Getting a Loan for a Single-Family Home [Explained] #lineofcredit #investmentproperty #airbnb
184 viewsabout 3 years ago0m 48sScore: 75
Jorge Contreras | Airbnb Arbitrage
Summary
In this video, Jorge Contreras outlines the process of getting a loan for a single-family home, primarily focusing on FHA loans which require only 3.5% down and a FICO score of 580. He also shares his personal strategy of renting out rooms in his first purchased home to cover the mortgage, taxes, insurance, and utilities, allowing him to live payment-free in the master bedroom.
