All Forum Posts by: Zach Lemaster

@So Da

Thanks for the interest in this portfolio loan product that allows for only 5% down for up to 5 investment properties.  We are happy to put you in touch with specific investors that are currently using this product with rentals.  @John Bear is one person who just closed on 5 properties.  @Bernard Joseph S. is another investor looking into using this creative strategy.  Please keep in mind that while you can put only 5% down on multiple investment properties (if you qualify financially), you are not required to.  You can put down whatever % down you would like to, but the min is 5%.  This can be a creative way for investors to stretch their capital further to acquire more properties with less money down to scale quicker.  All up to you and what makes sense for your goals.  Feel free to reach out to our team if you would like to speak with more people that are using this strategy.  We've also put out a lot of good information on our Youtube channel that explains how this works in greater deal along with which properties/locations qualify for this.  We are here to answer any questions you have!

Here are some more forum resources that might help you in your research as well:

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/92/topics/1116050-a-huge-win-with-cori-from-rent-to-retirement

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/forums/12/topics/1122318-quality-turnkey-companies?highlight_post=6413855&page=1

https://www.biggerpockets.com/co/RentToRetirement

https://www.biggerpockets.com/forums/92/topics/929410-rent-to-retirement-updates?highlight_post=5508807&page=1#p5508807

https://www.biggerpockets.com/forums/92/topics/893621-rent-to-retirement-review?highlight_post=5222888&page=1#p5222888

https://www.biggerpockets.com/forums/311/topics/915728-experience-with-rent-to-retirement-turnkey?page=1#p5345200

https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster?highlight_post=6192149&page=4&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification_V2&utm_channel=28426&utm_content=Marketing

https://www.biggerpockets.com/forums/67/topics/952977-turnkey-in-indianapolis-through-rtr-case-study

https://www.biggerpockets.com/forums/12/topics/997350-lessons-learned-from-buying-my-first-rental-property?highlight_post=5748036&page=1#p5748036

https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey

https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach

https://www.biggerpockets.com/forums/48/topics/874096-reviews-on-r2r-and-nch?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5123754

https://www.biggerpockets.com/forums/311/topics/883772-turnkey-investing-renttoretirement-feedback-reviews?highlight_post=5171720&page=1#p5171720

https://www.biggerpockets.com/forums/92/topics/950188-rent-to-retirement?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5535505

https://www.biggerpockets.com/users/ZacharyCole/references

@Ger Xiong

Congratulations on the primary purchase!  That is very exciting.

You are correct.  Primary residences you can put less than 20% down to purchase via conventional loans.  You could house hack your primary by renting out rooms or if you bought a 2,3, or 4 unit property, lived in one and rented out the other units.  You can also move out of your primary at some point in the future and turn it into a rental.  Those are all options to eventually use your primary as a rental without putting 20% down.

When buying a pure rental property with conventional financing, you would have to put at least 20% down in most all conventional cases.  If you buy a home as a 2nd home and rent it out part time, that usually only requires 10% down.

Remember, this is all talking about conventional loans.  I did mention in my last post that we do have portfolio lenders in our network that offer up to 100% financing on up to 5 rental properties if you qualify financially.  That is a non-conventional loan produce.  I won't go through all the details on this post, but it might be something worth exploring so you are aware of all your options.  Hope this helps!  Keep asking the good questions to move you closer to your goals.

-To your success,

Zach & the RTR team

Hi @Ger Xiong! Welcome! It sounds like you are looking to purchase a rental with a conventional loan, which means you would need to hold the property in your own name and consider an LLC after closing potentially. I'm not an attorney, but we do have RE specific attorney's on staff that have advised us & our clients on this subject. Rental properties always require at least 20% down with conventional loans (fannie/freddie loans). However, there are portfolio loans and other non-conventional loans that you can close in an LLC and may not require a full 20% down. Right now, we have portfolio lender that will finance up to 5 investment properties with anywhere from 0% down to whatever % down you want to put depending on your goals and financial situation. The best advice I can give you is to fully understand all loan options to make sure you are making the best decision to meet your goals. Of course, my team at Rent To Retirement is readily available to answer all your questions on this topic to make sure you are a well informed & educated investor!

We look forward to working with you!

Zach Lemaster  CEO - Rent To Retirement

Some other good forum threads that might be worth reading:

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/92/topics/1116050-a-huge-win-with-cori-from-rent-to-retirement

https://www.biggerpockets.com/...

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

@Bernard Joseph S. Thank you for the mention!  It's quite amazing to see how much progress you've made in such a short period of time!

@Benjamin Su I'm the founder and owner of Rent To Retirement.  I have an excellent team, but I am also readily available to answer any questions you have.  Feel free to reach out at any point in time.  There are a lot of options on where to invest.  My best recommendation is to create a clear strategy and criteria, and then find the location AND the team that fits those goals and then to take action.  It's okay if you need to refine your criteria over time.  That's all part of the game we we all continue to learn and become more savvy investors.  We all have to start somewhere!

Here are some additional BP threads that may be helpful in your research:

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/92/topics/1116050-a-huge-win-with-cori-from-rent-to-retirement

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?

https://www.biggerpockets.com/...

ACV (actual cash value) vs replacement cost is what we carry 99% of the time.  NREIG, Ross Diversified, Shelter are the top insurance companies we've worked with the past.  Hope this helps.

@Daniel Desrosiers Thank you very much for the positive feedback! This really means a lot to everyone here at RTR! We do our best to set everyone up for the best chance at success in real estate investing, and it's fantastic to hear about wins like this. Certainly both homes renting above what was projected will increase your cash flow and ROI significantly.

