Myers Capital Hawaii, LLC, NMLS 1662480, Honolulu, HI Videos

How to Invest in Out-of-State Rentals
Many investors purchase rentals in areas they live in but this may not always be the most profitable option.🏘️ Owning out-of-state rental property has many benefits. A main reason is the return on investment (ROI) may be higher than properties in your own state.🏙 If you are considering investing in out-of-state properties, conducting due diligence is essential to help you choose a vibrant area since location is a critical factor in the success of an investment property.🏠 Here are six important tips for investors looking to buy out-of-state rental property: ✅Conduct Market Research ✅Network with Local Professionals ✅Get Pre-Approved for a Mortgage ✅Arrange Property Inspections ✅Run a Financial Analysis ✅Hire Professional Property Management Whether you are considering your first rental or already have a growing portfolio, we offer a wide range of financing options that can help you secure your next out-of-state property. Contact us to discuss financing programs at 808-566-6611.☎️ #rentalproperty #rentalpropertyinvestor #realestate #realestatenews #realestateinvesting #realestateinvestor #shorts

Delayed Financing – How to Reclaim Your Cash for Future Projects
Paid cash for a rental so you could close quickly and now you wish you had those funds on hand for another deal?🌳🤷‍♂️🤷‍♀️ Want to make renovations but the cost would exceed your available cash?🏗️ Looking to purchase another rental property but don’t have enough for a down payment?💶 Delayed financing can help your situation. Here’s how it works: ✅Investor pays cash for a property ✅Does a cash-out refinance ✅Gets a portion back of the purchase price Our Delayed Financing Cash-Out Bridge Loan can help you reclaim some of your rental property’s equity that you can use to make upgrades for higher rents or buy more investment property.🏘️💰 Benefits: ✅Quickly tap into equity ✅No six-month waiting period to obtain cash-out funds ✅No personal income verification ✅Fund property repairs, renovations, and emergencies Find out how this type of specialty financing can help you purchase more properties and expand your real estate portfolio. Contact us at 808-566-6611 for details.☎️

Interest Rates Finally Easing. Why Now is a Good Time to Buy.
Still on the fence about buying a property while rates are dropping? What do higher conforming loan limits mean for buyers and existing homeowners? Which demographic has been purchasing a higher percentage of homes? How do you select the best mortgage that meets your short-and long-term goals?🏠🏦🏘️💰 Get answers and a leg up in the dynamic world of mortgages with our quarterly newsletter.👍 ✅Economy & Mortgages: Rates Finally Easing: Is Now the Time to Buy? ✅Higher Conforming Loan Limits Creates Opportunities in 2024 ✅The Best Mortgage? It’s Not Always What You’d Expect. ✅Clash of the Generations: Millennials vs. Downsizing Boomers ✅What’s a Non-Warrantable Condo? And Can It Be Financed? Visit https://myerscapitalhawaii.com/news Contact us to discuss how to finance your real estate goals at 808-566-6611. #realestate #realestatenews #realestateinvesting #realestateinvestor #shorts

Investors: Navigate Challenging Real Estate Projects with a Good Credit Score
Ever face challenging real estate projects like these? 🙁 ✅You purchase a fixer-upper, put money towards renovations, and now want to sell it. But property values are lower, which would greatly reduce your profit.💶 ✅You pivot and want to turn the property into a long-term rental. However, market rents are down and would not cover the monthly mortgage expense.😣 How can you turn this around?💹 There are mortgage options that can help, providing financial leverage and flexibility.🏠 Find out the credit score range needed to help you secure financing to overcome these setbacks.🔝

Do Credit Scores Matter for Real Estate Investors?
We know having a quality credit score is essential for a consumer home buyer. How about a real estate investor?🏘 Find out how your credit score can affect financing options, including how much cash you need to land your next deal.📈📶 What’s the ideal minimum credit score for real estate investors?🎯 If you need guidance on how to boost your credit score and mortgage programs for investors, contact us for details at 808-566-6611.☎️

Looking to buy a condotel? Learn about the down payment amounts with various loan programs.🏨 Condotels are short-term rental units located in resort- and apartment-zoned areas. They are popular with investors as rental income can be generated right out of the gate. Many buyers also purchase a condotel to use as a primary residence.🏤 We specialize in condotel financing and can help you successfully close short-term rental loans. Contact us for more details at 808-566-6611.☎️ Visit www.myerscapitalhawaii.com/residential/condotel-financing.

DSCR Loan – Low Down Payment Strategy for Investors
Struggling to come up with the down payment for a DSCR Loan?😞 Learn ways investors can qualify with a lower down payment. This allows you to keep more cash that can be used to make upgrades to the property, allowing you to charge higher rents.💵 A Debt Service Coverage Ratio (DSCR) loan is one of the most popular ways to finance rental property. The maximum loan amount is determined by the monthly cash flow of the property and compares it to the monthly mortgage expense - instead of personal income.🏠 Reach out to us at 808-566-6611 or visit www.myerscapitalhawaii.com for details on our flexible DSCR loan program for real estate investors.☎️

Condotel Financing – Kitchen or No Kitchen?
What are important considerations when looking to purchase a condotel in Hawaii? 🏢 For starters, you’ll need to look for non-traditional financing since conventional loans cannot be used to purchase a condotel. Another key factor in securing financing is the unit and its current types of appliances and fixtures. 🛍 We specialize in financing short-term rentals in Hawaii. Our numerous loan options can meet the needs of new and seasoned investors, including programs with no personal income verification needed. 📶 Contact us for more details at 808-566-6611. ☎️ Visit www.myerscapitalhawaii.com/residential/condotel-financing.

