All Forum Posts by: Zachariah Torres

@Amy Frisella Making an effort to invest is always the most important step! I wouldn't get discouraged with home prices or difficulties with income history. There is almost always another way. I was making a quarter of my current income when I first started investing so, I just had to get creative. I'm a Mortgage Broker out here in Utah and there are plenty of things you could do to secure your first property. DSCR loans could be a good step. We can use an analysis of the projected rents and use that cash flow to qualify you for that property. No need to use your personal income. I'd be happy to go into more detail if you'd like to set up a call. My contact info is in my profile!

DSCR is a great option as well as some bank statement loans depending on how long you've owned the properties. There is almost always another way to continue investing so don't be discouraged! I'm a Mortgage Broker and investor here in Utah. If you still need assistance, feel free to reach out! My phone number is in my profile.

Hi @Matthew Erickson! I'm a Mortgage Broker and investor out here in Utah. If you are looking to set up financing on that next deal, I have a few private capital groups that can facilitate. We can use a rent analysis to get expected rents and then use that projected rent to get you qualified. Feel free to reach out if you have any questions. I know a few good agents in Salt Lake and Utah County and one who specializes in condotels up in Park City! My phone number is in my profile.

Hi Tomoko, congrats on getting your license! It's a huge step and not an easy one. Real estate is a great vehicle to start building wealth for yourself and future generations. I have found properties from both the MLS and from wholesalers here in Utah. They're not a bad idea if you are able to analyze the deals they send over. I'm a Mortgage Broker out here as well and would be happy to connect to answer any questions or get you set up with some loan options. My number is in my profile!

@Blake Bratcher Mortgage Broker here. We're seeing a ton of slow down from both purchases and refinances. However, those that are still in the market, are seeing huge benefits from banks/lenders. They're dying to lend and are offering things they haven't before. 3-2-1 buydowns are at a high right now with so many sellers offering credits. They're moving quick as well. Both my traditional banks and private capital groups are moving faster than I've seen them in the past. I closed my most recent loan in 10 days from submission to funding!