Cashflow Corey
Corey is a seasoned real estate investor with over 20 years of experience. Starting out as an electrician, he transformed his skills and knowledge into a 7-figure real estate business. Corey’s diverse portfolio includes single-family homes, duplexes, quads, apartment complexes, Airbnb properties, and even a laundromat.
In addition to his success in real estate, Corey has built multiple 6-figure businesses. His entrepreneurial spirit recently led him to launch CoreBody Nutrition, a supplement company designed to help busy entrepreneurs and everyday people boost productivity and perform at their best. The company’s flagship product, Switch, is crafted to optimize daily performance and energy.
Cashflow Corey
Here are 4 key factors they look at:
1. DTI (Debt-to-Income Ratio)
Lower is better. Ideally below 45% for most lenders.
2. Credit Score
You don’t need perfect credit — but 680+ opens most doors and 720+ gets the best rates.
3. Reserves
Lenders want to see 2–6 months of expenses saved per property.
This proves you can weather vacancies and repairs.
4. Property Income
If buying a rental, lenders consider the property’s projected rent.
Sometimes the rent can help you qualify, even if your DTI is tight.
Knowing this makes financing easier — and scaling faster.
As you get into building a portfolio there are other types of loans and things lenders may look for. But focus on these four above and you’ll set yourself up for success!
#rentalpropertyinvesting #rentalpropertyloans #multifamilyrealestate
1 week ago | [YT] | 0
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Cashflow Corey
“5 Hidden Costs New Investors Forget About”
Great cash flow on paper doesn’t matter if you forget the real expenses.
Don’t get blindsided — plan for these:
1. CapEx (Big Repairs)
Roofs, HVAC, water heaters, windows.
Set aside 5–10% of rent for this.
2. Vacancy
Even good tenants move.
Budget 1 month of vacancy per year (varies by market).
3. Turnover Costs
Paint, carpet cleaning, minor repairs.
Expect $500–$2,500 depending on the property.
4. Property Management
If hiring one, plan for 8–12% of monthly rent + leasing fees.
5. Insurance & Tax Increases
Properties don’t stay the same price — neither do expenses.
Always run your numbers with a buffer.
Smart investors factor these in before buying — not after.
#realestateinvesting #rentalproperties #rentalpropertyanalyze
3 weeks ago | [YT] | 0
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