Mon, 20 February 2017
Jason details an exclusive new financing option for income property investors which is now available as it has never been a better time to lock in a rate. Trump, the first real estate president, may be good for business but he will usher in inflation and rising interest rates. Also, Joe describes the changes Fannie Mae recently announced. They are now allowing investors to put 20% down on their first 10 properties, but with caveats. The important thing to remember is that once you own the property you have options.
[3:03] Details for the next Venture Alliance Mastermind in Las Vegas.
[5:02] An exclusive financing offer for income property investors.
[8:02] Owning the paper and being the lender is Jason’s second favorite asset.
[17:07] When you are a real estate investor your tenant is your customer.
[18:01] Jawad Mian writes “Check your biases at the door; Trump is good for business.”
[21:44] Vancouver, British Columbia is experiencing a bubble, sales have plummeted by 40%.
[26:15] Fannie Mae allows borrowers to put 20% down or the first 10 properties.
[28:28] Interest rates are rising so lock the rate on your property rate now.
[33:22] 85-90 days in the maximum time to lock in a rate.
[34:53] Joe explains loan level price adjustments to rate.
[37:07] The Trump administration may replace the head of the Consumer Financial Protection Bureau.
[42:00] The ease or difficulty of qualifying for a loan.
Mentioned in This Episode:
Direct download: CW_794_Better_Financing_Swanky_New_Fannie_Mae_Rules_Make_Give_You_More_Leverage.mp3
Category:general -- posted at: 8:53pm EDT