Secrets to Financing
Learn the secrets to financing investment properties.
Learn the secrets of financing investment properties in Lincoln.
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.
Looking to buy or sell property in Lincoln, NE? Call Jake Grenemeier of Clover Real Estate Services with Next Home Integrity at (402) 302-0088. Or, check out his website at www.Clover.RealEstate or email him at Jake@Clover.RealEstate. Jake specializes in helping real estate investors in and around Lincoln.