Multi Family Financing with Julien Gordon and MG The Mortgage Guy
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- čas přidán 30. 03. 2022
- To join the 4321 Strategy Program, go to:
www.get4321.com
To help you close on more doors this year, Matthew Garland aka MG the Mortgage Guy and Jullien Gordon aka Mr. multifamily teach you the 6 best ways to finance multifamily real estate deals.
The #1 question we get from people who have already bought their first home whether it is a single family or a multifamily is...
How do I get the next one? How do I scale?
That’s what this webinar and the 4321 Strategy Program are going to answer so that you can scale your portfolio in 2022.
Let’s close this wealth gap and get these bricks 🧱 🏘
#realestate #blackwealth #blackwallstreet #financialfreedom #realestateinvestor #multifamily #blackrealestate #gentrification #JullienGordon #buybacktheblock #livefree #rentfree #realestate #richdadpoordad #buytheblock
Recently found your channel. Great information and proven strategy. I did mine a bit differently, but totally agree with closing the wealth gap through real estate investing. My husband and I “control” 5 single family rentals. We’re closing on our first four-plex in two weeks. Six properties and 9 doors in two years. Going forward, we’re primarily doing multi-family’s. Financial freedom is a wonderful thing.
My family so deserves this. Hope 2024 is good to us. Great info.
Come over and join the multi family movement!
Loved Julien's webinar on multifamily. I'm looking forward to joining his program to learn more.
This is really informative. Thank you so much for all you do.
Jullian is def from Oakland ! Straight, no chaser, just like I like it.
I’m from Oakland too, and I love his “Tough Love” approach. That’s how I was raised too.
Serving it soft does nothing for you other than mask the importance of needing to execute.
Thank you, Jullian 🙏🏽
These numbers are based on if you're a first time home buyers. Not if your an investor. But I still think multi-family is great even if you bought a single family first. Heck you can't go back and change the fact you bought a single first. It's still was an investment.
Knowledge is Power! I'm convinced that! It's just so hard to believe!🤔
I came across your video one day, And that day changed my life as far as how I plan on investing my savings, I was really about to buy a condo or a single family house but now those dreams have changed
No more buying coach bags when you need a life coach
🎯 NAILED IT
I guess I,ll just have to put down 25%. I bought a single family 16yrs ago. But you've still got me wanting to buy multi family for an investment. Seems like a great idea wether you've bought a single family first or not. I wish I would've known this 16yrs ago, lol. Keep sharing the knowledge my brother 💪🏿☝🏽🙏🏿👍🏿
If you are "moving into" the property you are essentially a first time homebuyer.
Is there anyone you can feed that home to or an LLC so you’re free to buy a new property as an owner occupant?
I've been listening/learning from youtube to get help.I'm try to get ready to retire you make so much sense I'm looking for multi family. And I think 🤔 I've found one. Years ago I got my first home. I'm in my 60's was a single mother of 4 on minimum wage.now a grandmother. My home is small that my family comes to live with me. And I can't say no. Because I was homeless before I got this house. So thank you I'm going to do this to help them. Love 💘 😻
Brendarhodes2000, I wondering how you doing in your search for a multifamily house. I'm in myself 60's too, my income is a almost $19,000 a year and have close to 30,000 for a down payment. I spoke to a lender in internet today and he said that I need to find the multifamily property first and to make sure the apartments are already rented in order to add that to my total income. Otherwise it won't work. Hope to hear from you.
Congratulations 🎉 that's beautiful ❤️
This Shitt is 🔥🔥🔥😩🤌🏾🤌🏾👌🏾👌🏾✊🏾✊🏾✊🏾✊🏾🖤. Julian!! 💪🏾💪🏾💪🏾. I LOVES that DIRECT talk!!
Brotha Malcolm said: MAKE IT PLAIN
Watch it over and over
I didn’t catch this Live but I am going to get Involved, ThankYou for Sharing
I'm Learning. U are answering All Questions as you go Along.
