Matt Porcaro

He's going to fumble over it. He's going to make mistakes. He's going to really just give you a problem with your asset. The 203kway.com slash lender. You go there, fill out a quick form, say what market you're in, what you're, you know, a little couple other questions. We'll put you in contact with a lender that's in your market that specializes in these loans and does them day in, day out.

He's going to fumble over it. He's going to make mistakes. He's going to really just give you a problem with your asset. The 203kway.com slash lender. You go there, fill out a quick form, say what market you're in, what you're, you know, a little couple other questions. We'll put you in contact with a lender that's in your market that specializes in these loans and does them day in, day out.

You know, one of the cool things too is like you could wrap in like damn near all your closing costs. Like all my students, all the people I work with, like when I say three and a half percent down, I get three and a half percent down. So Anyone that's quick with math, right? When I said $9,500 on a $350,000 loan, that was my first deal.

You know, one of the cool things too is like you could wrap in like damn near all your closing costs. Like all my students, all the people I work with, like when I say three and a half percent down, I get three and a half percent down. So Anyone that's quick with math, right? When I said $9,500 on a $350,000 loan, that was my first deal.

Anyone that does math and is like, you know, not one of me, but people that are quick with math, they'll be like, well, that's actually like 2.5% or 2.7%. How'd you, what's that? I got a full 6% seller's concession back at closing. So you could get 6% back at closing month with FHA of the purchase price. My 6% seller's concession overpaid my closing costs. So I got a check back at closing.

Anyone that does math and is like, you know, not one of me, but people that are quick with math, they'll be like, well, that's actually like 2.5% or 2.7%. How'd you, what's that? I got a full 6% seller's concession back at closing. So you could get 6% back at closing month with FHA of the purchase price. My 6% seller's concession overpaid my closing costs. So I got a check back at closing.

I was actually supposed to lay out like another couple grand. Instead, that money came back to me. So my net out was $9,500. Because you're able, again, when you find a good deal, you do all this stuff. You could wrap in all your closing costs.

I was actually supposed to lay out like another couple grand. Instead, that money came back to me. So my net out was $9,500. Because you're able, again, when you find a good deal, you do all this stuff. You could wrap in all your closing costs.

process like i've done this 16 years i'm still going to call you and say hey dude i think i'm going to do this thing yeah help me make sure i'm buying the right type of home i'm getting the credits i need that i'm getting them max the tenants and the foundations of real estate investing are the same but it's the nuance of the loan itself and how it operates is where i come in and specialize in because i know how to pull every lever in the process right i've helped hundreds of people do this and like i know where to push the button where to pull to get the most keep as much money in your pocket as possible where to

process like i've done this 16 years i'm still going to call you and say hey dude i think i'm going to do this thing yeah help me make sure i'm buying the right type of home i'm getting the credits i need that i'm getting them max the tenants and the foundations of real estate investing are the same but it's the nuance of the loan itself and how it operates is where i come in and specialize in because i know how to pull every lever in the process right i've helped hundreds of people do this and like i know where to push the button where to pull to get the most keep as much money in your pocket as possible where to

where to leverage and pull the most out. The other cool thing, like we're talking about finding a good deal, and that's obviously the most important part of any real estate investing endeavor, right?

where to leverage and pull the most out. The other cool thing, like we're talking about finding a good deal, and that's obviously the most important part of any real estate investing endeavor, right?

The coolest thing about this is because you're putting so little out of pocket, because you're paying such a lower interest rate than a typical investor using like a DSCR loan or something like that or an end buyer, The deals pencil out easier. Yeah. Like, you know, I call it the Goldilocks zone.

The coolest thing about this is because you're putting so little out of pocket, because you're paying such a lower interest rate than a typical investor using like a DSCR loan or something like that or an end buyer, The deals pencil out easier. Yeah. Like, you know, I call it the Goldilocks zone.

You're basically playing in this in this in this part of the market where like you can you can afford more than like a flipper or a wholesaler. But you're not playing with the retail buyers because retail buyers are looking for move and ready stuff that's going to pass inspection. Right. You can go on the MLS and everything that's in as is condition and stuff.

You're basically playing in this in this in this part of the market where like you can you can afford more than like a flipper or a wholesaler. But you're not playing with the retail buyers because retail buyers are looking for move and ready stuff that's going to pass inspection. Right. You can go on the MLS and everything that's in as is condition and stuff.

They say like cash only like you can purchase all of that. Yeah. Really, the only thing with the condition is it needs to be some existing structure of some kind. There's no such thing as too messed up of a property. There's also no such thing as too nice of a property. You could get a house that's moving ready, totally financeable.

They say like cash only like you can purchase all of that. Yeah. Really, the only thing with the condition is it needs to be some existing structure of some kind. There's no such thing as too messed up of a property. There's also no such thing as too nice of a property. You could get a house that's moving ready, totally financeable.

But if you want to renovate the kitchens and bathrooms, and as long as the loan to value works out, you could do that too.

But if you want to renovate the kitchens and bathrooms, and as long as the loan to value works out, you could do that too.