Secrets to Financing

Secrets to Financing

Update: 2024-12-20
Share

Description

Learn the secrets of financing investment properties in Augusta.



This class is Module 14 of 46 in a series called Real Estate Investing Secrets.



Topics covered in this module include:




  • What are the 14 financing options for buying rental properties?

  • What is PMI and why would you ever pay for insurance to protect the lender?

  • How paying the lender can improve your cash flow and how accepting a little kickback from the lender can reduce your closing costs.

  • The 5 most common loan programs for funding the purchase of your investment properties.

  • The most common loan program—don’t worry... it is also Nomad™ and house hacker approved—and the details on how to use it to buy single family homes, condos, townhomes, duplexes, triplexes and fourplexes with small down payments.

  • The best loan program for those with credit challenges, recent bankruptcies, and/or foreclosures... and how to use it to acquire rental properties—even duplexes, triplexes and fourplexes—with a small down payment.

  • The two nothing-down loan programs and the details on using them.

  • When to go to specialized portfolio lenders... and the pros and—more importantly—the cons of using these special loan programs.

  • More exotic loan programs/sources that fewer people know about and even fewer use...

  • Why it pays handsomely to plan your loans from the beginning to avoid painting yourself into a corner, living with reduced cash flow and locking yourself out of being able to access equity in your properties.

  • The recommended, preferred order of loans for Nomads™ looking to acquire a portfolio of rental properties.

  • The importance of understanding the qualification requirements of your desired loan programs... especially if you’re self-employed.

  • How your credit score impacts your ability to get loans and where to get access to your credit score... for free... to improve it and ultimately improve your cash flow.

  • A simplistic—yet effective—approach to debt-to-income to help you qualify for investor loans and reduce risk.

  • The most often requested loan docs and why/how you should keep a folder with these files at hand for getting new loans.

  • Plus much more...



Check out the video and additional resources related to Secrets to Financing.



Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Augusta real estate investor podcast? Book a free consultation to discuss.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Secrets to Financing

Secrets to Financing

James Orr