Thank you for helping your people. I have a great portfolio
THANKS TO YOU JULIEN !!!! THATS HOW ROBERTA HOSKIE GOT IN THE GAME !!!!!
Great information and presentation. Took a lot of notes. Thank you Julien!
Dope info man!! Let’s get it! Shock the Culture
Love love love this.....awesome job. Thanks for the knowledge and amazing presentation 🥰😍
Glad I ran into this video. I've done all of this research already and this def validates my plan to get 40 doors in 10 yrs. My issue that was cleared up on this video is that I bought my primary residence (Single family) 5 yrs ago and have been having trouble getting lending for a multi family trying to use FHA 203k so I can use the BRRR strategy. This video added value for real. I was really trying to use FHA but looks I'll def have to go private lending or Put down that 25% down-payment. I was trying to avoid that but with BRRRR, I should be getting my money out at the end. I can live with that I guess.
When you say private money, do you mean hard money?
I am hearing that hard money ain’t as ez as many tubers make it.. don’t you still need 20-50% down and usually some hard asset already?
Thank you!
I have to get with the mental real estate
Thank you!!
Word.. you preaching
I'm a multi family developer and builder in Boise Idaho so if anybody wants Inventory here just let me know :) God-bless!
Thanks for this video. Did you have to live in one of your rentals to get the lowest down payment?
Your a genius cause 90 % don't live like that or have that exact business plan
Hello Jullian, I really enjoy your videos, make me go to the next level. How do I buy a multiple family when I currently have a single family? what will be your advise. Thank you once again your are very smart young man.
What if you didn't buy Multi family first? Can you still be approved for a FHA loan ? Would you have too put 25% down if it's not your first home?
Finally got around to listening to this! It's priceless. Don't just look cute on paper (or on social media). Key rings before wedding rings. Divide and conquer!
I enjoyed your seminar... I would love to know, when and if you are making it possible to enroll into your course, in the future..
love this
Ready
I'm watching this home alone.
Portfolio!!!!
I got 2 doors and I’m working on 2 more this year. And I’m in the District of Columbia
Did did purchase in DC or outside the city? I know this a old comment but me and my GF are looking into getting a multi family and knowing DC and just from my searches everything multi family out here is like a million or more…I was surprised by some prices even in SE I thought I would find more cheaper out there
Cleveland, Cuyahoga Ohio 0 doors but I want as many I can handle in the near future!
THANKS💕💕💕💕💕💕💕💕💕💕💕💕💕💕💕💕💕
Amen
Good looks! Your presentation, illuminated and Showed me more facts, I had more cognizance in these few hours long program way rather than the combined memories of a 1 year financial literacy program in an adults detention center. Im grateful that I learned about cutting off one’s home expenses, and renting, rental residence of brick and mortar assets in regards to achieving loans, and in general. It gets me thinking about the shame of Liquidities like cars and jewelry “That is not pure precious element” Instead Long term financial stability. I remember seeing many dilapidated houses for sale in Flint and Detroit for like 50k-28k. Several occasions to purchase.What if want my single family first? FHA? I was never claiming any investment or investor. I was being limited in my ability to travel due to restrained travel.
Transforming it into a fully insured with 4k cameras #Airbnb Paid in cash no 30 year loan. I worried about squatters rights inhabiting. I thought small not seeing the actual possibilities. I was limited in my own mind, besides effort. Patience is a virtue long as I am breathing and actively working there will be more coin. No more shoulda coulda woulda regret. Now I am seeing a way out and a way in a big picture.
Thank you Julien, MG, and earn your leisure.
Eye opening, the secret is out. The true price of a house 🏠🏠🏠🏠
I'm from Bridgeport CT
Hello. New sub, I really like the video very much. Let me ask you can I use NACA for a Multi Family home ????
Great information...The video is now distorted can hear unable to see anything
Hi Family!!!
Portfolio!
WOW!!!
