BiggerPockets | How to Avoid Getting Tricked by a "Low Rate" @biggerpockets | Uploaded June 2024 | Updated October 2024, 19 hours ago.
Find an investor-friendly lender for FREE: biggerpockets.com/findlenders
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Buy Ashley's book, "Real Estate Rookie"
store.biggerpockets.com/products/real-estate-rookie
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Should You Buy Mortgage Points?
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00:00 Choosing a Loan the RIGHT Way
05:11 Closing Costs vs Fees
08:53 Investor-Friendly Lenders
When considering a loan for real estate investing, it's crucial to look beyond a low interest rate. Key factors to evaluate include the down payment, amortization period, and whether the interest rate is fixed or variable. Additionally, customer service plays a significant role in the lending experience. It's vital to compare the closing costs and fees associated with various loan products, as these can quickly add up and impact your total cash needed to close. These considerations can significantly affect your overall investment strategy and financial success, and Ashley Kehr is here to walk you through everything you need to think about when choosing a lender.
Find an investor-friendly lender for FREE: biggerpockets.com/findlenders
Join BiggerPockets 👇
biggerpockets.com/signup?utm_source=owned_media
Buy Ashley's book, "Real Estate Rookie"
store.biggerpockets.com/products/real-estate-rookie
Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
Should You Buy Mortgage Points?
biggerpockets.com/blog/mortgage-discount-points?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Ashley on BiggerPockets:
biggerpockets.com/users/echopm
00:00 Choosing a Loan the RIGHT Way
05:11 Closing Costs vs Fees
08:53 Investor-Friendly Lenders
When considering a loan for real estate investing, it's crucial to look beyond a low interest rate. Key factors to evaluate include the down payment, amortization period, and whether the interest rate is fixed or variable. Additionally, customer service plays a significant role in the lending experience. It's vital to compare the closing costs and fees associated with various loan products, as these can quickly add up and impact your total cash needed to close. These considerations can significantly affect your overall investment strategy and financial success, and Ashley Kehr is here to walk you through everything you need to think about when choosing a lender.
