October 27, 2023

Preparing to Get Mortgages

31 minutes

So, you’ve decided to invest in real estate and know that you’ll need a mortgage to buy property.

There are some things you should do BEFORE you apply for your mortgage. You should be thinking about these things ideally for multiple years before you try to get a mortgage.

In this mini-class, we will discuss the preparation you should do before getting a mortgage and how to make the process faster, better, and easier, especially if you plan to buy more than one property.

Check out the video from this class here:

Preparing to Get Mortgages - Video

In this class, James discusses:

Knowing your qualification requirements from your lender

Getting a loan when you're self-employed

Don't be penny-wise, pound-foolish

Knowing and improving your credit score (one way to maximize cash flow)

Understanding Debt-To-Income and using it to your advantage to maximize cash flow

Saving money preparing to get mortgage (and uses of that money to make sure you optimize cash flow)

A list of often requested document when applying for a mortgage

Organizing your files to be prepared for applying

Plus much more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Los Angeles real estate investor podcast? Book a free consultation to discuss.

...more

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By James Orr

22 ratings

October 27, 2023

Preparing to Get Mortgages

31 minutes

Preparing to Get Mortgages

So, you’ve decided to invest in real estate and know that you’ll need a mortgage to buy property.

There are some things you should do BEFORE you apply for your mortgage. You should be thinking about these things ideally for multiple years before you try to get a mortgage.

Check out the video from this class here:

Preparing to Get Mortgages - Video

In this class, James discusses:

Knowing your qualification requirements from your lender

Getting a loan when you're self-employed

Don't be penny-wise, pound-foolish

Knowing and improving your credit score (one way to maximize cash flow)

Understanding Debt-To-Income and using it to your advantage to maximize cash flow

Saving money preparing to get mortgage (and uses of that money to make sure you optimize cash flow)

A list of often requested document when applying for a mortgage

Organizing your files to be prepared for applying

Plus much more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Los Angeles real estate investor podcast? Book a free consultation to discuss.

...more