How to Buy Real Estate; (Loans, Programs, & Tips) with

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  • Опубліковано 18 вер 2024

КОМЕНТАРІ • 156

  • @user-3456rtu
    @user-3456rtu Рік тому +103

    I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. Buying bitcoin and eth for me is a way to save without blowing my money on stupid stuff. And later in the year or next year I'm going to cash in for a down-payment on a home. Great video

    • @loud9090
      @loud9090 Рік тому +2

      Buffett likes to say "the best thing to invest in is yourself" Meaning upgrading your skills, asking for the raise. It will give you more satisfaction out of life and more disposable income to put in the market sooner to have more compounding in your favor.

    • @322dawgg
      @322dawgg Рік тому +4

      @@loud9090 There is a famous person 'NICOLE DESIREE SIMON'. She has been making a fortune online worth millions of dollars in digital assets for a select few for years. Lately, these types of services have appeared that allow you to copy the results of the experts. This person demonstrates how to copy it automatically using that service.

    • @carolynrose1816
      @carolynrose1816 Рік тому

      @@322dawgg Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

    • @322dawgg
      @322dawgg Рік тому +2

      @@carolynrose1816 most likely, the internet is where to find her basic info, she's well established.

    • @carolynrose1816
      @carolynrose1816 Рік тому

      @@322dawgg Thanks for the info, i found her website and sent a message hopefully she replies soon.

  • @richhands5269
    @richhands5269 Рік тому +15

    My favorite Finance channels: Earn Your Leisure, Stock Brotha, & Wallstreet Trapper. Make my week complete!

    • @Nairobyi
      @Nairobyi Рік тому

      Thank u for sharing! I am definitely subscribing to all of them!

  • @davidasmart1082
    @davidasmart1082 Рік тому +7

    This is one of the best real estate investing episodes. MJ dropped so many gems.

  • @Aalender
    @Aalender Рік тому +9

    I’m a mortgage banker and MG makes me wanna be a better professional - he changed the game and is Inspiring

  • @lolingthornton8189
    @lolingthornton8189 Рік тому +8

    I'm black and I've lived in the Permian Basin Texas for the past 12 years, there is a NEED for representation here in Midland, TX as well as Odessa, TX. Please come down here and school these folks. I'm originally from the Boogie Down Bronx, New York and I've never seen a place like this. We need a little bit of everything down here, especially from the black community. I love your show fellas. I'm thinking about getting my RE license since it's growing like crazy here in the Permian.

  • @Homebuyingtips
    @Homebuyingtips Рік тому +12

    MG never disappoints. I always love hearing from someone that can talk in detail about topics and not just point in the air at topics or engage in hyperbole for click

  • @VoluntaryDiscomfort
    @VoluntaryDiscomfort Рік тому +14

    MG is definitely growing! The growth is amazing! The EYL platform is a gold mine and they are attracting great things to them. I pray for more for them!

  • @justlaceme2147
    @justlaceme2147 Рік тому +7

    It’s his time . Mg been given nuggets and chilling since day one

  • @Omaromar2x
    @Omaromar2x Рік тому +27

    Thank y’all for getting right to the VA loan talk. Needed this info

    • @TerrickHarden
      @TerrickHarden Рік тому +1

      Me too.. Im gonna keep re-watching as I build towards using my va loan for the first time.

  • @brendalw5831
    @brendalw5831 Рік тому +6

    I love the intelligent questions Troy & Rashad are asking to educate we listeners ❤️ 😍 💖

  • @angelinalopez6021
    @angelinalopez6021 Рік тому +14

    I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

    • @antonialuiz5900
      @antonialuiz5900 Рік тому

      Investing in stocks is a good idea, a good trading system would put you through many days of success.

    • @avalosjuan9951
      @avalosjuan9951 Рік тому

      Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?

    • @angelinalopez6021
      @angelinalopez6021 Рік тому

      @abilioafonso8631 Hello Do you trade on your own?

    • @angelinalopez6021
      @angelinalopez6021 Рік тому

      @abilioafonso8631 That's impressive. Are you giving her your money or the money stays in your trading account? What's really the idea behind copying trades.

    • @angelinalopez6021
      @angelinalopez6021 Рік тому

      @abilioafonso8631 Is her service available outside of the US? As her broker is registered in the US.

