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Episode 20: Creative Financing in This Market

Real Estate of Tomorrow

Release Date: 01/24/2023

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More Episodes

Tons of programs exist that give clients a chance to qualify for the loans they need. If you knew these creative resources, you could become the go-to person for a community. LISTEN UP.

The real estate game is changing - screw that - it already has and no-one is REALLY talking about it....until now. Real Estate of Tomorrow holds conversations on crucial topics needed to successfully navigate the shifting real estate industry. In this bi-weekly podcast we break down the massive shifts in real estate and tell you the specific steps you need to take to kick a$$ in the coming years, just like we are. We’re your hosts, Edgardo Balentine and Scott DiGregorio, giving you the rundown on real estate from decades of experience and the new generation.

A good number of clients don’t qualify for loans with traditional evidence like reported income. Does that mean they shouldn’t have access to resources? OF COURSE NOT. We know people who PROVE themselves to be excellent fits based on assets or track records from a different angle. Putting a spotlight on these aspects instead gives clients a more fair way to qualify.

Today we talk about alternative financing methods. If you take a look at someone’s finances from a different angle, such as a Fix n’ Flip loan, you get new information on how they are actually dependable. We also mention special programs, such as the Hometown Heroes loan, that gives special service to people who uplift our communities. Listen as we go through MULTIPLE finance options that you can leverage.

What are you doing today to be relevant tomorrow? What are you doing today to be successful tomorrow?

success@realestateoftomorrow.com 

Hit us up.

 

Time stamps:

[00:36] - We’re talking about loans that the average person may not pursue.

[03:32] - Some of the most qualified people explore creative financing options.

[05:58] - Looking at depositing versus reported income.

[08:31] - How can you leverage a DSCR loan?

[11:12] - Proving qualifications through a broader view.

[13:54] - Foreign National Loans allow foreign investors to establish assets in America.

[16:20] - How doable is a Fix n’ Flip loan? PART 1

[19:14] - How doable is a Fix n’ Flip loan? PART 2

[20:55] - Be honest with yourself.

[23:39] - What is the Hometown Heroes program? PART 1

[26:25] - What is the Hometown Heroes program? PART 2

[28:45] - Be mindful that these options are not “one size fits all.”

[31:12] - There are options out here, and you can find useful resources.

[33:23] - Thank you for listening!

 

Links:

Real Estate of Tomorrow

Edgardo Balentine 

Scott DiGregorio