First Deal Podcast

#11 - How To Properly Systematize Rehab Work


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The conversation delves into the significance of debt-to-income ratio (DTI) in loan approval, the impact of DTI on different loan types, and the importance of a simplified and detailed scope of work for effective communication with contractors.

Takeaways

  • Debt-to-income ratio (DTI) is a critical factor in loan approval
  • Different loan types have varying DTI requirements
  • Simplified and detailed scope of work is essential for effective communication with contractors

Chapters

  • 00:00 Understanding Debt-to-Income Ratio (DTI) and Loan Approval
  • 03:09 Navigating Loan Types and Financing Strategies
  • 05:58 Structing Finance Plans for Properties
  • 08:51 Building Effective Rehab Scopes of Work
...more
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First Deal PodcastBy Keith Gillispie