Title | : | The Beginner’s Guide to Financing Rental Properties |
Lasting | : | 20.56 |
Date of publication | : | |
Views | : | 77 rb |
|
Great presentation I learned a lot Thank you Comment from : Leah Ramnarine |
|
This is why I dislike bigger pockets, no where did you mention non qm loans or dti which is way more important than a credit score Comment from : Jason Rogers |
|
1/ Private Lenders in need of; Are you open to finance others to either own part equity or earn interest on the rental property? Comment from : Mr G |
|
This video was very informative and I appreciate how you broke down the details Thank you! I joined BiggerPockets a month now and looking forward to great things as I start my real estate investment journey Comment from : Miss Prosperity |
|
👏👍👍 Comment from : clarence kawah |
|
Thank you sir this video was very helpful Comment from : Derrick Williams |
|
This was INCREDIBLY helpful man Great job breakin it down for us new investors 10-10 Comment from : StealHdz |
|
Are HELOCs normally acceptable to small banks for outside funding for the down payments? Or do you have other suggestions for down payments? I’m in a pretty expensive market(middle Tennessee) which puts many deals out of reach due to large down payments It is the main reason I haven’t pursued investment properties more aggressively Comment from : James Kilburn |
|
that was simply amazing information easy to understand mic was great it was organized well thank you!! Comment from : Michael B |
|
What about FHA loans? Comment from : Ascend |
|
Thanks for the information 🙏 Comment from : Kai Junior |
|
Thx! Comment from : Andre Thomas |
|
Not discouraging, but you can’t survive on an internet rate that is 7 With zero or no cash flow, it’s not worth renting May be ok if you want to quickly flip Comment from : VH Homes |
|
How do you qualify in terms of income vs loan Comment from : Mama Tia |
|
Hi Henry, is it beneficial to take out equity in a home you own and use that money for buying a rental instead of shopping for a loan? Great video, thanks! Comment from : Terry Hindman |
|
Thank you so much for these amazing advices! Comment from : Mari L |
|
i like the small bank portfolio lender loans Especially since I am new to the game and building up Thanks for putting out great useful content! Much appreciated Comment from : Rich Ruelas |
|
Video was more educational and succinct than I expected, thank youbrbrI'll be subbing and bingeing for a while, hope you the best with your investments and life! Comment from : Julia Sanchez |
|
Wow! Henry's AWESOME he's an EXCELLENT Teacher 👌 w/EXCELLENT explanation manner I Appreciate ya 😀 😊 🙏 Comment from : J V |
|
you're the man! love the simple breakdown Comment from : colossal |
|
I am excited to start following you this video is fantastic The small local bank loan is fantastic That's the goal Comment from : Doug Williams |
|
Man this is a great video Been focusing on hard and private money for BRRR’s This helps 👏 Comment from : Nicolas Bowers |
|
Once he said you can borrow the down payment, I knew there is ALWAYS a way to finance if you a good deal because the lenders are gonna want in on the deal! Comment from : Ryan Green |
|
Super helpful! Thank you Comment from : Ebony H |
|
Which category does a FHA loan fall under? Comment from : Hayley Nicole |
|
Finally an episode that's worth listening to and not inflated with high achieving lies Great episode Comment from : Chunky Father |
|
Does bigger pockets work in Canada? Comment from : Jared Piercey |
|
hi I have a duplex with tenants on both sidein January 2023 it will be 1 year, by the way it a FHA loan,, I will refinance to a conventional loanso I can get another FHA loan,,,to buy another duplex Comment from : Reggie Jackson |
|
You the man, Henry! Comment from : Jake D |
|
Extreeemely helpful info! Thank you so much!! Comment from : Charlene Cooper |
|
I just got presapproved for a sfr i would like any suggestions of how to use my loan to buy low and update the proprty? Comment from : Candyce |
|
All this information was super helpful! Thanks for sharing! Comment from : Alesini100 |
|
AWESOME info and your logo is freakking GENIUS man Thank y0u for sharing! Comment from : Colin Sexton |
|
I'm only 13, but I've been trying to learn about financing I don't really understand some of the terminology, but I kind of get the point Hard money loans, and commercial loans seem to catch my eye, and seem to be the best option for where I live It would help if you made a video about terminology such as what does mortgage, lender, and real-estate Comment from : steel garris |
|
exact video I was looking for Comment from : Dillon Tavares |
|
Thank you so much for this information My husband (software engineer) and I (nurse) ended up with an "accidental" rental property and now we are looking to invest in more properties I had no idea how we were going to do this Your video was great! Comment from : Karen Comeaux |
