Andrew T. McKinney, RA

Helpful Info > Useful Links

Hawaii Real Estate Investors (HiREI)
We are an affiliation of investors ranging from beginners to advanced; part-time enthusiasts to full-time professionals. Our purpose is to create an environment that fosters ethical investing, great networking, and learning in topics such as locating, buying, financing, renting, managing, maintaining, selling, and /or exchanging real estate for investment purposes.

Calculators and Tools
Use these tools to see how your dreams will come true.

Due-On-Sale Clauses
The "due on sale" clause is probably the most talked about, most feared, and most misunderstood topic in real estate investing.

Fee Simple
This type of ownership is the maximum interest a person can have in a piece of real estate. It entitles the owner to use the property in any manner they see fit, in accordance with state and local laws.

Leasehold
An arrangement where the borrower does not own a specific piece of property, but possesses a long-term lease. This is common in Hawaii.

Should you pay off your mortgage? Maybe not!
Your great-Uncle Jack, inventor of the left-handed monkey wrench, left you $250,000. You can either invest it or pay off your mortgage. Which is better?

How does a Home Mortgage Work?
The American dream is the belief that, through hard work, courage, and determination, each individual can achieve financial prosperity. The core of this dream is based on owning a home. A mortgage loan is simply a long-term loan given by a bank or other lending institution that is secured by a specific piece of real estate.

Who should get an interest-only mortgage?
Interest-only mortgages are pushed aggressively nowadays by lenders and brokers, but they're not for everyone. With an interest-only mortgage loan, you pay only the interest on the mortgage in monthly payments for a fixed term.

The Mortgage Process
Here is a checklist of items you ll need to have to complete the mortgage process: Pre-Qualification, Obtaining a Loan, Secure Your Rate, Loan Approval, The Closing, After Closing.

Why Use a Realtor?
Whether you're buying or selling a home, your REALTOR can help make your real estate transaction a successful one. They are with you every step of the way throughout the transaction from start to finish.