Ever wish you could sit down with a lender and get the real story on what makes or breaks a deal?
Well, one of our founders, Rick Rall, did exactly that with Tim Jones from Foreclosure.com —and the conversation is packed with insights you can actually use.
Rick breaks down the Fix, Refinance, Rent strategy and offers his honest perspective from over 22 years in real estate lending. No sales pitch, just straightforward guidance on what works, what doesn't, and why.
Here's What You'll Learn:
What Lenders Actually Evaluate
Rick walks through the four critical factors in loan approval: cash reserves, credit score, experience level, and realistic ARV projections. Spoiler alert: cash reserves matter more than most investors think. He recommends having 10-15% set aside for contingencies—because something unexpected will happen.
How DSCR Loans Work
After renovation, investors can refinance into long-term DSCR (Debt Service Coverage Ratio) loans that qualify based on the property's rental income—not your tax returns or W-2. This is particularly valuable for self-employed investors and those scaling multiple properties.
The Biggest Mistakes (And How to Avoid Them)
Rick doesn't sugarcoat it. He outlines the pitfalls he sees regularly: inadequate contingency budgets, timeline miscalculations, credit issues during renovation, and waiting too long to list the property. His advice? "You're not living there. Get it listed. Get it rented. Get the cash flow moving."
Why 2025 Favors Rental Holds
Rick shares his market perspective on why many investors are choosing to hold properties for rental income rather than flipping—including the benefits of consistent cash flow, long-term equity growth, and more favorable tax treatment.
What's the Deal with 50-Year Mortgages?
The conversation also touches on emerging financing options, including 50-year mortgages, and how they might impact investor affordability and deal structure going forward.
🎬 Watch the Full Interview:
Fix, Refinance, Rent: Step-by-Step Loan Strategy for Investors
Whether you're evaluating your first investment property or expanding an existing portfolio, this interview offers actionable guidance on deal structure, financing options, and real lender expectations.
Have questions about your specific project? Reach out to your loan officer or call 888.444.3160 to be put in touch.
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