|
Super helpful! I knew of the first three but commercial is news to me I’ve always been weary of ARM mortgages but happy to hear there’s a cap on increase Is it possible to refinance out of commercial to conventional (at some point) if the bank offers both? Comment from : Maximized Money |
|
great video Comment from : Alexander |
|
What is an example of a small bank/commercial lender? This is new to me Comment from : Sid Sriram |
|
How are your hml and brokers vetted? @biggerpockets Comment from : AmberRenee & Co |
|
Great info Comment from : Valentin |
|
Will smaller bank, should you let them know that you have a property or no?brbrShould one use the same lender with a prior property which will show what you bring to the take? brbrIs there a specific website to use to obtain a list for smaller banks? Comment from : Nic Nico |
|
Can a private lender be a bank such as a smaller bank?brbrIs there a calculation formula for private lending? Comment from : Nic Nico |
|
Can you provide the Hard Money Lender calculation formula in order for one to know what the profit will be, the repayment cost back to the lender, etc Comment from : Nic Nico |
|
Thank you so much for sharing your knowledge I have one question, If you use a commercial loan you get amortized for thirty years but have to pay back the bank usually in 10-15 years So normally a cashflow of $400 won’t be enough to pay the balloon payment at the end of the commercial loan So does that mean you have to keep refinancing to make things work? Thanks in advance for your response Comment from : Sanchocloz |
|
Is a hard money lender like a loan shark in the sense? I want to finance my 1st rental property and don’t want to go conventional Comment from : RichGard1 |
|
Appreciate the info my man💪🏽 Comment from : winston wynn |
|
Thanks for this I am just getting started and finding out interest rates are poop right now The lenders I have spoken with suggested a cash out refinance or HELOC on my primary residence to help purchase my first deal Thoughts on either? Comment from : Amanda W |
|
As a lender I'm investing heavily into this space in Los Angeles Working with like-minded people that also love RE investing gets me fired up Let's go! Comment from : Nick Rodriguez |
|
I have a question, I would like to know if is better to apply for an investment loan in the state where the property is locate or if it can be in any state? because we're investing in a different state than the state we live in Thank you, so much!! Comment from : Marias Health Shoppe |
|
Great video Just recently getting into this and this was great info Thanks! Comment from : Ben Boa |
|
Great breakdown information of loan options! Thank you Comment from : Carol Consuegra |
|
If I get the loan in a small bank , can I refinance after that 3 to 5 years in a conventional bank with 30 years fixed to avoid that adjustable rates ? Comment from : Guilherme |
|
You can put less than 20 down on a conventional loan, but you will get PMI tacked on to your monthly payment Comment from : Andrew Martinez |
|
how about a beachfront, city center appartment from 50k newly built that they rent out for you? Scandic Resort Comment from : C B |
|
Thank you, Henry! This is super helpful, and love your vibe You guys are a treasure-house Comment from : Phantom Valentine |
|
Thanks for this great content! Comment from : David Veneroso |
|
Great information Thank you Comment from : Corinne T |
|
Henry’s voice is soothing as hell while educating and dropping knowledge I appreciate y’all :) Comment from : Nikki |
|
I love the way you explain things! Comment from : Authentic Globetrotter |
|
Any lenders in Alberta Canada Comment from : Barry Vankoughnett |
|
Super helpful and straight forward Thank you! Comment from : Calm Energy Productions |
|
Hey Henry with the Small Bank/Commerical loans do I have to have an LLC? Or can I be an individual? Comment from : Andrew Harris |
|
Great info! We want to buy rentals that need a bit of work but starting out we don't have the rehab money, will a commercial lender allow us to borrow that money too? Comment from : Rachael Hasan |
|
This is a great video Appreciate how simple and straightforward the info is Awesome work! Comment from : Jeremiah Rowe |
|
Small banking is genius! Thank you for the information sir Comment from : Shacarr |
|
Thank you for explaining the different options for financing a deal Comment from : Paula Orty |
|
GOD Loved you enough too send His Son JESUS for you and if you will believe in Him and at baptized in THE NAME OF THE FATHER, THE SON and THE HOLY SPIRIT and turn from your sins you will be saved Comment from : Avery Thompkins |
|
Awesome video Henry Thank you Comment from : Rob Williams |
|
