Welcome back to the Real Estate Investing School Podcast. In this episode, Joe sits down with the man who has all the answers, Jeff Welgan. Jeff is an experienced mortgage broker who practices in 49 of the 50 states. If you have any questions about leverage (we know you do) this episode is for you!

Joe and Jeff discuss the power of leverage in real estate investing and the importance of understanding how to leverage debt wisely and creatively. They also get into the details of various loan programs, including down payment assistance options for first-time homebuyers, financing options for primary residences, and the 10% and 15% down payment options.

The two also discuss scaling up with non-conventional loans and the importance of strategic tax planning to balance tax write-offs and loan qualification. Additionally, they touch on using bank statements to qualify for a loan and various loan options for real estate investors. He explains the business bank statement loan, which allows individuals with commission-based income to qualify for a loan using their bank statements. He also introduces the asset qualifier loan, which uses liquid assets to qualify for a loan instead of documenting income.

Jeff further discusses cross collateralization, where multiple properties with equity can be used as collateral for a loan. He shares his personal experience with real estate investing and emphasizes the importance of learning from mistakes and paying it forward. 

Having a hard time finding deals in today's market or have more questions about lending? Book a free one on one strategy call with one of our experienced real estate coaches with the link below to see how we can help you!

Show Links:

Book a free real estate investing strategy call! No experience necessary.

Check out the Real Estate Investing School Youtube

Real Estate Investing School Instagram

Brody’s Instagram

Joe’s Instagram

Jeff's Instagram

Book a Call with Jeff