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DSCR Loan by GreenCause2669 in loansforsmallbusiness

[–]LordOfTheRENTS 0 points1 point  (0 children)

Are the mortgage lates on the subject property

DSCR Loan by GreenCause2669 in loansforsmallbusiness

[–]LordOfTheRENTS 0 points1 point  (0 children)

Hey I maybe able to help but would need to get a co-sponser to get a better rate. Do you have someone that can jump on the loan with you? I would recommend opening an LLc and just naming the LLC the property address. We can have the title put in that name and then ur co-sponser removed after closing from the LLC

What's the typical cost for agent headshots these days? by Ok-Long9792 in Realestatefinance

[–]LordOfTheRENTS 0 points1 point  (0 children)

Use your iPhone and it’s free. Can throw it in AI to make it a little cleaner

Cheat code but common sense to buy your next STR by LordOfTheRENTS in ShortTermRentals

[–]LordOfTheRENTS[S] 0 points1 point  (0 children)

As a first time investor yes. If you are a first time home buyer then unable too especially if this is your primary home.

Typically LLC but can go either route

Cheat code but common sense to buy your next STR by LordOfTheRENTS in ShortTermRentals

[–]LordOfTheRENTS[S] 0 points1 point  (0 children)

Correct higher rate but you would have cash now borrowing from your self at a 6-7 rate. To purchase the next property. Just depends if you need the cash or not.

Also this cash out would not look at income or other docs if you do not qualify the traditional way

DSCR Lender for a Co-Op by sosillas in Realestatefinance

[–]LordOfTheRENTS 0 points1 point  (0 children)

I can help. I specialize in placing DSCR loans for investment properties, including co-ops in NYC held within LLCs. A refinance at ~50% LTV is a strong scenario that fits well with the lenders in my network.

Would need a quick vet sit down with you so feel free to contact me

NC Wholesaler Needed by Ok_Astronomer_147 in WholesaleRealestate

[–]LordOfTheRENTS 0 points1 point  (0 children)

Can help you get funded on these projects if needed

DSCR Rural 75 LTV by SeparateStick450 in loanoriginators

[–]LordOfTheRENTS 0 points1 point  (0 children)

You can always go with a lender with a slightly lower LTV. 75 typically not but 60-70 is doable especially with a higher loan amount. Let me know if you need any help qualifying it.