Simple Passive Cashflow Podcast

Fannie Mae/Freddie Mae Loans currently at 10 loans or 10 golden ticketsSome Credit Unions have portfolio loans but its all going back to the GovernmentAs of 4/2017 - 0 to 6 rentals is in one book (guidelines) 7-10 is in the other book1) Credit Score - 720 or greater in spots 7-10 2) Assets - Liquid and Non-Liquid for downpayment (must be sourced and seasoned 2-months liquid) and cash reserves needs 1-6 liquid or non liquid for subject property needs to show 6 months PITI plus 2 months for each other property in additiona. For property 7-10 you need 6 months PITI for all properties3) Dept to Income (DTI) - 50% We get to use 75% of the supposed rents as income in DTI LOE - Letter of ExplainationPrice adjustments30 day rate lockTiming the appaisalPortfolio loansDelayed Financing#LaneHack #JustTheTipLooking for a passive fund that invests in distressed notes?SimplePassiveCashflow is proudly sponsored by www.investinahp.comTime is the most important resource! Email Lane@simplepassivecashflow.com for a free 10-hour