DSCR Loan – How to Calculate Loan Amount
A DSCR Loan, which stands for Debt Service Coverage Ratio, is a great way to finance rental property. DSCR Loans look at the potential monthly cash flow of a property and compares it to the monthly mortgage expense – not personal income.🎯 Learn how to calculate an estimated loan amount for a rental property. This can help you determine how much of a down payment you will need for the loan and whether a property is a good fit for your investment goals. 🏘 Reach out to us at 808-566-6611 or visit www.myerscapitalhawaii.com for details on DSCR and other investment property loan programs. ☎️

Condotels in Hawaii – Generate Cash Flow Immediately
Looking to earn rental income as fast as possible? You may want to consider investing in condotels in Hawaii. These are legal short-term rentals that can allow you to earn cash flow quickly. 🏢 Earn rental income to cover property expenses while enjoying tax benefits (consult with your tax advisor), equity growth, and increased net worth. Many condotels are located in sought-after vacation destinations on Oahu, Maui, Kauai and Hawaii Island, making them a popular choice for travelers.🎯 We specialize in financing short-term rentals. Our numerous loan options can meet the needs of new and seasoned investors, including programs with no personal income verification needed.✅ Contact us for more details at 808-566-6611.☎️ Visit www.myerscapitalhawaii.com/residential/condotel-financing.

DSCR Loan – Buy Investment Property with No Income Verification
Are you looking to purchase rental or other investment property but unsure how to finance it? Take a look at a DSCR loan, which stands for Debt Service Coverage Ratio. A DSCR loan can help you finance a rental property without looking at your income or employment history. 🏘 It allows you to finance an investment property based on its cash flow and ability to cover the loan payments - not your personal income. This makes a DSCR loan a popular choice for investors looking to purchase or refinance rental property. ✅ Whether you’re just getting started or a seasoned real estate investor, we can help you finance your next income-generating property. 🎯 Contact us at 808-566-6611 to discuss your next real estate project. Visit www.myerscapitalhawaii.com for details on our investment property loan programs.

TERMITES! STRUCTURAL ISSUES! Don’t despair! Did you know we provide loans for properties in need of work that other lenders may not consider? We can even finance both the purchase and renovation of the home with a single mortgage. Let us show you how to turn a fixer-upper into a dream residence or investment property. Contact us at 808-566-6611 for details.

Interest rates are a hot-button topic at the moment. Did you know that you have options when it comes to your rate? These can range from selecting the right loan program to making a larger down payment. Give us a call at Myers Capital Hawaii to discuss strategies to beat higher rates, (808) 566-6611. #mortgagebroker #mortgagelender #mortgage #mortgageoriginator #loanofficer #hawaiirealestate #oahurealestate #honolulurealestate #hawaiirealtor #oahurealtor #honolulurealtor #myerscapitalhawaii #myerscapitalvirginia #wednesdaywidsom

Myers Capital Hawaii $100 Gift Card Contest 2022 - BIA Show
Who won a $100 Home Depot gift card offered at this past weekend’s BIA BIG Home Building & Remodeling Show? Follow us and find out.

Looking to do home renovations or new construction? Don’t miss a free seminar scheduled this Saturday, Sept. 24, from 11:30 a.m. to 12:30 p.m. at Blaisdell Center. “How to Finance Home Renovations and Construction” is perfect if you’re considering a kitchen or bathroom remodel, new addition or Accessory Dwelling Unit (ADU), or custom home construction. You’ll learn important insights and receive expert guidance on how to properly finance your new home remodeling project. This seminar is part of the BIA BIG Home Building & Remodeling Show, Sept. 23 to 25, at Blaisdell Center. An event admission fee applies. We hope to see you there!

What is the BRRRR Strategy - Buy, Rehab, Rent, Refinance and Repeat
Looking to purchase multiple rental properties using your initial down payment money over and over again? It’s called the BRRRR Method – Buy, Rehab, Rent, Refinance and Repeat. Reach out to us and start investing today.

Educating Clients About Mortgages
Educating clients about mortgages and the loan process is a key part of how we help our clients find a home loan that best fits their needs and overall financial goals. Find out how we helped client Emmanuel S. Tipon. https://bit.ly/MCH-NewTVSpots2

Helping Clients Meet Their Mortgage Goals
We offer more than just residential and commercial mortgages. We provide expert mortgage planning that is designed to help borrowers meet both their real estate financing needs and overall financial goals. Find out how we helped clients Meredith Ross and Ronald Young in our new TV spots, https://bit.ly/MCH-FB-NewTVSpots1

Gung Hee Fat Choy! Happy Chinese New Year and best wishes in the Year of the Tiger.

2060 Mott Smith Drive. List Price: $1,760,800. Walked through this gorgeous 3bedroom, 3baths, 1,924 sq.ft. home this morning! Rare opportunity! Diamond Head, Ocean, and City views from lower Makiki Heights! 2 street frontage with carport access from the back lane. Attached rumpus room studio with separate entrance. Spacious terraced yard. Hardwood floors upstairs on the main level. Bring your imagination to take advantage of the views! #preapproval #preapproved #househunting #openhouse #mortgagebroker #mortgage #hawaiirealestate #newhome #hawaii #oahurealestate #oahu #hawaiiresourcerealty #koyorealty #realestate #titleguaranty #luckywelivehawaii #aloha