In this episode, Jonna interviews Patrick Penner from Coast to Coast Mortgage, discussing creative financing options for real estate investors. They explore strategies such as Buy, Rehab, Rent, Refinance, Repeat (BRRR), Debt Service Coverage Ratio (DSCR) loans, and the importance of asset protection. Patrick shares insights from his 30+ years in the mortgage industry, emphasizing the value of planning and pre-approval before investing.
In this episode, Jonna interviews Patrick Penner from Coast to Coast Mortgage, discussing creative financing options for real estate investors. They explore strategies such as Buy, Rehab, Rent, Refinance, Repeat (BRRR), Debt Service Coverage Ratio (DSCR) loans, and the importance of asset protection. Patrick shares insights from his 30+ years in the mortgage industry, emphasizing the value of planning and pre-approval before investing.
00:00 Introduction to Mortgage Basics
00:46 Interview with Patrick Penner: Creative Financing Strategies
02:14 Patrick's Journey into the Mortgage Industry
05:56 Understanding Investment Property Financing
12:13 The BRRRR Strategy Explained
14:21 DSCR Loans: A Deep Dive
21:21 Short-Term Rentals and Market Dynamics
24:16 Understanding Asset Protection in Real Estate
25:40 Personal Example: 1031 Exchange Dilemma
26:56 Navigating Entity-to-Entity Transactions
28:11 Non-QM Financing Options
32:40 Fix and Flip Financing Insights
34:38 Importance of Pre-Approval and Strategy
37:35 Patrick's Athletic Background and Personal Life
43:20 Conclusion and Contact Information
Have questions or want to connect with our amazing guests?
📧 Reach out to Cari & Senate at: cari@idoidahoevents.com Senate@senateeskridge.com
📅 Idaho REICon 2025 is Coming!
Join us on October 10, 2025 for Idaho’s premier real estate investing conference!
Link here! https://idahoreicon.com/
🎟️ Early Bird Tickets: $169 (Regular Price: $199)
💸 Use Coupon Code: EARLYBIRD30 to save $30 – act fast, prices will only go up!
📧 For more info—or to find out how you can sponsor the event—email: idahosummitREI@gmail.com
✨ Be in the room. Expand your network. Level up your investing journey.
Download the Idaho REIN Vendor Directory at https://www.boiserein.com/FreeVendorDirectory
Connect with the Idaho Real Estate Investor Show and the Boise Real Estate Investor Network!
Website: https://www.idahorein.com/
Facebook: https://www.facebook.com/BoiseREIN/
LinkedIn: https://www.linkedin.com/in/boise-rein-09b489292/
Facebook: https://www.facebook.com/groups/boiserealestateinvestornetwork
Instagram: https://www.instagram.com/boiserein/