Thank you so much! I'm here to share valuable insights and help you succeed. If there's anything specific you'd like to learn more about, just let me know.
This math relies on real estate going up 75% every 3-4 years. Unfortunately, historically that is not the case. Maybe in good economy, but Ive seen it go the other way.
You’re right! The market has ups and downs, and growth isn’t guaranteed, especially in a shaky economy. Smart investing is about understanding cycles, balancing risk, and being ready for shifts.🙂
Hi, I have been watching you for awhile. I wonder how you really making this work with out perfect credit. I have been trying for years and I have been used so I gave up on real estate.
Thank you for following along! I completely understand how frustrating it can be, especially when credit challenges get in the way. What worked for me was focusing on strategies like DSCR loans, which don't require perfect credit, and leveraging business credit to fund down payments. Real estate can be tough, but with the right approach, it’s possible to succeed without perfect credit. Don’t give up-let’s find a strategy that works for you! 🙂
Can you get your first rental property without having owned your own first? Or must you buy your own home and then you turn that into a rental property before you can qualify for a loan on a rental ?
I just have one question. If one puts 20% down plus closing and possibly reserves, how does one benefit from having all that money tied up in one property?! Taking equity out to buy another unit doesn’t even seem feasible.
Great question! By putting 20% down, plus covering closing costs and reserves, you're leveraging your investment. This means you control a larger asset with a relatively small initial investment. Over time, the property’s value typically appreciates, and the rental income can provide consistent cash flow, which can help you cover expenses and save for future investments. While it might seem challenging to use equity to buy another unit, strategies like refinancing or leveraging business credit can make it feasible. For example, you can refinance to pull out equity or use business credit to fund additional properties. This approach allows you to build a rental portfolio and increase your wealth, even if the initial investment seems substantial. Hope this helps. 😃
Great question! Many lenders offer DSCR (Debt Service Coverage Ratio) loans, which are fantastic for real estate investors. Local banks, credit unions, and specialized real estate lenders like Visio Lending and LendingHome often provide these types of loans. Online mortgage platforms such as LendingTree and Rocket Mortgage also have options for DSCR loans. For more flexible terms, hard money lenders can be a viable choice. Additionally, working with a mortgage broker can help you find the best DSCR loan options tailored to your needs.
Hi thank you for this video. I was just wondering how do you pay for the credit cards once the 12/18/24 months (or however long the 0% intro APR is) has ended? Thank you 🌟
Great question! Once the 0% intro APR period ends, you’ll start accruing interest on any remaining balance. To manage this, it’s important to have a repayment plan in place. Ideally, you should aim to pay off the balance before the introductory period expires to avoid interest charges. If that’s not possible, consider transferring the balance to a new card with a 0% APR offer, if available, or budgeting to pay off the remaining balance as quickly as possible to minimize interest costs. Keeping track of your credit card terms and planning your payments strategically can help you manage and reduce the financial impact once the introductory period ends.
Refinancing could offer lower rates and leverage for further investment, while selling provides immediate liquidity and relief from maintenance. However, I highly suggest you get a financial advisor or consult an expert so they will guide you.
Great question! First, make sure your business is set up as an LLC or corporation with a dedicated business bank account. Then, focus on building your business credit by opening vendor accounts that report to business credit bureaus. Once that's established, you can apply for a business line of credit with banks or online lenders. Just keep your financials strong-lenders love seeing consistent revenue and a good credit profile. It's a straightforward process, but super effective!
Thank you so much! I'm here to share valuable insights and help you succeed. If there's anything specific you'd like to learn more about, just let me know.
Absolutely! Non-US residents can invest in US real estate using business credit, DSCR loans, and the BRRR method. Some lenders even finance foreign investors without requiring US citizenship or credit. Just set up a US-based LLC, build business credit, and connect with the right lenders. Hope this helps. 🙂
Actually, you can have multiple FHA loans simultaneously under certain conditions. The key requirement is that each FHA loan must be for a different property and meet specific criteria. For example, you must demonstrate a valid reason for needing a new FHA loan, such as relocating to a new area or a change in family size. Additionally, you must be able to prove that you can handle the additional mortgage payments. It’s important to check with an FHA-approved lender to ensure you meet all the requirements for securing multiple FHA loans.