We look forward to assisting you in scaling your portfolio for many years to follow.  Keep taking action on your end, and I'm confident you will far surpass your investing goals in a fraction of the time you thought possible.

To your success!

-The Rent To Retirement Team

@Felipe Rocha

Thanks for the interest!  We work with many international investors.  I'm happy to answer any questions you have at any point in time.  For now, I will include some links below with people talking about RTR over the past decade on BP to give you a lot of connections with others to hopefully obtain the information you are looking for.  Again, I'm here to answer any questions you have at any point in time.

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement

https://www.biggerpockets.com/forums/92/topics/929410-rent-to-retirement-updates?highlight_post=5508807&page=1#p5508807

https://www.biggerpockets.com/forums/92/topics/893621-rent-to-retirement-review?highlight_post=5222888&page=1#p5222888

https://www.biggerpockets.com/forums/311/topics/915728-experience-with-rent-to-retirement-turnkey?page=1#p5345200

https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster?highlight_post=6192149&page=4&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification_V2&utm_channel=28426&utm_content=Marketing

https://www.biggerpockets.com/forums/67/topics/952977-turnkey-in-indianapolis-through-rtr-case-study

https://www.biggerpockets.com/forums/12/topics/997350-lessons-learned-from-buying-my-first-rental-property?highlight_post=5748036&page=1#p5748036\

https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey

https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach

https://www.biggerpockets.com/forums/48/topics/874096-reviews-on-r2r-and-nch?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5123754

https://www.biggerpockets.com/forums/311/topics/883772-turnkey-investing-renttoretirement-feedback-reviews?highlight_post=5171720&page=1#p5171720

https://www.biggerpockets.com/forums/92/topics/950188-rent-to-retirement?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5535505

https://www.biggerpockets.com/users/ZacharyCole/references

@Michael Simmonds Great to hear!  I would personally recommend more new construction in other areas of FL, TX or looking at areas around Huntsville, AL.  Happy to discuss further if you'd like!  All great areas that have strong growth!

@Taft Henderson Thanks for the interest!  We feel privileged to be a part of your investing journey if our team is the right fit for your goals.  There are a lot of creative ways to invest with RTR beyond just the typical TK, so please make sure to explore all options.  These include cash flow rentals in the midwest like KC (where I've been personally investing for over 12 years now), but also things like BTR properties that offer equity & a brand new loan option available that offers 100% financing on up to 5 properties exclusive to our network.  Many interesting things to fully understand as you decide on what the best starting point is.

Below are many other posts that will likely help to answer your questions & connect with many others on the same journey as you!  Feel free to reach out at any point in time with any questions.

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement

https://www.biggerpockets.com/forums/92/topics/929410-rent-to-retirement-updates?highlight_post=5508807&page=1#p5508807

https://www.biggerpockets.com/forums/92/topics/893621-rent-to-retirement-review?highlight_post=5222888&page=1#p5222888

https://www.biggerpockets.com/forums/311/topics/915728-experience-with-rent-to-retirement-turnkey?page=1#p5345200

https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster?highlight_post=6192149&page=4&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification_V2&utm_channel=28426&utm_content=Marketing

https://www.biggerpockets.com/forums/67/topics/952977-turnkey-in-indianapolis-through-rtr-case-study

https://www.biggerpockets.com/forums/12/topics/997350-lessons-learned-from-buying-my-first-rental-property?highlight_post=5748036&page=1#p5748036

https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey

https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach

https://www.biggerpockets.com/forums/48/topics/874096-reviews-on-r2r-and-nch?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5123754

https://www.biggerpockets.com/forums/311/topics/883772-turnkey-investing-renttoretirement-feedback-reviews?highlight_post=5171720&page=1#p5171720

https://www.biggerpockets.com/forums/92/topics/950188-rent-to-retirement?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5535505

https://www.biggerpockets.com/users/ZacharyCole/references

@Murray Reginald

Thanks for the interest!

We've found turnkey to be a great way for people to get started investing to build a strong foundation, especially if you are looking to invest out of state for any reason. It provides an opportunity for you to tap immediately into a network that you can expand on over time, learn the rope & ultimately apply systems learned to your own deals if you so choose. Obviously make sure you are investing with a reputable team, and that the overall investment opportunities meet your goals.  Regardless of where you are buying investment properties (TK or otherwise), always make sure to go through all normal due diligence with proper inspections, appraisals, title work, etc.  Also, make sure to always run your own numbers, but also know why you are putting the numbers in your calculations that you are, especially for things like insurance, taxes, rents, maintenance, vacancy, etc.  My best recommendation for you is to speak with multiple teams & explore a few different markets to determine who you feel the most comfortable working with. Then it's all about taking action and staying consistent. Many people start with TK & go on to build their own portfolios to be a more active investor & many people continue to keep investing in TK across multiple locations if they prefer to be less of an active investor. Nothing wrong with either strategy as long as you are growing, learning & staying down the path to reach your investment goals.

Here are some other forum threads that talk about TK in general and RTR that may be useful if you want to continue down that path.

Feel free to reach out anytime with questions & best of luck to you on your investing journey!

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/44/topics/1058814-first-time-with-new-construction-cape-coral-fl?highlight_post=6055029&page=1

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/88/topics/1047543-big-profits-from-new-construction-sfr-build-in-cape-coral-fl

https://www.biggerpockets.com/forums/92/topics/983659-first-investment-property-with-rent-to-retirement?highlight_post=5677176&page=1#p5677176

https://www.biggerpockets.com/co/RentToRetirement