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Justin Colby

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
5315 total appearances

Appearances Over Time

Podcast Appearances

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

So I know people right now are probably feeling the same way I'm feeling. The best place for them to inquire more is just go hit you up on Instagram. Instagram is the best place. Now, is there any place that they can like...

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

apply or is there something that they can because i know i'm sitting here and i get the privilege of essentially asking the questions i want to know yeah but i'm sure these watchers and the listeners are like matt what the how do i know more how do i learn more so instagram yep 203k way the 203k way on instagram i've been posting consistently every day for six years on there and again my my

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

apply or is there something that they can because i know i'm sitting here and i get the privilege of essentially asking the questions i want to know yeah but i'm sure these watchers and the listeners are like matt what the how do i know more how do i learn more so instagram yep 203k way the 203k way on instagram i've been posting consistently every day for six years on there and again my my

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

100%.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

100%.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

I would really encourage that. I'm kind of asking questions like, hey, if I were ever to move, would this probably be a better strategy for me? Now, everything that we're seeing with loans, interest rates going up, whatever, which is not even that bad. People are making it way more than it needs to be. My 203k, the first one I did, I got like 6.5%. What do rates look like now for a 203k?

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

I would really encourage that. I'm kind of asking questions like, hey, if I were ever to move, would this probably be a better strategy for me? Now, everything that we're seeing with loans, interest rates going up, whatever, which is not even that bad. People are making it way more than it needs to be. My 203k, the first one I did, I got like 6.5%. What do rates look like now for a 203k?

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

This is why they don't want to work with you is because you can help navigate them where to go. So here's what I'll tell everyone listening to this, everyone watching this on YouTube. Make sure to reach out to Matt. If I were to use this, I would be calling him saying, hey, where do I go? What do I do? What lenders do I do? What app do I need to fill out?

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

This is why they don't want to work with you is because you can help navigate them where to go. So here's what I'll tell everyone listening to this, everyone watching this on YouTube. Make sure to reach out to Matt. If I were to use this, I would be calling him saying, hey, where do I go? What do I do? What lenders do I do? What app do I need to fill out?

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

The questions I'm having is how far down the path do I need to go before I start the process? Do I need a... just go get the approval first? Or do I need to go find a house first and then go make sure I get approved? Do I want to have an offer in on a house? Where do people start?

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

The questions I'm having is how far down the path do I need to go before I start the process? Do I need a... just go get the approval first? Or do I need to go find a house first and then go make sure I get approved? Do I want to have an offer in on a house? Where do people start?

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

I was just going to say, you guys better get this guy a sponsorship or something because this guy's pushing way over here.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

I was just going to say, you guys better get this guy a sponsorship or something because this guy's pushing way over here.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

100%.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

100%.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

Find the right deal. Now the caveat, you're going to live in this one, but find the best deal for you at the best price. And then the same thing, figure out where the end value is going to be. Make sure you are well under that. I would make the argument you want to be at 50% of the end value. So if you buy a million dollar home, you... Better hope that it's $2 million.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

Find the right deal. Now the caveat, you're going to live in this one, but find the best deal for you at the best price. And then the same thing, figure out where the end value is going to be. Make sure you are well under that. I would make the argument you want to be at 50% of the end value. So if you buy a million dollar home, you... Better hope that it's $2 million.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

100%.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

100%.

The Science of Flipping
The Power of an FHA 203K Loan [REPOST] | Matt Porcaro

That's the key. That's why I love this so much. If you're listening or watching this, you already have enough understanding of investing principles. You're interested in investing. You're just going to help them take that. Everyone reach out to Matt two or three K away, but like, because they need to learn more. They need to have someone like you to coach them through this.