{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"SPC052 - Caeli Ridge - Financing Single Family Homes with Govt Subsided Fannie Mae/Freddie Mac Loans","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/596ee8b36b3475a168b0d8f5/1505809969797-b8a0455998b33f1042d1d80eac56474e.jpg?height=200","description":"Fannie Mae/Freddie Mae Loans currently at 10 loans or 10 golden tickets\nSome Credit Unions have portfolio loans but its all going back to the Government\nAs of 4/2017 - 0 to 6 rentals is in one book (guidelines) 7-10 is in the other book\n1) Credit Score - 720 or greater in spots 7-10 \n2) 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 properties\n3) Dept to Income (DTI) - 50% \nWe get to use 75% of the supposed rents as income in DTI \nLOE - Letter of Explaination\nPrice adjustments\n30 day rate lock\nTiming the appaisal\nPortfolio loans\nDelayed Financing\n\n#LaneHack #JustTheTip\n\nLooking for a passive fund that invests in distressed notes?\nSimplePassiveCashflow is proudly sponsored by www.investinahp.com\n\nTime is the most important resource! Email Lane@simplepassivecashflow.com for a free 10-hour trial with the same VAs I use \n\nPlease leave a review? Or Share on Facebook! Please!\nhttps://itunes.apple.com/us/podcast/simplepassivecashflow.com/id1118795347\n\nSign-up Here for ‘Hui” Deal Pipeline Club: \nhttps://docs.google.com/forms/d/1gulyiaz7_gb8koqGl91bGPz-mdwlBVz-PcvXDOXOL5Y\n\nJoin a Social Club:\nSeattle: https://www.facebook.com/groups/SPCHUISEA/\nHawaii: https://www.facebook.com/groups/SPCHUI808/\nPortland: https://www.facebook.com/groups/SPCHUIPDX/\nBay Area: https://www.facebook.com/groups/SPCHUIBAY/\nSo Cal: https://www.facebook.com/groups/SPCHUISOCAL/\nEast Coast: https://www.facebook.com/groups/SPCHUIEAS/\nCentral USA: https://www.facebook.com/groups/SPCHUICUS/\n\nOnce you have gone through the majority of podcasts feel free to sign up for a chat! And be let into the Secret Hui Facebook Page.\nhttps://calendly.com/simplepassivecashflow/20\n\nLooking for mentorship/turnkey services/apprenticeship/partnership:\nhttps://docs.google.com/document/d/1K8jFe2GS6uJ5O3f1z8qNjMsSf6Vk4gH6zbfJjEumIQo\n\nSummary of every Simple Passive Cashflow Podcast: https://drive.google.com/open?id=1banG1R0TKhv_ji54tsZMbYJ8iikr9Ib103ZUeYse_ts","author_name":"Lane Kawaoka, PE"}