Download this podcast (right click)
Investment property financing options are plentiful and quite confusing. How does a beginning real estate investor know which financing method is best for any given situation? This podcast provides the answer. We’ve discussed the steps required to repair your credit in earlier posts. The next logical step is to use your shiny new credit score to get financing for your investment property. In this episode, Ronnie talks about the various investment property financing options, and how to use them successfully in your real estate investing business.
Loading ...
{ 1 comment… read it below or add one }
First off I found you on youtube and think your site and the information you provide is terrific! I’m a beginning investor and have been researching hard money lenders to get started, so I have a 2 part question. I see most hard money lenders lend up to 70-75% of the repaired value with good credit. My question is are hard money lenders more apt to work with less than stellar credit if the deal provides a nicer spread say you only need 50% of the repaired value to purchase and repair? Second question is how difficult is it to refinance an investment property? What kind of DTI’s do they look for? Does your credit have be excellent? Does the property have to be generating income already?
{ 1 trackback }