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DSCR, acronyms and successful investors | Paul Garwol
Manage episode 435810727 series 3367388
Sisällön tarjoaa Jeramie Worley. Jeramie Worley tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
We're covering two major things in this episode today. One is the overall pulse of the nationwide short-term rental market and the second thing is the availability of a DSCR loan and how it can help you make some phenomenal moves.
Without affecting your personal credit. DSCR stands for debt service coverage ratio when it's a loan that you don't need your income to qualify for. There's a lot to it, but to help me with this conversation, I've brought in one of the top minds in the DSCR space. A guy who does these loans for investors all over the country, Paul Garwol, with Garwol financial.
Paul's a rare find. I have conversations with lenders nearly every week, but very few of them who get it, which means that they understand the loan process from the investor's perspective - the ones who are not just slinging loans for volume and a bonus. They become someone that you can't do business without, an advisor, someone who's watching your back to make sure that your loan is going to go through.
Paul is very smart and he cares deeply for his clients. He advises at times to give you an edge when negotiating and he'll cover some specific examples of this and insights on which markets around the country are very hot for the short-term rental deals.
Lastly, we talk about what Paul calls deal killers. These are things that may come up in the property that will stop a deal dead in its tracks before it even goes to an underwriter. These things are good to know before you start shopping with the real estate agent.
So listen closely, I know you'll learn.
Link to Special Guest:
https://www.linkedin.com/in/paulgarwol/
For Video versions of podcast:
https://youtube.com/@worleyrealestatenetwork
Connect with Jeramie and our business
https://www.linkedin.com/company/worleyrealestatenetwork
Copy of Jeramie’s Book, Workbook or Audiobook
https://worleyconsulting.textretailer.com/qc/tlkA3RcG9W
Link to our website
https://worleyrealestatenetwork.com/
For a free trial to the best investment grade Short Term Rental Data tool for locating the best deals out there and to help Investors and Agents achieve mastery in their real estate business:
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