As many of you know figuring out the lending side of real estate investing can be the toughest and most complicated part. Today more than ever financing can be very complicated and expensive. Whether you are looking to buy a personal home or investment property, understanding what loan products are available and the cost of those loans is important.
For this great panel we are going to have local hard money lender, Sean Blomquist, with Pine Financial talk about the loans they offer and common mistakes investors make using hard money.
Sean will be joined by Howard Bailey with edge home finance. Howard is a mortgage broker which means he can shop loan products and interest rates. This is important as it means they can often find you the cheapest rate and the best loan product for what you are looking for.
Our third lender is George Pegg. He operates a Minnesota mortgage branch at Cross Country Mortgage and they also have branch locations in IL, NC and FL. Since they lend in all 50 states they frequently work with investors purchasing all over the country. His team member Stephani is a 20+ year underwriting expert and is one of the country's foremost loan structuring experts and his team is very well versed in investing and investment loan products. Some of the financing products they have available for investors are:
Bank statement loans
DSCR- unlimited # of financed properties
Reduced documentation
Fix and flip investment products
Renovation loans
ITIN loans for borrowers with no SS#
This is going to be a "can't miss event"! There will be a lot of knowledge and experience in the room, you can't miss out on this. I look forward to seeing everyone there!