Even if you own your primary home free and clear if you do not plan to live full time in your 2nd home you cannot claim it as a primary residence on the mortgage.

If you get a loan for an owner-occupied loan is that you need to plan to stay in the property for a  year.

3 boxes or choices when getting into a loan

1-Owner Occupied

2- 2nd home

3-investment

When you are working on getting into investment properties here are some things not to do.

Do not get a loan for an owner-occupied property.  You may pay a bit more, but you will stay out of jail.

Creating your own retirement with rental properties.  How do we make that jump?  What are my options? Using your equity to make that jump.

Most real estate professionals do not invest in their own retirement.  We get so busy working that we don't stop to look at what we can invest in with real estate.

New Update:  Castle & Cooke are now National Sponsors for Cheryl and her Dynamite Productions due to their core values lining up.

Unmet expectations | dealing with difficult situations--don't assume or accuse.

The loan estimate is just that--an estimate. Several things come into play with this including changes to the purchase price and whether closing costs are included or not,

Another segment on TRID.  Today we are talking about APR,  Some agents get this wrong.  APR is not the same as the interest rate.

Cheryl and Clay talk about when the 3-day clock for settlement must restart.  When the APR goes up by a certain amount.