#3 - The Truth About The 10% Second Home Product

#3 - The Truth About The 10% Second Home Product

Author: Jeff Chisum December 7, 2022 Duration: 9:04
My loan officer said I couldn't do that! The truth from a pro about the 10% down second home loan

Hosted by industry expert Jeff Chisum, The STR Home Financing Podcast is a deep dive into the practical world of short-term rental property investment. Each episode moves beyond surface-level tips to explore the nuanced financial strategies that can turn vacation properties into a genuine legacy. You’ll hear detailed discussions on securing creative financing, evaluating profitable markets, and managing the complexities of building a sustainable portfolio. Jeff brings a straightforward, experienced perspective to conversations that are as much about building long-term wealth as they are about acquiring the next property. This isn't just theory; it's actionable advice drawn from real-world scenarios and challenges. For anyone serious about navigating the financial landscape of Airbnb, Vrbo, and other rental platforms, this podcast serves as an essential resource. Tune in for clear guidance that helps you make informed decisions, avoid common pitfalls, and systematically grow your assets. Whether you're contemplating your first purchase or looking to optimize an existing collection of properties, you'll find valuable insights in every episode.
Author: Language: English Episodes: 67

The STR Home Financing Podcast
Podcast Episodes
Ep #57 Interview with Gil Chan CEO & Founder of CraftedStays [not-audio_url] [/not-audio_url]

Duration: 12:00
I’m excited to be joined by a special guest, Gil Chan, the CEO and Owner of CraftedStays. In this episode, we’ll dive into how CraftedStays is providing simple, effective solutions for property owners looking to build di…
Ep #56 What Does the recent Fed Cut Mean For You [not-audio_url] [/not-audio_url]

Duration: 4:33
In today’s episode, we break down the recent Fed fund rate cut – the first since 2020! With the Federal Reserve lowering rates by 50 basis points, we explore what this means for the housing market, mortgage rates, and ho…
Ep #55 Have you had your annual personal fiscal exam? [not-audio_url] [/not-audio_url]

Duration: 8:40
In this episode, we explore why an annual mortgage review is crucial for every homeowner. As the financial landscape changes, so do interest rates, loan programs, and your personal financial goals. An annual review helps…
Ep #54 Mortgage Lane or Tax Lane with Ryan Bakke [not-audio_url] [/not-audio_url]

Duration: 20:16
In this episode, we're diving into the often confusing world of second home occupancy loans and how they intersect with IRS rules. Understanding the nuances between lender requirements and tax regulations can be tricky,…
Ep #53 Beware of DSCR Lender Advertising [not-audio_url] [/not-audio_url]

Duration: 12:03
Ever had a DSCR lender tell you that a DSCR loan will not report on your personal credit? Things you should know... I am always happy to jump on a call www.STRHomeFinancing.com
Ep #52 Transferring Title [not-audio_url] [/not-audio_url]

Duration: 8:28
Jeff explores the critical topic of title transfers, focusing on its implications for short-term rental property owners. He addresses common concerns about triggering the 'due on sale' clause when transferring property t…
Ep #51 Beware of Advertising [not-audio_url] [/not-audio_url]

Duration: 12:50
My favorite subject? Education clients on the true information around STR financing. In episode #51 I walk through a "marketing" piece designed to steer people towards DSCR. I blow up their efforts. I am always happy to…
Ep #50 Shopping For DSCR Loans [not-audio_url] [/not-audio_url]

Duration: 13:14
In Episode #50 we cover the key questions to ask when shopping for a DSCR loan Here are the questions I mentioned when interviewing a DSCR lender What are your rates, costs, fees and minimum down payment What ratios are…
Ep #49 DSCR Revisited [not-audio_url] [/not-audio_url]

Duration: 7:01
DSCR revisited! We walk through the basics of a DSCR loan and what it's used for I am always happy to jump on a call www.STRHomeFinancing.com
Ep #48 I Don't Want An Escrow Account! [not-audio_url] [/not-audio_url]

Duration: 5:34
Crossed the hurdle of verifying you have 80% loan to value with the mortgage servicer? Don't want an escrow account? In this episode learn the next step of taking control of paying your own taxes and insurance.