Two Steps are Better than None
October 31, 2019Bankruptcy isn’t the End of the Road
November 14, 2019What do I mean by a real mortgage advisor?
Let’s face it: if you’ve read any of my newsletters you’ve heard the horror stories I’ve been able to clean up. My industry is full of people that are under-experienced, and that’s putting it nicely!
To be a real mortgage advisor you need time. You need to close a lot of deals, experience the finance process for yourself on multiple levels, and you need to think outside the box in order to solve unique problems. You need to provide options, know what you’re working for, and it can’t be about the money. I could go on, but you get the idea.
Do you wonder how people acquire 20, 30, 40 properties?
They aren’t putting 20% down plus closing costs.
They aren’t buying homes with “cash.”
Don’t get me wrong, you can go that route, but you won’t acquire many properties — there just isn’t enough time and money for most people to do that. So how is it done? The few people that acquire significant amounts of real estate find a real mortgage advisor who supplies them with many options. I’ll tell you now, you are not limited to the likes of Fannie and Freddie.
If your mortgage advisor only provides you with limited options – it’s time to look for a new one.
You never know what life is going to throw at you. Get with a mortgage advisor that can walk you through it all.