Welcome to The Mortgage Minute with Ryan Skaggs! 🏡💼 In today's episode, we're diving deep into the world of FHA Mixed Use Financing – the key to unlocking real estate opportunities and building wealth. If you're interested in exploring the potential of mixed-use properties through FHA loans, you're in the right place!

Ryan, your guide through the intricacies of mortgages, real estate, and interest rates, shares valuable insights on how FHA mixed use financing can be a game-changer, especially in the vibrant Chicagoland area with its abundance of these unique properties.

Discover the benefits of this financing option, including a low down payment of as little as three and a half percent. However, there's a catch – owner occupancy is a must. Ryan breaks down the logic behind this requirement and provides practical advice on making it work for you.

Whether you're a first-time homebuyer or looking to expand your real estate portfolio, FHA mixed use financing could be the key to your success. Ryan explains the nuances, emphasizing the importance of the residential element being 51 percent of the overall square footage.

But the exploration doesn't stop there! Learn about zoning considerations, business possibilities, and potential rewards. Ryan shares essential tips on understanding vacancy rates, business types, and the economic climate of the area you're exploring.

To make the most of this opportunity, working with an experienced lender is crucial. Ryan advises on finding a lender familiar with FHA loans and local appraisal companies – a step that can make or break your mixed-use property venture.

Don't miss out on the chance to turn a property into an investment that pays your bills while you relax on your couch. If you're serious about real estate and wealth-building, this video is a must-watch!

📌 Drop your comments below if you've reached this point in the video, and be sure to hit that like button, subscribe, and click the bell icon for weekly updates. Stay tuned for more valuable insights from The Mortgage Minute. Stay safe, and we'll see you again very soon! 🏡🔑

LINKS:
WEEKLY RATE SURVEY: http://www.freddiemac.com/pmms | Freddie Mac

Contact: Ryan

Phone: 773-569-8692 (office)
Text: 847-906-1627
Email: [email protected]
NMLS 425763 | Neighborhood Loans, Inc. NMLS 222982
www.nmlsconsumeraccess.org

You can learn more about me thru the links below:

WEBPAGE: www.skaggsmortgage.com
GOOGLE REVIEWS: https://g.page/r/CSnzSCzmBWdcEAE
FACEBOOK: www.facebook.com/RyanSkaggsMortgage
INSTAGRAM:   / ryanskaggsmortgage  
LINKEDIN:   / ryanskaggs  

Subject to credit approval, not all borrowers may qualify. Rates and terms are for illustrative purposes only; your actual rates and terms may be different. Please contact Neighborhood Loans for current rates and programs. Neighborhood Loans is an FHA approved lender, not endorsed by or affiliated with any government institution. Not to be considered tax or financial advice. Please consult a tax or investment professional.