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Rental property financing could get much easier in 2024 as mortgage rates start to slide. So, how do you put yourself in the BEST position possible to get a loan for a rental property? We’ve got our two top-tier mortgage brokers on today to tell you EXACTLY what you need to know to find financing for your next real estate deal! Plus, they’ll share a “sneaky” tactic you can use to start investing with LOW money down.
Christian and David will touch on loan limits and how much you can borrow in 2024, down payment requirements and how to unlock five percent, three percent, and ZERO percent down loans, the three different ways you can finance your next investment property, and what mortgage rate you can expect to get!
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How to Buy a Rental Property with 5% Down (Sneaky Tactic):
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Work with The One Brokerage:
Website:
Email: [email protected]
Intake Email: [email protected]
Christian Bachelder NMLS 1668250
One Brokerage NMLS 2142653
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Work with David:
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YouTube:
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Christian: @the_one_broker or
David: @davidgreene24 or
00:00 Get Your First (or Next) Mortgage
01:51 Sponsor: DealMachine!
02:53 NEW Loan Limits
5:43 3.5% Down Loans!
7:30 The NO Money Down Loan
8:10 PMI (Private Mortgage Insurance)
9:33 Interest Rate Differences
10:14 Rental Property Loans
12:32 How to Get Approved
13:39 The "Sneaky" Rental Tactic
17:09 The "Cash Flow" Problem
18:08 Work with Christian and David!
Read More
By: BiggerPockets
Title: The Beginner''s Guide to Rental Property Financing in 2024
Sourced From: www.youtube.com/watch?v=fvD_2kxc4x0
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