  • @tekemabaker2673
    @tekemabaker2673 Рік тому +3

    For Educational purposes “Troy Voice” this is 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥💎💎💎💎💎💎

  • @bobbiechristopher6772
    @bobbiechristopher6772 Рік тому +23

    I will forever be indebted to you for everything. I will tell the world how you have helped me recover my financial loss through your investment. Thank you Alma Robles for making my financial life stable again.🇺🇸

    • @lukecombz7074
      @lukecombz7074 Рік тому

      Wow❤️🥰.. sounds good to know there are still good people out there

    • @annifred2159
      @annifred2159 Рік тому

      Starting a good investment is what everyone should go for now. I started off with Ms Alma and have earned over 18000 profits.

    • @carmelitagonzalez5014
      @carmelitagonzalez5014 Рік тому

      @@annifred2159 is her investment still ongoing? I’m interested.

    • @annifred2159
      @annifred2159 Рік тому

      @@carmelitagonzalez5014 Sure. She’s always available to help new investors.

    • @carmelitagonzalez5014
      @carmelitagonzalez5014 Рік тому

      Sounds good. PLEASE HOW DO I REACH HER??

  • @mevtherenegade
    @mevtherenegade Рік тому +7

    Thank you for this! As a veteran I GREATLY appreciate this information. 🙏🏾

  • @jpatd6442
    @jpatd6442 Рік тому +5

    What about putting your properties in a trust how does that work can you please explain that whole entire process the pros & cons compared 2 putting your properties in an LLC

    • @niissh5765
      @niissh5765 Рік тому +2

      I am currently going through the process of putting my properties in a LLC and then putting my LLC under my trust. Meeting with my attorney on Friday.

    • @Iamjoeycross
      @Iamjoeycross Рік тому

      @@niissh5765same here minus the trust part. Follow up on this thread if you can. That’s a big move.

  • @216Vonnie
    @216Vonnie Рік тому +2

    I’m never disappointed when I listen to MG🙌🏽🧡

  • @sunkisses1516
    @sunkisses1516 Рік тому +2

    Going down the rabbit hole watching MGTheMorgageGuy videos...he is so informative, smart and he speaks my lingo :-) ArmyStrong-MarineStrong-Thank you for the VA loan information. God Bless America !

  • @tiahardy31715
    @tiahardy31715 Рік тому +1

    Working in real estate development, this is high level conversation however, most architects can take longer than 2-3 months. Also, pay for permit expediting.

  • @nawill9209
    @nawill9209 Рік тому +3

    I purchased my home 8 years ago using the VA loan. I put 500.00 down. It was returned to me after I closed. I moved into my house in California for basically 0 money down. I wish I would have been on my investment ish. But I don’t regret it.

    • @babyface8742
      @babyface8742 Рік тому

      Same. I’m just gone use this current home as an investment and move to another property

  • @u.lisawilliams9600
    @u.lisawilliams9600 Рік тому +1

    I am grateful to my new bank that I did not have a relationship with, they gave me all the money I asked for and more-plus my construction loan was extended a fewwwww times-I just had to pay a small extension fee-especially if you have unforeseen circumstances-always check with the banks-especially the local banks-mostly have better in house requirement…do your “due. diligence always on people, Property, and financing, contracts/agreement…take no one word-see it in black and white…if you do not understand seek an attorney before signing❤😊

  • @fdhall
    @fdhall Рік тому +5

    1 correction good brotha MG: you don't have to be 100% VA disabled to be exempt from the VA funding fee...just be VA rated👍🏾

    • @babyface8742
      @babyface8742 Рік тому

      You have to be 70%

    • @tristanharrison8932
      @tristanharrison8932 Рік тому

      if you cant use for rental properties how do you keep multiple homes under va loan.

  • @HennyHendu
    @HennyHendu Рік тому +1

    Only thing to add is that you DON'T need 100% disability to forgo the funding fee. You only need minimum 1%. Not paying funding fee is a big deal. Funding fee on a second time use of your va loan is 3.6%. That's an additional $36k on a $1M home.