Dang brah chill hahah . It’s like your beating us with information. Smile bro lol , mat you got Wes pissed for leaving him alone family !
This need more views dope vid
Portfolio
🔥🔥🔥
Are you putting these properties (LLCs) in a Trust for "Re" Generational Wealth?
good question, id like to know too
Great question
Crazy
Word up
Is a townhouse also a good investment ?
Asset Class
Are you locked into NACA for the life of the loan? If I do NACA for a 4-plex then what loan should I do for the triplex? Or is it better to start off with FHA and keep using that?
Chicago
I’m in the Atlanta Fulton county and alameda Oakland county
How can I as an Realestate agent connect with you and your students in this program? I’m licensed in Las Vegas an Missouri but can assist though out the United States and some countries.
i seen that new Orleans property pink duplex 12:56 in foreclose list what's wrong with it?
I didn't know that was Matt. I VE been watching them. I don't think I knew his name. . I hate when I m out of the know. Hi Matt!!!
Do we put it under an llc personal etc
What do you think about building a fourplex?
You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you.
How do you use group economics in this endeavor?
Can you have a non-spouse co-borrower with the FHA 203k?
🤯🤯🤯
Portfolio
Portfolio.........
❤
Talk dat talk
Do you need a high ticket closer?
Hello 👋 Everyone
Home possible and Home Ready will only finance 1 unit and not multiple units!
How do I get in contact with Mg the mortgage guy
Phoenix
Georgia
Brother you dropping knowledge, sign me up
Married
I am unemployed credit less than 600 I have $10k to invest where can I get financing?. I'm watching so hopefully you'll answer by the end of this video
Go through NACA and then get a couple of side Hustles or work from jobs to save up. NACA will help you.
Boston
Houston
✊🏾💪🏾💰
Do you guys accept folks every year ?
As soon as I find out how to do this I'm going to tell everybody how to do it for free why would I try to profit off of people who probably don't even have the money I don't know about this situation
I'm careful about what info I listen to and act on. What Jullien is saying on here really makes sense to me. This info is legit. I don't see a reason why MOST people can't do this. Black people especially need to focus. Forget wasting all this money on designer clothes and shoes making other people rich. Let's band together build ourselves up individually and collectively.
Boston south shore
I’m looking for a knowledgeable & experienced realtor in the Bay Area 👀
What if you don’t want to live in the home because you have a big family? Can you move in a relative? Or..
That’s fraud, so they can’t advise you to do that
Can anybody answer this.
I woke up out my bed, I have 0 zilch nada in rental income. I have a job, I make 60,000 a year pretty decent credit, above 630. Are you telling me I can go to a lender, say hey, I'm looking to get financing for a multi-family home, and they are going to add income from a multi-family home to my DTI ratio when I don't even have my name on the property? Can someone, anybody break this down as simple as possible please.
There are many people like myself who are interested in what you have to offer but we are computer illiterate what do you have for people like myself if anything at all so that we can get involved in this process we have the money we just don’t have the computer literacy because we are older and never received this information that was hidden but would like to partake
Hi! Don't let that stop you. Get someone you know who has some computer skills to help you out. You can do this.
Your showing you have more computer skills than you realize by being on CZcams. Utilize the library if you don’t have anyone you know to help you.
Profiilo
🤣🤣 love it you keep it real.
Matt & Julien I'm confused. EYL had a video where homie bought 1 property with a NACA loan and then another with a NACA loan, as if he was investing. I thought that wasn't possible? If it is, please do tell, cause I want to get into househacking small multifamily.
He said his girlfriend purchased the 2nd property with NACA. Divide and conquer
@@Mgthemortgageguy Thanks for the response MG. Last question, I know NACA doesn't allow investment properties under your name, but would I be able to purchase other investment properties under an LLC, therefore not breaking NACA restrictions???
Ft Lauderdale
45:20 🤯
Baltimore
Downpayment assistance program? How can I get the list?
You got the list?
Single