Financing Strategies for Investors & First-Time Home Buyers w/ Chris Mason

WHEN: Sunday, June 23rd 4:30 - 6:30 PM

WHERE: Abio Properties, 4200 Broadway Ave Oakland, CA 94611

WHAT:

Chris Mason, investor-friendly mortgage broker and BiggerPockets moderator, will discuss loan basics and creative financing strategies that help investors - experienced or new - succeed in the Bay Area Market. From VA multiunit purchases to co-buying, Chris makes it happen.

Chris will walk us through some tricky scenarios he has encountered, and we may cover the following in his presentation:

• Lender overlays, & how they can impact your mortgage options if you give up the first time a specific lender says "no."

• New landlords using rental income to qualify for 2 - 4 unit properties.

• People teaming up to purchase a property (Co-Buying).

• Taking a HELOC for a second property purchase.

• Fannie Mae loans to entities, probate, and revocable living trusts.

• Freddie mortgages for (some) self-employed persons based on one year of tax returns (and why you shouldn't lie to the IRS about your income).

He's also excited to answer your tricky investor questions, such as the following:

• How do I count rental income from a single family residence with a granny unit?

• Can I use rental income as mortgage-qualifying income, even if from a property I do not yet own/that does not appear on my tax returns?

• I have $10K in the bank. What are some realistic options?

• Can I really use the BRRR Strategy in the Bay Area?

• How do I use AirBnB income as mortgage-qualifying income?

ABOUT YOUR SPEAKER:

Chris Mason is a mortgage broker at America's Home Loans (www.eastbaysmortgagebroker.com/about-us). He's also a marine veteran, a UC Berkeley grad, and a BiggerPockets' rockstar and moderator, with over 7,500 posts.