28 June 2023 | 9 replies
They use rents, your credit score and the down payment (if a purchase) to structure the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
2 May 2019 | 5 replies
This will supercharge your learning curve!
10 August 2023 | 5 replies
You should only start a career in a real estate related field if that's what you want to do - not because you think it will supercharge being an investor.
21 January 2015 | 12 replies
You've definitely come to the right place to supercharge your real estate investing venture.
26 June 2024 | 32 replies
If you can find cosmetic only rehabs you can really super charge it.
2 September 2013 | 3 replies
Hey @Louise Whidby - I'm not real good with the Probate stuff, but for internet marketing, check out this post (my first ever on BP)Using Facebook Advertising to Super-Charge Your Real Estate Investing (it's more about selling, but could be tweaked for finding deals also!)
8 August 2012 | 16 replies
Yes, you definitely can; however, these would be required to be put into a traditional 401k account(The match would be pretax).however, i also wouldn't mind throwing a little into a roth so it's all tax free when i pull it out.You can contribute to a pretax account each year and then roll it over each year so you can effectively do both and supercharge your Roth account.
10 February 2016 | 13 replies
Its more important than rate because while the 2.15% or 3.30% doesnt sound like much its very easily avoidable to structure the loan to absorb these costs with out adding them to the loan amount (financed) if you know what you're doing.Its a balance between risk and reward but if we know the game plan its easy to greatly reduce risk while upshoring lots of upside, especially for your VA loan.Anyone can get a VA loan done but the difference is getting it done with the most efficiency so that you can supercharge your finances.
6 May 2018 | 1 reply
Amazing how the Dodd Frank Act was designed to harm and cripple the Mortgage Broker, but instead has supercharged Mortgage Brokers, giving them an advantage over banks.Oh sure, the 820 score, 25yrs on the job, W-2 employee borrower putting 30% down on a 400k primary residence, who wants a 15yr fixed rate loan is a battle, but those are far an few between these days.But if a borrower wants creative financing with minimum down and out of pocket and/or is Self Employed or has had credit issues or has other issues that don't fit these Fannie Mae guidelines:SECTION B3-3 page 354 Income SECTION B3-3.2 page 406 Self-Employment IncomeSECTION B3-4 page 450 Assets Assessmenthttps://www.fanniemae.com/content/guide/sel013117.pdf Then it's hellooo Mortgage Broker!
9 September 2023 | 10 replies
@Ashish Wa, DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.