Many individuals choose to rent properties, whether it be for their personal residences or business premises. While this may initially appear cost-effective, it can have detrimental long-term financial implications. Essentially, you are indirectly paying a mortgage. It is time to break free from this cycle and invest in your own residential or commercial property. This show is designed to guide and empower you in strategizing and actualizing Your Real Estate Life.

Discover a wealth of knowledge on real estate – whether you're just beginning, advancing, or expanding your portfolio. This radio program dives deep into the toughest questions, covering lending programs, interest rates, financial literacy, economic trends, and more. Equip yourself with the insights to become an informed decision-maker when it comes to your most valuable assets. Join us on the forefront of property ownership and unlock your potential.

Maximize your financial decisions by adopting the right approach when entering a 30-year loan and purchasing property. Learn how to convert debt into wealth efficiently, without compromising your lifestyle, resorting to refinancing, or jeopardizing your well-being. Uncover smart strategies to reduce unnecessary payments to lenders and responsibly eliminate debt. You deserve the best in life; don't compromise your safety for real estate victories.

This radio program serves as your guide to identifying red flags that plague the market. Carelessness could lead to unmanageable loans or crippling interest rates. Equip yourself with the knowledge, tools, and resources to navigate the unpredictable waters of property acquisition. By being well-educated about the industry, you can protect yourself from exploitation. This show ensures that you have everything you need to thrive.

Meet Michael A. Harris, your radio host with more than 38 years of lending experience. He is the President and CEO at the United Mortgage Corporation of America, a direct lending mortgage banking company operating and originating loans in California, Colorado, Montana, Texas, and Washington. Michael is passionate about helping others achieve financial comfort within their own homes. He tirelessly serves clients by eliminating years of mortgage interest. As a Senior Director and Certified Field Trainer at United Financial Freedom, Michael has found a calling guiding families towards a debt-free life.

In this radio program, Michael imparts invaluable advice, financial insights, and practical resources for effectively managing your loans and transforming debt into wealth. While he may not have authored the lending programs you're currently enrolled in, his objective is to enlighten you on proper repayment strategies. And though he is not a certified public accountant, attorney, estate planner, or realtor, he can connect you with top-notch professionals through his extensive business network, ensuring you receive the best possible assistance.

The economy is a dynamic and ever-evolving landscape. Oftentimes, you'll encounter numerous external factors beyond your control or be faced with challenging questions that put your knowledge to the test. However, amidst these challenges, there are still opportunities to secure your real estate future.

Start saving time and money today on your purchase or refinance with the perfect interest rate and plan for you and your family. Discover how to navigate the confusing loan selection and acquisition process to meet your unique needs. Break free from the grip of your landlord and start building equity through home ownership of your own. When it comes to finding your dream neighborhood and elevating your financial status, it is crucial to have all the support you can get. Find it all in this enlightening radio program right now.

Investment loans in the following additional states except: ND, NV, SD, and VT.

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Have you ever wished to get around the entire ‘saving for a down payment’ process and just move straight into your dream house? While you have been searching for the key under the sofa cushions to pay off hefty loans, DSCR loans could be the silverware you’ve been look­ing for. But sit back and relax before you jump in and throw away your piggy bank. Let us take a look deeper into this odd loan type and see if it’s the real deal or just another fairy tale.

However, it is worthy of note if one can actually secure a DSCR loan with a 0% down payment. So, it is high time we moved deeper into the realm of DSCR loans and talked about homeownership with a 0% down payment scenario.

DSCR Loans  The Down Payment Myth

In this episode of "A Canadian Investing in the US," host Glen Sutherland interviews Chris Micucci, a college professor and real estate investor who began investing just over three years ago. After taking Glen's class, Chris quickly seized an opportunity presented in an email and bought his first property. Since then, he has engaged in various investment strategies, including flips and the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, and has transitioned into lending as a Canadian mortgage agent working with American lenders.

Chris emphasizes the importance of taking action in real estate investing, highlighting that many potential investors fall into analysis paralysis. He believes that success comes from actively engaging in the market and learning through experience. The conversation then shifts to the lending landscape for Canadians investing in the US. Chris outlines how lending practices differ between Canada and the US, emphasizing that in the US, the rental income generated by a property is the primary factor for mortgage qualification, rather than the investor's income or credit score.

Key points discussed include:

The significance of having a solid team and the importance of networking in the real estate industry.

The various types of loans available in the US, with a focus on purchase loans and how property vacancy can impact loan rates.

The necessity for proper documentation and organization when applying for loans, as well as the importance of understanding property value before making purchases.

The benefits of using a lender for investment projects, as they provide oversight and protection during renovations.

Chris also advises potential investors to consider hiring a coach to navigate the complexities of US real estate investing or at least work closely with knowledgeable lenders. The episode concludes with Chris sharing his contact information for those interested in exploring lending options for their investment properties.

EP365 From Flips to Financing: Hidden Strategies f/ Canadians Investing in the US with Chris Micucci

Helping anyone invest in the U.S. real estate market from anywhere!

New tracks tagged #dscr