Absolutely, using OPM to invest in your first rental property can be a viable strategy. It allows you to leverage funds from lenders or investors, potentially increasing your purchasing power and spreading your risk. However, it's essential to thoroughly research and understand the terms and conditions associated with borrowing or partnering with others. Additionally, ensure you have a solid investment plan and exit strategy in place to mitigate risks and maximize returns. Consulting with a financial advisor or real estate professional can provide valuable insights tailored to your specific situation and goals.
This is in no way realistic. In my 34 years alive, the market has only grown that fast twice. Besides, how long will you have to wait between getting loans for all these new properties, how will prices change
My big focus is Orlando and the surrounding area, but I do watch and consider properties all over, with a closer eye on Florida in general, but also the Atlanta areas, Charlotte North Carolina, the Denver/Fort Worth area, and a few others in the New England and West Coast areas.
@@phillipturner9598Im from Columbia SC. Homes prices are way too high. However, it is one of the lower end of home prices overall. Demand is definitely there for rentals
Get A Coaching WIth Me And My Team Get Your Questions Answered: callnoelle.com REGISTRATION to the 3-Day Virtual Training Is Open!!! Your Wealth Event In October. Get Your Tickets Today! growyourwealthevent.com Raise Your Credit Score Faster with CREATIVE CREDIT SOLUTION: bit.ly/CcS11NR Build Business Credit Faster With JUSTIN MIRCHE: bit.ly/3eydxza Sign Up Withe Perfect Niche In Real Estate: momshouse.com/noelle/ Noelle's gift for you noellesfreegift.com My New book that can change your life in 100 days: noelleinspires.comGrow Get funded with my company: nuulending.com Get 4 Of My Books For Free: noellesbookoffer.com Ask Me Your Questions: asknoelle.net Have A Call With Me And My Coaches: callnoelle.com Subscribe: youtube.com/@NoelleRandall1?s... Text Me: COACH at: +1 878-295-4316 Visit my website: noellerandall.com Get all of my books for free: noellesbookoffer.com Visit my real estate companies: nuurez.com nuurealty.com Contact us : contact@noellerandall.com marketing@noellerandall.com
Are you able to have more than 4 active mortgages?
Yes, conventional loans will limit you to 4. But there are investor loans, blanket loans and so many other options if you use homes as investment
Thank you neolle for the amazing opportunity in real estate very excellent information endless blessings
Always giving great game and information 💯
Thank you so much! I'm here to share valuable insights and help you succeed. If there's anything specific you'd like to learn more about, just let me know.
im 1st.
I like your videos.thank you!
Awe. Thank you so much for the support. 🥰
This math relies on real estate going up 75% every 3-4 years. Unfortunately, historically that is not the case. Maybe in good economy, but Ive seen it go the other way.
You’re right! The market has ups and downs, and growth isn’t guaranteed, especially in a shaky economy. Smart investing is about understanding cycles, balancing risk, and being ready for shifts.🙂
Excellent advice! Thank you!
Thank you so much!
Hi, I have been watching you for awhile. I wonder how you really making this work with out perfect credit. I have been trying for years and I have been used so I gave up on real estate.
Thank you for following along! I completely understand how frustrating it can be, especially when credit challenges get in the way. What worked for me was focusing on strategies like DSCR loans, which don't require perfect credit, and leveraging business credit to fund down payments. Real estate can be tough, but with the right approach, it’s possible to succeed without perfect credit. Don’t give up-let’s find a strategy that works for you! 🙂
Can you get your first rental property without having owned your own first? Or must you buy your own home and then you turn that into a rental property before you can qualify for a loan on a rental ?
Yes, you can buy up to 4 doors and live in one. Buy a 4 plex and rent out the other 3. Good luck.
