Blake Choisnet Coaching

Will 'Seasoning' Prevent Your Refinancing?

Lenders operate on risk. The lower their risk, the less they charge in interest and fees. One way they analyze risk is by looking at your financial stability.

Enter: seasoning requirements.

Lenders include these time requirements to make sure that you show a history of
creditworthiness. As you prepare for your first investment deal, keep seasoning requirements in mind.

Join me as I talk through a 'Seasoning' requirement and whether it can prevent refinancing!

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Tidal Wave of Renters and Foreclosures Coming

It's clear that COVID has altered the market substantially, and in many ways, irreversibly. We've seen the sharp decline of commercial property value, increase of remote work, and growth of tech-based companies to name a few. But, is should be know:

COVID's Biggest Impact on Real Estate is Still Ahead

With the foreclosure moratorium in place, the impacts of COVID on the residential real estate market have not been eliminated - they have simply been delayed. With the federal government attempting to give homeowners time to straighten out their financial positions, the sad reality is that many of them either can't or won't be able to adjust in time. This exposes a significant opportunity for new and experienced real estate investors alike

The Flood of Below Market Properties is Coming

Real estate investors should expect a tidal wave of below market properties and flood of renters to the market as the foreclosure moratoriums wear off. With the likelihood of the...

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The Only Options for Getting Started in Real Estate

The Only Options for Getting Started in Real Estate

If you're looking to get started in real estate, you have one decision that will significantly affect the most important results of your efforts. This one decision is a natural first step as you're working toward acquiring your first property, but it also carries with it a weight of importance because it influences such significant outcomes, like:

  • Speed - time it takes to get your first property
  • Money - the money you put into that property
  • Risk Exposure - the amount of risk you assume

Each method has its benefits and tradeoffs with correlating risks and reward. There's not a one-size-fits-all method for everyone. You have to decide what's best for you and will help you move toward your goals most effectively. For the new investor looking to get started, you need to choose your method of learning. 

There are Two Methods for Learning Real Estate

After you've determined that real estate is the...

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What is Financial Independence?

What is Financial Independence? 

There is a stark difference between those who focus on Financial Independence (FI) and those that don't. This difference isn't in lifestyle, income, possessions, or career, but rather a difference in their priorities. Those who have achieved FI (or those working toward it) have one distinct difference in their priorities from those who are not focused on FI:  

Their #1 Priority is FREEDOM

Freedom is the ability to do what you want, where you want, when you want, how you want, with whom you want. Those who value Financial Independence care about Freedom more than money and security. They know that Freedom will allow them to do what they were made to do, using their strengths, gifts, and interests in a way that is unique only to them. For some, that's starting a business or nonprofit that will impact the world, for others that's spending more time with their family and being the parent they never had, and for still others it's...

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The Most Important Book to Read This Year

The Most Influential Book on Financial Freedom

If you ask all the financially independent people you know which book had the most significant impact on their financial life, a vast majority of them would respond with the exact same book: 

Rich Dad, Poor Dad  
by Robert Kiyosaki

Why is one book so highly lauded while others barely muster a whisper? Why is one book bearing a worn out binding and pen-marked pages while others collect dust for years and years on the shelf? What makes it special?
  • Financial education they won't teach you in school 
  • How money actually works
  • How (and why) 'working hard' by itself won't lead to success

Most of us didn't have the luxury of growing up learning from someone who was financially free. In his book, Kiyosaki provides us with tips from the financial insiders that teach us the tricks of the trade. What separates the middle class and the upper class? What one major thing do rich people do differently...

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How to Buy a House for $0

"How Can I Buy a House for $0??"

I get asked this question frequently - and yet - I don't get asked this question nearly enough. Most people assume that to be a real estate investor, you have to start with lots of money. The good news:  

You don't have to be wealthy to invest in real estate.

You can invest in real estate even if weren't born with a silver spoon in your mouth. How, you ask? Here are the 6 steps to buying a house with $0.

Normally you'd need 20% down to buy an investment property. But at some point that model doesn't scale. Even if you're in a market with properties at a median price of $100,000 you would still have to come to closing with $20,000 + Closing Costs. It's far too much to build a portfolio that allows you to reach financial independence. Where do you start?

Step 1: Buy a Cheap House

Buy a distressed property that needs some work. You don't want a property that's pretty, you want a property with potential. These...
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Have You Received Your Free Gift Yet?

2021 Top Cashflow Markets

The Report is Here!

While the other reports boast of appreciating home prices and median property prices of seven figures, this report focuses exclusively on cashflow markets. Let's get real, if any list includes Austin, Portland, NYC, or San Francisco, it's not a report for cashflow. This report is the passive income investor's dream.
 
There's no other report like it.
 
Get it now. 

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