We have to talk about it - one of the biggest misconceptions new investors have about funding their first (or next) property. Can you still get a loan if your Debt-to-Income ratio (DTI) is too high? What if you're self-employed or 1009'd? Do you HAVE to have a W2 to get a loan?
In this video, I discuss the two major types of loans and how to fund your next deal even if you're self-employed, 1099'd, or have a high DTI. Learn how to get unlimited money for your future deals - no matter your DTI position!
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:
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.
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...
50% Complete