How to get financed with 650+ score, less than 1yr of credit history-almost two years of employment?
Can i get that loan to buy rental properties from the UK ?
I just have one question. If one puts 20% down plus closing and possibly reserves, how does one benefit from having all that money tied up in one property?! Taking equity out to buy another unit doesn’t even seem feasible.
Great question! By putting 20% down, plus covering closing costs and reserves, you're leveraging your investment. This means you control a larger asset with a relatively small initial investment. Over time, the property’s value typically appreciates, and the rental income can provide consistent cash flow, which can help you cover expenses and save for future investments. While it might seem challenging to use equity to buy another unit, strategies like refinancing or leveraging business credit can make it feasible. For example, you can refinance to pull out equity or use business credit to fund additional properties. This approach allows you to build a rental portfolio and increase your wealth, even if the initial investment seems substantial. Hope this helps. 😃
Locked in 🔒
You are the best!! ❤
Thank you so much! You’re awesome too! If there’s anything more I can do, I’m here for it! 🙌
Any lenders you suggest that offer DSCR Loan or does most lenders offer that?
Great question! Many lenders offer DSCR (Debt Service Coverage Ratio) loans, which are fantastic for real estate investors. Local banks, credit unions, and specialized real estate lenders like Visio Lending and LendingHome often provide these types of loans. Online mortgage platforms such as LendingTree and Rocket Mortgage also have options for DSCR loans. For more flexible terms, hard money lenders can be a viable choice. Additionally, working with a mortgage broker can help you find the best DSCR loan options tailored to your needs.
Do you have to have all 4 before you can get the DSCR Loan?
Yes you do... And you can't put 3% as down payment going this method, it's more like 20% and higher interest.
@@letsTACOboutGoals How will you be profitable putting nothing down? Won't your payments be too high?
@@StLouis-yg8jp you have cash so your cash flow can be lower. Either cash in or cash out. 20% down in money gone (yes still equity).
Hi thank you for this video. I was just wondering how do you pay for the credit cards once the 12/18/24 months (or however long the 0% intro APR is) has ended? Thank you 🌟
Great question! Once the 0% intro APR period ends, you’ll start accruing interest on any remaining balance. To manage this, it’s important to have a repayment plan in place. Ideally, you should aim to pay off the balance before the introductory period expires to avoid interest charges. If that’s not possible, consider transferring the balance to a new card with a 0% APR offer, if available, or budgeting to pay off the remaining balance as quickly as possible to minimize interest costs. Keeping track of your credit card terms and planning your payments strategically can help you manage and reduce the financial impact once the introductory period ends.
Wow thank you Noelle
Thank you so much!
Im trying to decide if I want to refi my only rental to invest or just sell and invest as it is an older mobile home.
Refinancing could offer lower rates and leverage for further investment, while selling provides immediate liquidity and relief from maintenance. However, I highly suggest you get a financial advisor or consult an expert so they will guide you.
If you want to know more about refinancing and selling, you can reach out to me at asknoelle.net so i could help you in your Real Estate journey. :)
Get A Coaching WIth Me And My Team Get Your Questions Answered:
callnoelle.com
Can non US residents do this?
Thanks for this amazing content ❤🙏
You're very welcome! I'm glad you liked it! If you need more content or help with anything else, just let me know.
Super great advice. I used advice for my digital marketing business and for my business funding technique service.
Thank you so much for the support. 🥰
How do I get the business line of credit?
Great question! First, make sure your business is set up as an LLC or corporation with a dedicated business bank account. Then, focus on building your business credit by opening vendor accounts that report to business credit bureaus. Once that's established, you can apply for a business line of credit with banks or online lenders. Just keep your financials strong-lenders love seeing consistent revenue and a good credit profile. It's a straightforward process, but super effective!
🧠Thanks very helpful.
Awesome video 🔥🔥
Thank you so much! I'm glad you enjoyed the video. 😃
Wow thank you so much for sharing your knowledge god bless you! ❤
Thank you so much! I'm here to share valuable insights and help you succeed. If there's anything specific you'd like to learn more about, just let me know.
