1. Eligibility Requirements:
   1. To qualify for this loan, you must already own a home that you live in.
   2. Not suitable for first-time homebuyers or those looking to invest in large acreage properties (limited to two acres).
   3. Designed for residential cookie-cutter areas.
2. Property Ownership:
   • No limit on the number of properties you can own; even investors with 20, 30, or 40 properties can apply.
3. Loan Type:
   • This loan is a cash flow loan, tailored for real estate investors.
4. Research and Selection:
   • The presenter did extensive research to find a suitable lender for this loan.
   • Traditional lenders often promise similar products but may not deliver.
5. Down Payment and Credit Score:
   • You can invest in a property with a 20% down payment.
   • Credit score requirements can vary, but it can go as low as 660 for eligibility.
   • It's recommended that applicants have a good credit history and payment record.
6. Income and Asset Evaluation:
   • Unlike traditional loans, this loan does not consider your income or all of your assets.
   • Approval is primarily based on your credit report, credit history, and having the down payment and six months of reserves for the property.
7. Ideal Candidates:
   • This loan may not be suitable for individuals with past financial troubles or high debt-to-income ratios.
   • It's advised to use this loan to advance your real estate investment goals and financial position.
8. Speed and Documentation:
   • The loan process is quicker, with an average closing time of two to three weeks.
   • Investors with multiple properties find it appealing as it involves less paperwork compared to traditional loans.
9. Cash Flow Requirement:
   • The loan ensures that the property generates enough income to cover monthly expenses such as principal, interest, taxes, insurance, and HOA fees.
   • If you plan to Airbnb the property, the loan evaluates its long-term rental potential.
10. Down Payment Options:
    • There's a 25% down payment option that doesn't require showing positive cash flow.
    • However, a credit score of over 700 is needed for this option.
11. Benefits for Investors:
    • Ideal for investors looking to purchase three to four properties quickly with available funds.
    • Suitable for those focusing on appreciation plays rather than immediate cash flow.
12. Self-Employed Applicants:
    • Self-employed individuals who write off their income can benefit from this loan since it doesn't consider income or debt.
13. Interest Rates:
    • The interest rates for this type of loan are typically higher than traditional mortgages.
14. Availability:
    • The loan program is available in most states.
15. Consultation:
    • The presenter encourages viewers to schedule a consultation to discuss their investment goals and see if this loan is a good fit.
16. Excitement and Updates:
    • The presenter expresses excitement about this program and hints at the possibility of utilizing it personally.
    • Promises to keep viewers updated if they decide to use it for their own investments.
17. Conclusion:
    • This loan is considered a fantastic option for real estate investors looking for a more streamlined approach to financing their investments.
    • It's recommended to explore this option as part of your investment strategy.
18. Reminder to Leave Questions and Comments:
    • The presenter encourages viewers to ask questions or leave comments for further clarification.

https://www.youtube.com/watch?v=PPRfDXBj2HY

Title of this video is Super Cool Investment Loans Every Single Person Who's Investing in Property Should Know About. Okay, that's a strong title, right? Yes, here's the deal. Now, first of all, I'm going to tell you something incredibly important: to be eligible to do this loan, you must already own a home that you live in. If you do not own any homes and this is your first time buying a house, this loan is not for you. If you are thinking you want to buy an investment property on 10, 15, 20, 30 acres, this is not the loan for you. This has a two-acre maximum and it is designed for residential cookie-cutter areas. Very important.

Now, the next question people ask is how many homes can you own? Could you possibly own too many homes? No. So, for the investors with 20, 30, 40 properties already, you can do this loan, no problem. So, what is it? It's a cash flow loan, but there's actually a really interesting tweak to it that I'm really into. So, we're going to talk about what a cash flow loan is and then what the tweak is that I'm interested in.

Now, something important to note, I haven't done these in the past because what I've traditionally hit over the years is lots of different investors that say they offer this product, but then when I dig into the details of it, they're like, "Oh, we don't really have it set up," or "Oh, we don't really know how to price it," or "Well, we're going to do it soon," or there's like hooks and weirdness where you're just like, or the rates are so terrible you're just like, "Oh, I'm not going to do a five-minute video on this because it's trash."

Okay, I did some more research, and I found one that I'm really into. I may be doing it for myself. Now, here's the basics: you can do investment property 20% down. We do run credit. You know the credit score differs based on which version of this you're trying to do, but it is as low as 660 pretty easily. Um, I do recommend if you're doing a loan like this, you know if you've had trouble paying your bills in the past, this may not be the best loan for you personally just because you don't want to get into trouble. And with any loan, this loan doesn't look at your income, it doesn't look at all of your assets, it's looking at your credit report, your credit history, and then it's looking to make sure you have the down payment as well as six months reserves for the property. That's it.

