On today’s podcast I had two mortgage lenders on, and we talked about all the unique loan products out there for real estate investors. It was really cool to see because there are a lot of products people don’t really know about! Most investors are thinking they’re either getting a hard money loan and super high interest, or they’re getting just a primary 30-year conventional, that has a bunch of rules and stipulations that makes it difficult for entrepreneurs and real estate investors. We have a lot of debt in real estate! Their loans are very interesting because that stuff isn’t that important. They’ve got lower interest products on rentals that are for 30 to 40 years! They’ve got interest only, as well as products they’re willing to finance Airbnbs based on that short term rent amount. I think it’s a super insightful interview, especially if you’re trying to figure out how to finance your next rental property and maybe your debt to income ratio is maxed out!
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Dustin and Jonathan met at a previous job and decided to start their own business! They’ve been running their own mortgage business for a little over a year now and started when interest rates were very low.
I asked a bunch of questions regarding their loan products as a potential customer. Jonathon and Dustin discuss their products and focus of their business. We also discuss a potential real estate market crash coming soon…
Real estate, real estate market, real estate market crash, stock crash, mortgage loans, how to get a good mortgage loan, how to refinance your house, real estate interest rate, real estate investing, real estate investor
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By: Wealthy Way Podcast - Ryan Pineda Title: Alternative Financing For Investors | Convoy Home Loans Sourced From: www.youtube.com/watch?v=9fn_5KqFBsM
