I’ve heard this before, but there are many excuses they’ll use to deny the loan. Some that I’ve heard “it hasn’t been rented with no vacancies for two years” and “we take 30% of the gross rents from your net income on your taxes”. One loan officer told me her dad is a landlord and faces the same issues. DSCR loans are more expensive, but they’re easy as long as you can show that it’s a solid deal.
Good luck. The rents don’t add up to the threshold of the 75% so 75% of the gross rents of the 4 units need to be greater than the monthly payment and that’s rare to find in a lot of places. Also you have PMI attached to the FHA loan until you refinance.
I am planing to buy a duplex for next year for my rental property. I did the math with my Loan officer. I’m going to put down 20% . One tenant pays my mortgage, one tenant be for cash flow maybe 7-900 / month
Yes, the gift of teaching is unique and you should the world would be better off if everybody had money not just the one percent that means billions of more people spending money
Would love to see one, and also how/if there is a way to leverage that Quadplex as leverage somehow to acquire a second rental property. I know the answer to this should probably be obvious to a lot of people, but I'm young and inexperienced, but most of all curious!
I really like these videos because it shows you how to make money where a lot of people don't know how to I need to talk to this guy cuz I was thinking about this but I've never had a mentor
I would love to see a break down video.
The video is up now.
@@edwardcollins_upleveledlink ?
@@edwardcollins_upleveledis there an explanation of the risk involved?
Absolutely break it down. How can you find 4plexes?
I would love to see the video
Please do a video on the entire process
Look for different points of view too…
Yes, a break down of this on a UA-cam video would be fantastic 👏💯
Yes, that would be great.
Yes please break this down for us. Thanks in advance
A break down please and thank you ❤
Is this only in America or in Europe as well?
I’ve heard this before, but there are many excuses they’ll use to deny the loan. Some that I’ve heard “it hasn’t been rented with no vacancies for two years” and “we take 30% of the gross rents from your net income on your taxes”. One loan officer told me her dad is a landlord and faces the same issues. DSCR loans are more expensive, but they’re easy as long as you can show that it’s a solid deal.
I’d like to know more about what you’re saying. Not many people seem to be talking about it
@@ethanknoth8715 Hi Ethan, what did you want to know?
Yes please
Do it up, sir. This is something I want to learn
Break it up and down.
Great shorts. I just found you on my feed a few days ago and each short was excellent.
I've liked and subscribed.
I’d love to see a breakdown going into detail on how to actually be able to purchase a property that will guarantee other tenants
I love your stuff! Thank you for your Service, as well as your expertise!
Yes. I need this
Yes. I would love to see the breakdown of this video
Yes I would love that
Yes, please break down this process in simple terms
Yes would love to see your breakdown.
Yes definitely do it
Yes I love to learn the breaking down process and how to implement it please
Yes! Break this down!
I'd love to see the details broken down. Planning to buy, but have the feeling rental property first would be best.
The video is up. Let me know if it helps.
Yes.
Yes
Yes please!
Yes I would
What about the expenses in between the tenants and all the maintenance?
What do you need to get started
Yes please.
Yes I can wait to see it
Yes, break it down!
Break it down
Yes please 🙏
Yes break it down😊
YES
Good luck. The rents don’t add up to the threshold of the 75% so 75% of the gross rents of the 4 units need to be greater than the monthly payment and that’s rare to find in a lot of places. Also you have PMI attached to the FHA loan until you refinance.
Yes please break down the process
A breakdown would be awesome!
Yes!
I am planing to buy a duplex for next year for my rental property. I did the math with my Loan officer. I’m going to put down 20% . One tenant pays my mortgage, one tenant be for cash flow maybe 7-900 / month
Yes. You are awesome
Greetings. Yes please break this down in a full length UA-cam video. Thank you!
Yes MORE!
Yes Break It Down 💪🏼
Yes please break it down!!
Yes, please
YES I would love it and be thankful if you could please break it down for us, thank you.
Please do this! I would love to learn.
I would love to see that too
Yes 🙋🏻♀️🙋🏻♀️🩵🩵 definitely do a UA-cam
Absolutely. Maybe even how it works in Canada? I'm Canadian.
Yes please, break this down!
Any links to the breakdown?
Yes break it down
Yes, the gift of teaching is unique and you should the world would be better off if everybody had money not just the one percent that means billions of more people spending money
Yes please 🎉
Yes sir
Very interesting
Would love to hear your take on how to do it!
YES. I’ll even buy it.
Link?
Yes please!!!
I would like to see that break down 👏
Check it out on my channel. Is up now.
Has he made the video yet? Any links to it?
Yes, please break it down
I would love a break down!
Yes...please
That was the plan when I was buying back in 2021 but very few, if any, sellers were accepting FHA/USDA.
Yes yes 😮
Absolutely
Yes please help us out 😊
Yes, break it down. Please break it down.
Would love to see one, and also how/if there is a way to leverage that Quadplex as leverage somehow to acquire a second rental property. I know the answer to this should probably be obvious to a lot of people, but I'm young and inexperienced, but most of all curious!
Break down would be awesome to see
Yes please break this down...
Yes, can you break the process down
Yes please break down
Definitely
I really like these videos because it shows you how to make money where a lot of people don't know how to I need to talk to this guy cuz I was thinking about this but I've never had a mentor
Yes please break this down
Do it!!!! 🎉
Yesss please my man
Yes, break it down.
Of Course. The video is up now.
I would live a break down. Please send link.
Yes breakdown video please
Yes do the video.
Break it down my man!
Please break it down for me I want to try this now ?
Yes do a video
What are the insurance costs you incur with a multi unit like that? Does it still pencil out?
Yes break down
Yes give us the blueprint
Pls
I need more information please I want to get into this
Yes please. Would be great if you can break it down
Yes, I would love to see a break down.
Yesss break it down please!!
Kindly post the link of reference videos in your comments
YES!!! Please let us know!!!
The video is finally up. You can find it in my channel.
Please break down this scenario
Please cover this topic in details thank you.
yes please break it down
Yes I would love a break down of the video