Now, a lot of people go, "Oh, I was declined by banks, they said my debt-to-income is too high." I would say, don't go for this. Okay? And the reason is, whenever you have a loan like this, you want to use it to help yourself get to the next level. That's why I was saying if you're having trouble paying your bills or anything else, I would not go after this loan. Okay? You want to put yourself in the best position.

Now, there's other lenders that offer this product that may have a different opinion and they may not care about your future, but I do. So, let's say here are the situations I think it makes sense and why I may use it for myself. Now, first of all, if you own 20, 30 properties, there's no limitation on how many properties you can have. The second thing is you're not going to be doing the same level of work when it comes to documenting all of those properties that you would with a traditional loan. So, for an investor that's trying to move quick, you know the average time to close these is two to three weeks, and if you have 20, 30, 40 properties already, it can get very intensive with the traditional paperwork. This can be a great option to just slam it shut.

Now, the way the loan works is it's basically making sure that the property is going to cash flow more than the monthly principal, interest, taxes, insurance, and any HOA. That is the basics of what it's doing. So, if the property is going to cash flow, cool. Now, if you're like, "Well, I'm going to Airbnb it," they're looking at what long-term rents would be. So, if you're seeing that with Airbnb you can make 10 or 20k a month and that's the only way it's going to cash flow, then the 20% down option would not be great. They do have an option where if you put down 25%, you don't even have to show that it cash flows. You do have to have a credit score over 700. But as an investor myself, I think this program is so interesting because I love the concept of moving really fast. And don't tell anyone this is our secret, you know me and the 400 people that watch this, but I hate paperwork. Oh my god, I hate paperwork, I hate it so much, I want to scream, it drives me nuts. You know, I hate explaining stuff, I'm the worst, I'm that client that's why with you guys I'm always like I get it, I know you don't want to give me that. So, for me, I'm like, "Oh, if I'm, you know, right now I'm trying to get my taxes done but my tax lady hasn't given it back, I'm W2 but I have properties, you know. So, if I'm going with a conventional loan, they're definitely going to want to see my tax returns because of the properties. But if I see an opportunity, I don't want to wait for that, you know. So, this can be a great option for the investor that's looking at three to four properties, has a stack of cash, and wants to deploy it and doesn't want to deal with the traditional, you know, hoops. This can be a great program for the person who's looking to buy that property that may not cash flow immediately, you know, the 25% option that's what I was looking at I was like this is kind of interesting because a lot of my investing isn't based on cash flow it's based on appreciation plays so what that means is that I'm generally trying to target something where I think that if I improve it or the area that it's in is going to go up so the money I'm trying to make is not like a monthly you know 500 here a thousand dollars here I'm hoping you know three five seven years that I'm going to get a good chunk of change out of it

So the 25% down for me was very interesting because of that now something else that can happen is sometimes maybe you have a big stack of cash but you're self-employed and you write off all your income

Bing bing bing this loan's great we're not looking at your income we're not looking at your debt we're looking at your credit score and we're looking that you have the assets to do the loan, so really exciting program now very important to note the rate is the rate as low as if you were doing a traditional everyday mortgage no no it's not the rate is definitely higher whenever you're doing something in lending that's super easy breezy and nice like this the rate's gonna be higher you know I would probably say given any day you know you could be two percent higher than if you were doing all the paperwork so that's definitely something it's something I'm personally weighing out because I'm like oh I know I qualify but I hate it when they ask me for stuff

You know is that worth a couple percent probably not I'm probably gonna go the traditional route but I love this as an option and I love this for clients who over the years we haven't been able to help them with investment properties because maybe they write off all their income or maybe their taxes weren't done or maybe they owned too many properties and didn't have enough reserves or or or 900 reasons so I am super excited about this program um it's in most states so as always I am licensed in 47 states please set up a time to talk with me before you fill out any application that's across the board it's always good that we get to know each other and we know each other's goals so that I can make sure I'm a good fit you can make sure I'm a good fit we don't want to just get an application and not know okay what are we doing with this so there will be a link to book a time on my calendar to talk about investment properties I am excited about this program and I'll be keeping you guys up to date if I decide to utilize it with my purchase but it's a fantastic option it's a fantastic way to invest and it's definitely worth knowing more about so that you have it in your arsenal of options as always thanks for watching and I look forward to talking to you guys questions or comments please leave them here thanks.