Secrets to Financing

In this module (14 of 46 in the Real Estate Investing Secrets course), you will learn:

• 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, much more…

Secrets to Financing

Here are the slides from the presentation for your convenience…