CW 599 - Document Free Investment Property Financing with Jeff Ball

Today’s motivational speakers tend to focus on the mechanical keys to success and forget about the bigger picture of the context behind the content. True philosophers understand what drives humans to succeed and the beauty of being grateful for they have.

 

And in the interview, Finding an alternative to a traditional bank loans may not be as hard as you think. In addition to hard money lenders, financing companies such as Visio Financial offer short and medium term limits with significant interest rates. They offer no document loans which simply require a credit score to secure financing. The higher your score, the lower the rate.

 

Key Takeaways:

 

Jason’s Editorial:

[1:38] The concept of gratitude is a philosophical key to success

[6:40] An experience in Africa reflects the human ability to be grateful for what you DO have

[8:17] Poem excerpts from Og Mandino

[10:21] Jason’s crystal ball says…Warren Beatty is vain and Bitcoin funds terrorism

[13:24] The ultimate investing equation

[14:50] Meet the Masters of Income Property in January & the Dubai Venture Alliance trip

[15:32] A killer messaging app - Send us Voxer message

 

Jeff Ball Guest Interview:

 

[19:35] We started out as a captive lender then extended into government sponsored loans

[21:03] Our products family includes interest only and medium-term financing, all document free

[23:20] We offer loans to investors who have reached their Fannie limit 

[26:31] Buy and hold financing at 12% on a 3-year balloon, 65% LTV

[28:17] What about Dodd-Frank compliance?

[30:01] We have multiple sources of capital which include banks and credit funds

[31:18] The higher your credit score the lower your interest

[31:53] Bridge financing is an interest only product option

[33:04] An innovative example of a way to use our products

[34:50] Go to our website and tell us what you want and get immediate pricing

[35:41] Jeff’s overall view on the economy

[38:24] What is the margin of error in flipping?

[40:31] While it may be a good time to be a landlord, it may be hard to find good rental properties

[41:31] Moving doesn’t make sense to people with great mortgages

[44:48] Our annual survey is available on our website

 

Mentions:

Mission Success! - Og Mandino

Good to Great - Jim Collins

Venture Alliance Mastermind

Voxer - contact Jason with your questions at jhart88

Visio Financial Services

Econohomes