Investment Property Loans You’ll Wish You Knew About Sooner

Episode #943

Want to scale your real estate portfolio faster? These investment property loans can help. Most real estate investors get stuck early on in their journey. They buy some properties and build up some comfortable cash flow, but then…they can’t qualify for another loan. They’ve either reached the maximum limit on conventional mortgages OR don’t have enough income to qualify for bigger and better investments. So what do they do? Give up? Settle with a small rental portfolio? No, they use THESE investment property loans instead.

Jeff Welgan, our investor-friendly lender expert, is back to show us what we’ve been missing. From DSCR (debt service coverage ratio) loans that help you scale to more doors, to no-income-necessary investor loans that don’t look at your income, to business bank statement loans that’ll let you buy homes based on your business’s cash flow, these mortgages can help anyone in any position, purchase real estate faster.

If your DTI (debt-to-income) ratio is too high and you’re struggling to qualify for another mortgage, this is THE episode for you. We’ll discuss using your property’s rent to qualify for more, loans that get around DTI requirements, using your business to fund your deals, and the mortgages you should look into FIRST before you move on to more complex loan products. Stick around if you’re ready to scale faster!

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Real Estate Podcast 939 - BiggerNews: 100% Financing for First-Time Home Buyers is HERE w/Jeff Welgan:
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What Is Debt to Income Ratio? (DTI):
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00:00 Intro

03:20 What is DTI?

07:03 Use Rent to Qualify!

09:10 How to Qualify for More

13:07 Investment Loans You’ve Never Heard of

20:59 No Income to Qualify?

25:15 Which Loan to Choose?

[JC-quiw]

Dave puts out the best and most informative content in the BP world, hands down.

[TennisTD]

My Schedule E loses a shit ton. Write offs. Bonus depreciated a bunch as well.

[tz]

Truly awesome and not commonly known information. Looking forward to putting knowledge into action especially without a standard W-2. Thank you guys! Teresa

[sergiolauramaldonado]

Wow! Thank you for all this info! Very useful to scale!

[nicolasluu]

Surprisingly, many lenders don't know about the forecasting rental income to qualify for the purchase. Seems like they are new to the industry.

[zackgallik]

Can we get a show that focuses just on properties 4-10?

[jasonjosephlee]

Great video. Getting creative is one of the best things you can do as an investor. It pays off when you get creative.

[reyessuarez]

Please share what brokerage are doing this loans thank you!!

[eddiemalvin]

I'm curious why so many investors struggle to come up with the 15-25% down for conventional investment property loans.

Are they just starting out?

Are they seasoned investors but are running on razor thin margins with their existing properties?

Are they holding properties with healthy cash flow but just want additional leverage so they can scale more quickly?

[aprilvancleve]

Great information guys!
Jeff- how does one who has passed the NMLS Safe exam get into the mortgage/lending field, in your opinion?

[Dm]

Can I get a assest loan if I have large sum of moeny in mutual fond account?

[monkmysterio]

i have the same issue!!!! i can handle more monthly payments and just scratch my head when i get rejected.

[stuartpenman]

At 9:32 you mention 10% down on an str strategy loan but not via a vacation loan. Can you clarify what loan product that is.thats exactly what I need to scale faster.

[lawnbear]

Debt to income?
Crazy! This whole time i thought DTI stood for down to intercourse...

[yoshisaidit]

I need to buy property. I need more space for my businesses.
I have a house I pay 1k/m but will rent out for 1700.
My idea is to sell the house to buy the property.
Would there be a way to keep the house and buy the property at the same time?

[Moving.To.Charleston]

@jeffthemortgageexpert thanks for this valuable information ℹ️ it’s interesting to learn about the different types of funding opportunities!