On this episode of the Investor Financing Podcast, join Beau as he discusses financing for short term rentals (STR). He talks about different terms, interest only options, pros and cons versus bank “conventional” financing. For more information on how Beau can help you scale your STR or rental business, book a call with him today at https://calendly.com/beaueckstein/str-lending
Meet Jens Nielsen, our special guest on today's Vinney & Beau Show.
Jens had a very successful IT career in his home, Denmark, before moving to the US to follow his dream and passion: Real estate investing.
Now, in less than 5 years, Jens has built a portfolio containing over 1,000 multi-family units!
Take 25 minutes out of your day to watch this. Not only will you be amazed at Jens' success, you will be inspired!
Jens immigrated from Denmark in 1996 and after a successful career in IT.
Jens followed his passion for real estate and coaching and is now a full-time real estate investor and Certified High Performance Coach. He is currently a direct owner or General Partner in over 1,100 apartment units around the country, valued at over $100M.
As a Certified High Performance Coach, Jens has coached over 50
clients to higher levels of success in their business and personal lives through strategy, accountability, and personal growth.
Jens makes good use of the skills he developed during his IT career and provides value to his team with a focus on underwriting, systems, capital raising, and rehab management.
During COVID Mike Fritz Acquired went from 13 to 300 Multifamily Units Learn How This Multifamily Investor Prospered During COVID
🔴 This episode of the Investor Financing Podcast is jammed packed with nuggets.
📈 Mike started investing in real estate 20 years ago. However, he knew he had to pivot during COVID, out of necessity.
💣 He blew up his business and went from 13 units to 300 in 15 months!
▶️ You are not going to want to miss this discussion to learn some tricks to help you make some moves.
💥 Thanks for watching 💥
In this episode, we dive into Foreign National funding options.
Our team of highly experienced professionals are experts in navigating foreign national credit and asset verification issues. Our loans fund on time and with a minimum of hassles.
What do you need to get a loan as a foreign national?
✅ Income verification letter from employer or CPA accepted
⛔ No tax returns required
✅ Foreign credit report allowed
✅ Foreign assets can be used as reserved
✅ Highly competitive rates
✅ Unsurpassed funding times
✅ LTVs up to 75%
✅ Cash out up to $500,000 and cash out may count towards reserves
⛔ No reserves required for LTV up 65% LTV and 3 months reserves required over 65%
✅ Various Visa types accepted
⛔ Visa not required if property is held in US domiciled company (a domestic agent of service is required)
🔴 In this episode of the Investor Financing Podcast, we discuss the importance of negotiating a partial release clause on blanket loans (also known as “”portfolio loans””).
❓ What is a partial release clause?
📝 A partial release is a mortgage provision that allows some of the collateral to be released from a mortgage after the borrower pays a certain amount of the loan.
💥 Thanks for watching 💥
Whether you own the property or not, learn how to profit from arbitrage: You can lease a property from the owner and rent it out for a higher price, earning a profit on the difference.
Today, we're back for another great interview with Al Williamson on Mid-Term Housing, aka Furnished Corporate Rentals (also called “Extended Stays”).
Listen or watch to learn how Al is crushing it in this space. He has many tricks up his sleeve to maximize profits – Less doors more cashflow!
To buy his book on how to work with VA's, go to https://amzn.to/3xgl8X5
To join his mentorship/coaching program, click here – https://investorfinancingpodcast.com/corporate-rentals