  • @hanselito2416
    @hanselito2416 Рік тому +1

    you mentioned veterans so i subscribed

  • @jpatd6442
    @jpatd6442 Рік тому +2

    How do you get a loan to convert a large commercial office building space that you notice has brand new empty office buildings that has been unoccupied 4 years that could become extremely profitable once re zoned into residential single family & apartment buildings that are both planned 2 be used as rental properties

  • @niaelbryant2336
    @niaelbryant2336 Рік тому +1

    You need guaranteed multiple streams of to fund your project.

  • @GregGeorge189
    @GregGeorge189 Рік тому +8

    Most people remain poor only because friends and relatives discourage and advise them not to invest, while the wise ones keep investing and growing higher financially.

    • @andrew_2119
      @andrew_2119 Рік тому

      The motivation i needed to switch hard core hodling to investings was my first significant profit investing with expert Melina's guidance and signals

    • @LorisDoris1
      @LorisDoris1 Рік тому

      The digital market has been so lucrative, but to be honest its not entirely easy i lost so much while doing it by myself until I hired a service of an expert .

    • @LorisDoris1
      @LorisDoris1 Рік тому

      *She's active on the telegram platform with the name below*

    • @LorisDoris1
      @LorisDoris1 Рік тому

      *Ms Melina10*

  • @HerSZN_
    @HerSZN_ Рік тому +6

    Listened to this like 5 times lol

  • @msnetta2003
    @msnetta2003 Рік тому

    Super informational. By far my favorite episode to date. Straight to the point and ALL FACTS.

  • @donovanpenny2594
    @donovanpenny2594 Рік тому +1

    Great info, but one correction you can use rental income on multi units to qualify for VA loan!

  • @pbwenterprises1979
    @pbwenterprises1979 Рік тому +1

    Looking to learn more about real estate but am not a veteran, child of (2 veteran parents) unfortunately, but thanks for your service!!

  • @preparetocompetepodcast
    @preparetocompetepodcast Рік тому +4

    Owner/Operator of Veterans For Veterans Consulting. Assisting Veterans with Service Connected Disability Benefits to receive up to $4,000.00 per month for life. VA Loan funding fee waived at 10%+. We ensure our qualified veterans do not EVER pay a funding fee for loans.

  • @outofoder7
    @outofoder7 Рік тому +3

    I will also add on the VA loan piece that if you are active duty, you qualify for a VA loan.

  • @jav13077
    @jav13077 Рік тому +1

    Great information, especially with the single family rentals!

  • @asheaentrease3208
    @asheaentrease3208 Рік тому +1

    This helped me to decide what I will get licensed in next. Thank you Matthew Garland…

  • @javellfierce586
    @javellfierce586 Рік тому

    Its called a conforming loan limit - there is no set amount based on time served the entitlement is the entitlement - locality determines amount by zip code.
    You can also refi the VA to conventional and then free up your COE to buy another home full entitlement as it’s no longer being exercised. That is the magic

  • @lexghozt
    @lexghozt Рік тому

    Thx fellas 1000% needed 🙏 this

  • @grouphuff
    @grouphuff Рік тому

    Dope interview! Agree, watch what institutional money is doing NOT what they say.

  • @iramcc409
    @iramcc409 Рік тому

    Another great episode! Thanks!!

  • @gimmeadollar1062
    @gimmeadollar1062 Рік тому

    1:03:50 is a 💎 drop

  • @jilittle
    @jilittle Рік тому +5

    ChatGPT please provide MG plays.

  • @johannathomas4458
    @johannathomas4458 Рік тому

    Get that bank MG! Ownership! The biggest!

  • @0124twinlc
    @0124twinlc Рік тому +1

    My husband is a veteran with no property management experience however I have 26yrs of property management experience; will my experience be considered?

    • @u.lisawilliams9600
      @u.lisawilliams9600 Рік тому

      If your husband served and pulled duty, supervised details, overseen certain projects, etc he has some property management experience/skills just worded differently and especially if he help managed your home etc, without utilizing others that’s more experience, just worded differently 😊❤

    • @0124twinlc
      @0124twinlc Рік тому

      @@u.lisawilliams9600 Thank you so much for your response this was very helpful. Be blessed and stay safe 🤗🙏🏽

