Yesterday was an amazing day. Ridge Lending Group has launched the world's first Certified Power Buyer® program for real estate investors. Along side t our clients, we have established the world's first Certified Power Buyer Association®. This new program merges decades of experience, the newest technologies, planning, resources, and partners with inventory ready and available to members of the association. 

This is different than any other offering available as it is a personalized long-term relationship and planning cooperative between real estate investors, a lender with a national footprint, and sources of real estate inventory across the entire country. We are confident that the levels of service, communication, and fulfillment are unmatched in the marketplace.

We believe that transactional relationships can work great for an owner-occupied or even a second home purchase. When it comes to real estate investing, however, we have found that the most successful outcomes are the result of solid planning, along with a team and the resources to support the plan. That is what the Certified Power Buyer Association® is all about.

If you are interested in joining the association and becoming a Certified Power Buyer®, please visit our website for more in formation and to take the next steps https://www.ridgelendinggroup.com/certified-power-buyer/

These are 5 questions Caeli Ridge has answered from the Ridge Lending Group community. Join our "Live with Caeli" calls each Tuesday beginning at 4:30 PM Eastern. If you are not part of the community, please click this link to join - https://community.ridgelendinggroup.com/share/DtT7DysUVUdTn8pi?utm_source=manual

Here are the 5 questions:
00:23 1. Which is a better investment for a new Real Estate Investor? One 16 unit building or 4 separate 4-unit buildings?
01:58 2. What are some steps to take to prepare for mixed use or commercial financing?
03:13 3. Can you help your tenant by reporting their rental payment history to the credit bureaus?
04:16 4. Will cash reserves help when income is low or DTI is high?
06:41 5. Does Ridge Lending Group only lend on 1-4 unit housing?

This is the replay for the Live with Caeli 2-22-2022 event hosted on the Ridge Lending Community. We covered all about using a non-income spouse or partner to qualify for their own financing. This includes Fannie Mae / Freddie Mac loans, Debt Service Coverage Ratio loans and more.

Join the Ridge Lending Group Community using this link - https://community.ridgelendinggroup.com/share/DtT7DysUVUdTn8pi?utm_source=manual

Live with Caeli - 2-8-2022 Replay

Live with Caeli - 2-1-2022 Replay

This was an event Larry Bailey hosted on 2-10-2022. This was to walk through ideas and experiences of how the 203k loan program works, as well as how it worked for me. 

Some good information is as follows:

• The Standard FHA 203(k) Mortgage may be used for remodeling and major repairs. There is a minimum repair cost of $5000 and the use of a 203(k) Consultant is required.
• The minimum credit score is 600
• Terms can be 10Yr., 15Yr., 20Yr., 25Yr., 30Yr. Fixed 5/1 Hybrid ARM
• 1-2 Unit Primary Residence
• Site Condominium
• PUDs
• Property must be an existing Property that has been completed for at least one year prior to the case number assignment date.
• A Property that is not eligible for a 203(b) Mortgage due to health and safety or security issues may be eligible under 203(k) if the rehabilitation or repair work performed will correct such issues.
• A Property with an existing 203(k) Mortgage is not eligible to be refinanced until all repairs are completed
• Maximum LTV/CLTV/HCLTV - • Purchase 96.50%• Rate/Term Refinance 97.75%
• HUD main link for all things 203k click here

Caeli Ridge goes into the details of the forms. You can find the actual forms on the Ridge Lending Group community article here -

Join us each week on Tuesdays for more Live with Caeli Ridge. Each Tuesday beginning at 4:30 PM Eastern.

Hello all - another great time with Caeli Ridge and everyone who showed up to interact and get their questions answered. Today, we covered how to create and manage your plan to be a Real Estate Investor. Caeli covered the basics with some dives into the activities it takes to stay on top of your portfolio.

Caeli Ridge explains what the new conforming loan limits are for 2022.

OK, my first topic.

What are the three primary benefits of real estate investing?

Now, most of you on this call are going to be very familiar with this. And I'll take just not a deep dive, but a quick dive into each one of these.

So residential real estate investing, generally speaking the top three: cash flow, appreciation and tax benefit.

This episode digs into each of these topics.