'll have plenty of potential buyers. Do some good keyword research and dive on in. These niches will be around for a very long time, so cash in on these niches now.

About the Author:

This article was created to help jump start your internet Niche Marketing and guide you on your way to making money online. Once you understand the concepts, ie: How to Choose your Niche Market, you'll be on your way to success. Start simple and as you work on it you'll be amazed by your progress.