  • @theguybrandon
    @theguybrandon Рік тому +2

    I thought about starting a mortgage REIT…

  • @asmeallah2490
    @asmeallah2490 Рік тому

    Excellent class. I took a quick real estate class at a community college in yr.2000, and yes, having the license is beneficial. Also, it was when flipping properties became better knowledgeable in black communities for real estate agents and investors, not holding a real estate license, just straight flipping. Also, veterans are exempted from property taxes. And I like modular homes now vs. straight up from the ground building with owning land. Fewer permits, less time-consuming, and the loan process is about the same. And if you need land or a lot for home building, the modular manufacturers offer package deals. Assets vs.Liabilities. Appreciating the knowledge; and thank you

  • @u.lisawilliams9600
    @u.lisawilliams9600 Рік тому

    LLC is good especially if you are Not the registered agent, however, look more into Trust….😊❤

  • @misunderstoodkj
    @misunderstoodkj Рік тому

    Great job, Matt!!

  • @ness647076
    @ness647076 Рік тому

    VA doesn’t give you anything. They back a certain percentage of the home appraisal value. You still have to find a commercial lender that will provide you with the loan.

  • @PhiMu31
    @PhiMu31 Рік тому

    Great show!!!

  • @Ballerism
    @Ballerism Рік тому

    Tried to get involved in it and they wouldn’t let me as didn’t have a job, even though I could get the money for down payment etc.

  • @suiteums
    @suiteums Рік тому

    Problem is we can't place the home in an llc after renting it out. Just found that out. Any suggestions on how to limit liability?

  • @iammahalieka
    @iammahalieka Рік тому

    Get your suit up. Nice look 🙌🏾🙌🏾🙌🏾

  • @saravan6498
    @saravan6498 Рік тому +3

    I still don't understand the reason why my trader (Easy james) charges me 20% of my profit after the end of my trade weekly. I have been trading with her for like 15months now ,but she keeps on taking percentage from me which is too sad. I wish I could get a better trader who won't charge me a dime..

    • @Quadrilint
      @Quadrilint Рік тому

      you mean you have a Professional trader who trade's for you and makes profit for you, and you pay her 20% and you take the remaining after every trade?

    • @mrp9605
      @mrp9605 Рік тому

      I will advise you to stick strong to her ,legit traders are very scarce and far, *Easy James* is a very good lady!

    • @kamalyele
      @kamalyele Рік тому

      i think you should learn how to be thankful.i started trading with her since march with a thousand bucks and since then there have been a great turn up.

    • @bananfred
      @bananfred Рік тому

      please how may I reach her so I can invest with her even if she charges me 30%/40% and I take the remaining i will be okay as long as I get my money and profit back.

  • @henrymatthew2186
    @henrymatthew2186 Рік тому +97

    Forex trading is the best investment one can do right now though stocks are good but ever since I swapped to Forex trading , I've seen so much difference

    • @richhands5369
      @richhands5369 Рік тому

      I have been making a lot profit through forex trading which has been the main source of my income

    • @richhands5369
      @richhands5369 Рік тому

      Actually an expert broker handles my forex investments while I invest in some real estate with the profit I make

    • @richhands5369
      @richhands5369 Рік тому

      Seek professional guidelines from an expert before delving into forex, Mr Chaske academy is a pro trader that guides me

    • @richhands5369
      @richhands5369 Рік тому

      He's an expert when it comes to trading forex, he made over $12k with my $2k start up capital

    • @richhands5369
      @richhands5369 Рік тому

      He's available on G mail

  • @dafingaz
    @dafingaz Рік тому

    Gems as always!

  • @keithfisher8501
    @keithfisher8501 Рік тому +1

    Good information! 👍

  • @wylissaleain5007
    @wylissaleain5007 Рік тому

    Does any on the panel know anything about a program called NACA?

    • @TyWerks
      @TyWerks Рік тому

      I'm familiar with it a family member of mine was in it for a while

  • @247eclispe
    @247eclispe Рік тому +2

    I need this VA Loan episode 🫡

  • @BighomieKSB
    @BighomieKSB Рік тому

    is there an episode explaining how to use 401k to buy real estate?

  • @MrTonytalk
    @MrTonytalk Рік тому

    Mortgage guy been in the gym. I see you plair. 🙏🏾🙏🏾🙏🏾

  • @syloncemedia
    @syloncemedia Рік тому

    great episode

  • @lizzialk
    @lizzialk Рік тому

    Can we use a construction loan for modular homes?

