Lending Options For Non-Owner Occupied Investors With Chris Puleo

Lending Options For Non-Owner Occupied Investors With Chris Puleo Properties for Sale on the North Side? We want to buy them. Email: StraightUpChicagoInvestor@gmail.com Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com ============= What are my lending options for a non-owner occupied investor? ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Chris Puleo of Puleo Group 00:00 – Cold open: Mark and Tom introduce lender Chris Pulio and set up the scenario of investors moving beyond house hacking. 00:37 – The challenge: investors ready to buy a 4-unit but not live in it; what financing options exist. 01:04 – Conventional loans: Fannie/Freddie guidelines, 25% down for 3- and 4-units, and why two-flats can require less. 02:59 – Using 401(k) loans to fund down payments without tax penalties—reallocating your portfolio, not cashing out. 03:32 – DSCR loans explained: qualification based on rent coverage ratios and why they’re ideal for self-employed borrowers. 04:48 – Creative funding: HELOCs, partnerships, and diversifying equity across multiple properties instead of one. 05:33 – Long-term wealth mindset: multiple leveraged properties build more rent and equity than one paid-off home. 06:55 – Rate comparison: investor loans typically 0.5% higher than primary residence rates, with small additional fees. 08:02 – Why lenders prefer single-family and small multi-unit properties over condos in the current market. 08:32 – Market rents vs. current rents: appraisers use comparable area rents when qualifying investment loans. Join us as we share our winning strategies, success stories, obstacles we've encountered, and most importantly, the lessons we have learned along the way. If you are ready to learn the ins and outs of the investing in Chicago and suburbs. SUBSCRIBE: http://ow.ly/pNzU50BFJtU Got an idea for the show? Shoot us an email at straightupchicagoinvestor@gmail.com Follow us behind the scenes on Instagram: http://ow.ly/lquy50BGadL Make our acquaintance on our Club: http://ow.ly/RZvr50BGaei Give us a shout on Facebook: http://ow.ly/Qqr350BGaeM Visit our world directly: https://www.straightupchicagoinvestor.com/ Listen to the 𝗦𝘁𝗿𝗮𝗶𝗴𝗵𝘁 𝗨𝗽 𝗖𝗵𝗶𝗰𝗮𝗴𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 on your favorite streaming service: http://ow.ly/lI7050BGafp