Attention Investors: Finding the dollars
Wanted to let everyone know I’ll be speaking in front of a group of investors in Kalamazoo, Michigan on August 27th. If you are thinking about buying a rental property or looking to expand your portfolio this would be a great opportunity to not only learn more about the mortgage guidelines and process, but also network with a group of local landlords.
Here are some highlights of what I will discuss:
- Preparing for the next purchase – What the lender is looking for
- Tips and tricks to qualifying
- Low down payment options on nonowner occupied homes
- Renovation options for investors
- The real Fannie Mae guidelines
- Learn about a low down payment 2 – 4 unit owner occupied renovation government back mortgage program
- Cashing out equity on a current rental to purchase more properties
A little more about this group. The organization is called KARHA-IEN and you can find out much more about rental properties on their website www.karha.com
Hope to see you at this meeting!
GUEST WELCOMED!
TUESDAY August 27th, 2013 at
5225 Portage Rd
Portage, MI 49002
6 PM DINNER AND 7 PM MEETING START
Latest Blog Post
HOW TO PROTECT YOUR MORTGAGE RATE WHEN CLOSING GETS DELAYED
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Are you under contract on a home with an expiring rate lock? Need a rate lock extension?
Yesterday, a buyer called me in a total panic. They locked in their mortgage interest rate 30 days ago while shopping for a home near the Westwood neighborhood. Everything moved along fine until the seller asked to push closing back by ten days to finish clearing out their garage.
The buyer asked me, “Jeremy, if our rate lock expires before we close, will our interest rate jump up? Will our monthly payment go through the roof?”
I told them straight up: “Take a deep breath! An expiring rate lock will not ruin your deal, and you will not lose your low rate!”