Discover How To Buy Unlimited Rental Properties
In this episode, the host discusses how to help investor clients purchase unlimited rental properties. He explains the different types of lenders, including A lenders, B lenders, commercial lenders, and private lenders. He also discusses the challenges of financing rental properties and provides strategies for maximizing borrowing capacity. The host emphasizes the importance of working with a mortgage broker and highlights the benefits of commercial lending. He concludes by inviting listeners to join the real estate investor hub for additional resources and support.
Takeaways
- (00:00) - Introduction and Show Goal
- (01:52) - The Challenge of Financing Rental Properties
- (06:43) - Debt Ratios and Borrowing Capacity
- (09:40) - Lenders Using 80-100% of Rental Income
- (14:01) - Benefits of Commercial Lending
- (18:42) - Invitation to Join the Real Estate Investor Hub
If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.
Takeaways
- There are different types of lenders for financing rental properties, including A lenders, B lenders, commercial lenders, and private lenders.
- A lenders, such as major banks and credit unions, typically use 50% of the rental income and have government guidelines for debt ratios.
- B lenders and private lenders offer higher debt ratios and can be options when traditional lenders are maxed out.
- Commercial lenders evaluate applications based on the property's cashflow and can offer more flexibility and better rates.
- Working with a mortgage broker can help maximize borrowing capacity and navigate the different types of lenders.
- Joining the real estate investor hub provides access to resources, courses, networking opportunities, and support for real estate investing.
If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.