Financing 101 – 2016 Edition

How do you finance buying your investment properties?

In this class you'll learn:

  • Why invest in real estate?
  • How do you overcome fear?
  • Real estate is said to be the IDEAL investment (income, depreciation, equity build up, appreciation and leverage)
  • Comparing an early version of the Return on Investment Quadrants™ for the same property without leverage, with leverage and with Nomad™ leverage
  • Nothing down loan programs we can use in our current market
  • The what, how and when of 3.5% down payment FHA financing (for investors)
  • Conventional financing - the financing we can come back to many times as we acquire more properties
  • The pros and cons of portfolio lenders and portfolio financing
  • Commercial financing - a necessary evil for some types of deals and why you should avoid it on other deals
  • A brief discussion of financing your acquisitions with private money, hard money and partnerships
  • A discussion of Home Equity Lines of Credit (HELOCs), owner financing, all cash purchases and using life insurance, retirement accounts to purchase properties
  • Loan planning... the surprisingly difficult puzzle of which loan to do first, second, etc.
  • Preparing for financing... getting your financial house in order
  • Finding a lender and lender interview questions
  • Tips for applying for loans
  • What financing work you'll need to have done prior to looking at properties
  • Plus much more...

Duration: 1 hours and 18 minutes
Recorded: January 13, 2016
Instructor: James Orr