I’m serious about having you as my mentor!! Please, let’s set something up! 😭💯💯
Hello Noelle! I am interested in being in real estate! How do I start?
Get A Coaching WIth Me And My Team Get Your Questions Answered:
callnoelle.com
Can non US residents do this?
Absolutely! Non-US residents can invest in US real estate using business credit, DSCR loans, and the BRRR method. Some lenders even finance foreign investors without requiring US citizenship or credit. Just set up a US-based LLC, build business credit, and connect with the right lenders. Hope this helps. 🙂
I didn’t think you could get multiple FHA loans at one time. I thought it had to be paid off before you could take another.
Actually, you can have multiple FHA loans simultaneously under certain conditions. The key requirement is that each FHA loan must be for a different property and meet specific criteria. For example, you must demonstrate a valid reason for needing a new FHA loan, such as relocating to a new area or a change in family size. Additionally, you must be able to prove that you can handle the additional mortgage payments. It’s important to check with an FHA-approved lender to ensure you meet all the requirements for securing multiple FHA loans.
Hi Noelle do you thing i can invest using OPM for my fisr rental property?
Absolutely, using OPM to invest in your first rental property can be a viable strategy. It allows you to leverage funds from lenders or investors, potentially increasing your purchasing power and spreading your risk. However, it's essential to thoroughly research and understand the terms and conditions associated with borrowing or partnering with others. Additionally, ensure you have a solid investment plan and exit strategy in place to mitigate risks and maximize returns. Consulting with a financial advisor or real estate professional can provide valuable insights tailored to your specific situation and goals.
Wow!
Thank you
You're welcome! Thank you for watching.
hey
Thank you for sharing
Thank you so much for the support. 🥰
Great video thank you for sharing ! The phone number you provide and email on your website still updated b/c no body replied yet
?
I love it, but you better make sure you understand how to make money 💰.
Best
Thank you so much for the support.
This is in no way realistic. In my 34 years alive, the market has only grown that fast twice. Besides, how long will you have to wait between getting loans for all these new properties, how will prices change
💯
Where are you buying property?
My big focus is Orlando and the surrounding area, but I do watch and consider properties all over, with a closer eye on Florida in general, but also the Atlanta areas, Charlotte North Carolina, the Denver/Fort Worth area, and a few others in the New England and West Coast areas.
How do you feel about Columbia South Carolina?
Check out Richmond Virginia and the surrounding areas
@@phillipturner9598Im from Columbia SC. Homes prices are way too high. However, it is one of the lower end of home prices overall. Demand is definitely there for rentals
I don't believe that method, that's too risky, some of those properties might be dropped into foreclosure 👎
Get A Coaching WIth Me And My Team Get Your Questions Answered:
callnoelle.com
REGISTRATION to the 3-Day Virtual Training Is Open!!!
Your Wealth Event In October. Get Your Tickets Today!
growyourwealthevent.com
Raise Your Credit Score Faster with CREATIVE CREDIT SOLUTION:
bit.ly/CcS11NR
Build Business Credit Faster With JUSTIN MIRCHE:
bit.ly/3eydxza
Sign Up Withe Perfect Niche In Real Estate:
momshouse.com/noelle/
Noelle's gift for you
noellesfreegift.com
My New book that can change your life in 100 days:
noelleinspires.comGrow
Get funded with my company:
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Get 4 Of My Books For Free:
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Ask Me Your Questions:
asknoelle.net
Have A Call With Me And My Coaches:
callnoelle.com
Subscribe: youtube.com/@NoelleRandall1?s...
Text Me: COACH at: +1 878-295-4316
Visit my website:
noellerandall.com
Get all of my books for free:
noellesbookoffer.com
Visit my real estate companies:
nuurez.com
nuurealty.com
Contact us :
contact@noellerandall.com
marketing@noellerandall.com
Be my mentor! 🫠💯