  • @freedareal6416
    @freedareal6416 Рік тому +1

    Meh y'all should of went a whole nother hour on the USDA loans meh real talk💯🤔

  • @hd8361
    @hd8361 Рік тому

    Leverage ❤love it.

  • @crystalhudson2716
    @crystalhudson2716 Рік тому

    Great build!🙏🏽👋🏽👋🏽👋🏽

  • @Shiitalker
    @Shiitalker Рік тому

    WE NEED THIS INFO . YSN

  • @slowsteadytez290
    @slowsteadytez290 Рік тому

    ? Can you do something on how to become a hard money 💰 lender or can you refer me to someone

  • @FM-yk1yr
    @FM-yk1yr Рік тому

    Fantastic

  • @johnmcphersonceo7123
    @johnmcphersonceo7123 Рік тому

    Gems 💎

  • @Bunsinbundles
    @Bunsinbundles Рік тому

    Residual income ok

  • @RowanTrevett
    @RowanTrevett Рік тому

    Bro what are those noises at 43.10 loool

  • @ChristyDStarling
    @ChristyDStarling Рік тому

    💜💜💜

  • @ebonywatson2177
    @ebonywatson2177 Місяць тому +1

    ❤❤❤❤❤❤❤❤❤❤

  • @tonysnow4705
    @tonysnow4705 Рік тому

    If you in a state where entity’s owners are public records this won’t work putting a LLC

  • @orlandoscott1020
    @orlandoscott1020 Рік тому

    40:14

  • @djboomlife2410
    @djboomlife2410 Рік тому

    Bigup MG.

  • @anferneedevine218
    @anferneedevine218 Рік тому

    I'ma be a better MG, no hate intended just striving to touch more people

  • @user-we6fd4wv8p
    @user-we6fd4wv8p Рік тому

    Well spoken brother....that one lady he had contact me was horrible tho. Very unprofessional and terrible communicator.

  • @Closer_To_Truth522
    @Closer_To_Truth522 Рік тому

    ✊🏾💪🏾💰

  • @RobinHuud_
    @RobinHuud_ Рік тому

    55:18 False. maybe where JG buys his multi families are in the hood. New Orleans, etc. overall that statement isn’t true.

    • @RobinHuud_
      @RobinHuud_ Рік тому +1

      @@mighty3552 lol. maybe where you live idk. Multi fams here rents are comparable to single fam homes.
      Unless you’re talking in low income areas.. then yea sure.

    • @u.lisawilliams9600
      @u.lisawilliams9600 Рік тому

      This not to discourage you, Please check regulations for any license, especially before becoming an agent because as an investor in some states it can be a hindrance to your real estate investor journey…it’s easy to say “just get a real estate license” but again do your “due diligence Always”.. I took the course for educational information purposes only-a few of us did-from one of the supposedly top courses in the state-598, we opt out-a lot of brokers and I am speaking from 1st hand experience and knowledge do not allow you to invest…and most do not offer Any training-research, research, research….every states guidelines are different…..😊❤

  • @breedda1
    @breedda1 Рік тому

    💎💎💎💎

  • @u.lisawilliams9600
    @u.lisawilliams9600 Рік тому

    Sharing and adding -you do not have to be at 100% to have the funding fee waived,
    “Will I have to pay the VA funding fee?
    If you’re using a VA home loan to buy, build, improve, or repair a home or to refinance a mortgage, you’ll need to pay the VA funding fee unless you meet certain requirements.
    ❤You won’t have to pay a VA funding fee if any of these descriptions are true for you:
    1. You’re receiving VA compensation for a service-connected disability, or
    2. You’re eligible to receive VA compensation for a service-connected disability, but you’re receiving retirement or active-duty pay instead, or
    3. You’re receiving Dependency and Indemnity Compensation (DIC) as the surviving spouse of a Veteran, or
    4. You’re a service member who has received a proposed or memorandum rating before the loan closing date that says you’re eligible to get compensation because of a pre-discharge claim, or
    5. You’re a service member on active duty who, before or on the loan closing date, provides evidence of having received the Purple Heart
    ❤Funding fee refunds
    You may be eligible for a refund of the VA funding fee if you’re later awarded VA compensation for a service-connected disability. The effective date of your VA compensation must be retroactive to before the date of your loan closing.

  • @fuckyovideos23
    @fuckyovideos23 Рік тому

    Has anyone used MG ? I am really interested