• EP 8: Interest Only Loans For Rental Properties And The House Hacking Method [Steven Rapalo]

  • Apr 15 2023
  • Length: 47 mins
  • Podcast

EP 8: Interest Only Loans For Rental Properties And The House Hacking Method [Steven Rapalo]

  • Summary

  • If you're in South Louisiana and you're getting into real estate investing, or if you’re already an experienced real estate investor in South Louisiana, have you heard about interest only loans for buy and hold investors? Talk about CASH FLOW! Have you heard about DSCR loans? Whatever your real estate investing strategy is, you should find value in this episode of the Living in South Louisiana Podcast. My buddy, Steven Rapalo is my guest on today’s show. He is a licensed mortgage broker in multiple states and I brought him on to share some of his knowledge about loans for real estate investors in South Louisiana. Whether you are a new real estate investor, or you’ve been in the real estate investing game for some time now, know that we’ve got your back and we speak your language. Enjoy the show! 🤔 Thinking about Investing in South Louisiana? 📱Call or Text: 985-276-8160 🏠 See what’s on the market!! https://bit.ly/3zkIMEi 📨 Email: richlivingpartners@gmail.com 📆 Zoom: https://bit.ly/3PMtrDBi 📷 INSTAGRAM: instagram.com/livinginsouthlouisiana 📺 MAIN YOUTUBE CHANNEL: youtube.com/@UCXM5eKduPddkptmjw_cUMkw Contact Steven: 📞 Phone: (985) 231-8588 📧 Email: srapalo@reliantapproval.com 0:00 - Intro 0:53 - Introducing Steven 2:05 - Should You Worry About Interest Rates As An investor? 4:00 - The Difference Between Assets And Liabilities 7:45 - The Difference Between A Mortgage Lender And Mortgage Broker 10:48 - Most Common Loan Products 11:43 - The House Hacking Method 17:20 - How DSCR Loans Work 20:00 - Interest Only Loan For Rental Properties?!!? 21:51 - The 4 Ways You Make Money in Real Estate 25:30 - What is A Good Cash on Cash Return? 26:45 - What Makes A Good Deal? 27:30 - Steven's Air BNB Strategy 29:44 - What You Should Do Before Buying An Air BNB 32:45 - Loan Products For Self-Employed Home Buyers 34:15 - Why It's Ethical To NOT Pay Taxes 37:40 - Tax Strategy Should Be Planned Ahead 39:11 - Loan Product For If You Show A Loss On Your Taxes 43:14 - What Is The Best Loan For Investors? Any Why? 46:42 - Outro Be sure to share this podcast with people that you know would enjoy it!! #realestateinvesting #househacking #realestateinvestor #southlouisiana

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