Mucha información super valiosa, gracias por compartir Cada vez le voy entendiendo más de como funciona los bienes y raíces para empezar a invertir Comment from : Chino Guarcas |
|
One of the best real estate videos i’ve watched Great content Thanks Comment from : KeyMo 21 |
|
Thank you Henry for such a valuable information I have a question about hard money loan, how long typically do they loan the money for? I appreciate your help! Thanks again! Comment from : Sergio & Laura Maldonado |
|
Very helpful video Thank you! Comment from : Trine Sandnæs |
|
High value information Thank you, Mr Henry Washington God Bless🙏 Comment from : Daniel Zuluaga |
|
Good stuff! Thanks! Comment from : Mark Akins |
|
That was very helpful information Thank you for sharing it Comment from : N H |
|
Thanks so much for breaking down the financing options To this newbie, it seems much more achievable when you understand the process Comment from : Jennifer Means |
|
Do any of these lenders have a net worth minimum? Some lenders want you to have a million dollars net worth before lending over a million dollars Thank you Comment from : Jerry R |
|
Total mortgage applications decreased 63 from one week earlier, according to the MBA and it will only go lower considering the interest rates hikes As much as the recession seems imminent, keep your heads up Having monitored my portfolio performance currently up 15 from Q1, I've learned why only a few make enormous returns from this seemingly unknown market Get your money working Comment from : Alex dean brooker jr |
|
I have to say this is a fantastic series and as a newbie, this is gold Comment from : Arthur Luay |
|
If interest rates keep rising the average home buyer will not be able to buy a home These are tough times but we keep going However, a severe market correction causes a lot of margin calls and sell-offs, driving the market lower Comment from : Sharon Larthey |
|
What are some of the local small banks in California ? Comment from : Vinod Kmr |
|
Henery much respect man Awesome content Very very informative thank you for that man! Comment from : Paul Bloomfield |
|
Thank you for this breakdown Henry! Definitely helped understand the in-depths of financing options Comment from : Nicholas Cannella |
|
Your voice is easy to listen to and understand Thank you! Comment from : Julie Anderson |
|
Henry is awesome! We need more Henry on BP! Comment from : Kevin Brando |
|
I'm Canadian, own a long term rental and a short term rental(airBnb) and interested in buying some long term rentals in the USA I'll be looking in the 500K range? Anyone have deals? Send them to me pls! Comment from : Rose Overdose |
|
Great explanation of solutions to buying, especially first deals I just put my first deal together and am approved for a commercial loan Waiting on the inspection!!! Comment from : Lori Wagner |
|
Great video! Thank you Comment from : RM |
|
That was so helpful, thank you! Comment from : Caroline Lewis |
|
Can y'all do an episode on buying real estate in a land contract deal? Comment from : Real Estate, Money, & Health w/ misunderstoodkj |
|
Super helpful and timely video 👍 Comment from : Little Mountain Life |
|
Love the video man, motivation for me to make better finance videos too, keep it up! Comment from : Markus Riggs |
|
How do I get 200k as a nobody for 25 down on a 9 unit?? Comment from : Joey Makowski |
Coin Laundry Money from rental properties РѕС‚ : Grant Warrington Download Full Episodes | The Most Watched videos of all time |
How I Renovate My Rental Properties | BEFORE u0026 AFTER РѕС‚ : Redacted Download Full Episodes | The Most Watched videos of all time |
Rental Crisis: Why are Landlords Selling Their Properties? РѕС‚ : TLDR News Download Full Episodes | The Most Watched videos of all time |
How to Go from 1 to 175 Rental Properties РѕС‚ : Redacted Download Full Episodes | The Most Watched videos of all time |
Just Start with 4 Rental Properties | Investing for Beginners with Clayton Morris РѕС‚ : Redacted Download Full Episodes | The Most Watched videos of all time |
How To Buy 10 Rental Properties In 1 Year РѕС‚ : Ryan Pineda Download Full Episodes | The Most Watched videos of all time |
Garena DDTank:Combo 2000 Tốc Độ Sẽ Kinh Khủng Như Thế Nào?Best Cướp Turn Cân Team Lật Kèo РѕС‚ : Review Game N.B.H Download Full Episodes | The Most Watched videos of all time |
No Money Down Semi Truck Financing! Semi Truck Loans- Zero Down Semi Truck Financing! РѕС‚ : Awakened Funding Download Full Episodes | The Most Watched videos of all time |
Buying Financing a semi truck with owner/seller financing without a bank РѕС‚ : Brotherman Trucking Download Full Episodes | The Most Watched videos of all time |
Do This Before You Get Semi Truck Financing Bad Credit!! Guaranteed Semi Truck Financing РѕС‚ : Awakened Funding Download Full Episodes | The Most Watched videos of all time |