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Investing In Real Estate With No Income? (Mortgage, Marketing Monday) | Wake Up Real Estate 1/9/24

Motivation to Start the Week

Happy Monday! Today we’re diving into motivation, marketing, and mortgages. Ryan is out traveling, but Jordan is here with me. We’ll kick things off with a bit of motivation. Remember, champions always go the extra mile!

Investing in Real Estate with No Income

Understanding DSCR Loans

Now, let’s talk about something interesting: investing in real estate without traditional income verification. With Debt Service Coverage Ratio (DSCR) loans, it’s possible to leverage the income from the property itself.

Requirements for DSCR Loans

To qualify, you need to be creditworthy and have capital for the down payment. The minimum credit score varies, but generally, it starts around 620. Additionally, you need to ensure the property’s income covers the mortgage payment.

Defining a Solid Income-Producing Property

A solid income-producing property means the rent covers or exceeds the mortgage payment. Typically, a ratio of 1:1 or higher is desirable. This ensures the property generates enough income to support itself.

Exceptions to the Rule

In some cases, properties may have a lower ratio, but with a clear strategy to increase income or significant equity, exceptions can be made. However, it’s essential to aim for a ratio of at least 0.75 to minimize risks.

Marketing Opportunities with DSCR Loans

Presenting Opportunities to Clients

As a real estate agent or mortgage broker, you can use DSCR loans as a marketing tool. By identifying suitable properties, you can present investment opportunities to your clients, showcasing the benefits of real estate investing.

Reverse Engineering Deals

Instead of waiting for clients to find properties, reverse the process. Identify lucrative deals and present them to your clients, initiating conversations about real estate investments.

Utilizing Social Media for Outreach

Short-form video content on platforms like TikTok and Instagram can attract potential clients. By showcasing investment opportunities and educating your audience, you can generate leads and expand your business.

Exploring Further Opportunities

Deep Dive into DSCR Loans

Tomorrow, we’ll delve deeper into DSCR loans, providing specific examples and highlighting various programs and products available. We’ll also discuss how these loans can be used for refinancing and second mortgages.

Consider Dual Licensing

For those looking to expand their revenue streams, dual licensing in real estate and mortgages can offer additional opportunities. Our RELO program provides a pathway to explore these options further.

Upcoming Events

Join us for Texting Tuesday and our Zoom session tomorrow, where we’ll continue our discussions on real estate investing and marketing strategies. Don’t forget our Mastermind session on Wednesday, where we’ll cover short-form video content creation.



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