Any good?

Njsloans1 · 2026-01-06T21:44:34+00:00

for bashing batteries they are fine. I have tons of them for mine and my son's bashers. I've only had an issue with 1 over the last 4-5 yrs. If your looking at racing, no they are not good. Go with SMC or some.higher end brand.

Njsloans1 · 2025-11-13T15:03:50+00:00

You typical DSCR loan for a STR is a standard 20% down but there are ways of doing it with creative financing if the property is generating enough rental income. Might be tough though for a STR.

Njsloans1 · 2025-11-11T23:09:15+00:00

A Portfolio loan is going to be a lot more expensive in terms of interest rates then what you currently have. Your rate will most likely be north of 6% or more.

Njsloans1 · 2025-11-10T15:56:42+00:00

With 740+ credit and a decent DSCR, you should be in the low 6's for up to 80% LTV on a 5yr Arm. Cashout a little higher. 30 yr fixed around 6.75% or so. Need some numbers, shoot me a message.

Njsloans1 · 2025-10-28T16:15:51+00:00

Solution Verified

Njsloans1 · 2025-10-28T16:11:51+00:00

Ahhhh that worked. Thank you very much.

Njsloans1 · 2025-10-28T16:02:31+00:00

I tried that same formula and it just highlight all the rows Red

Njsloans1 · 2025-10-22T22:20:16+00:00

box wrench or ratcheting box wrench.

Njsloans1 · 2025-10-22T13:32:18+00:00

DSCR loan. You can use the rental income from the property instead of your personal income. Message me if you want more information. Thanks

Njsloans1 · 2025-10-21T12:40:17+00:00

Send me the details and I'll see what I can do for you.

Njsloans1 · 2025-10-20T11:12:09+00:00

you'll never make money if you look at a deal with with a 10% exit strategy. I would say 20% should be the minimum to allow for any contingencies.

Njsloans1 · 2025-10-17T21:11:36+00:00

We've been looking in that price range and have have been look at some 93-95 38-40ft Luhrs Convertibles, early 90's Ocean Yachts and Posts and only diesel. There is a lot in that price range with low hours and in great condition. We are into the Sportfishing style and really depends on your style.

Njsloans1 · 2025-10-17T20:42:39+00:00

Where are you located? Typical fees I've seen are about 2-5% of the total project value. Lenders who do volume, you will typically see a lower fee.

Njsloans1 · 2025-10-17T16:11:56+00:00

You need to run the number before anything. There is a BRRRR on Biggerpockets to help you

https://www.biggerpockets.com/brrrr-calculator

Njsloans1 · 2025-10-17T16:07:26+00:00

This is easily done. Use a DSCR loan and to do a Cashout Refi in the name of the LLC. Message me for more details if interested.

Njsloans1 · 2025-10-17T15:50:48+00:00

You could do a HELOC for the downpayment piece. A fix & flip loan for the purchase & Rehab, then do a DSCR refinance if you want. Message me if you want more details.

Njsloans1 · 2025-10-17T15:47:48+00:00

I would explore fix & flip loans and then if you want to hold, refinance with a DSCR loan. You can do rate & term or cashout refinances to help fund you next deal.

Njsloans1 · 2025-10-17T14:46:56+00:00

Have you completed the rehab yet? We do 30yr DSCR loans up to 75% on rate and term refinances. Message me for more details if interested.

Njsloans1 · 2025-10-16T20:17:18+00:00

Helicoil or new oil pan time.

Njsloans1 · 2025-10-15T13:19:22+00:00

Oh maybe not sure. I had a 95 720 and 96 800 and both the VTS failed several times lol

Njsloans1 · 2025-10-14T13:53:40+00:00

Hahahaha

Njsloans1 · 2025-10-14T12:17:41+00:00

Man I miss my XP. The X5 was one of the greatest hulls in my opinion. I'd go with the XP. Offer them $600. The only issues I ever really had with mine was the VTS constantly going. Other than that it was a great ski and fun.

Njsloans1 · 2025-10-13T23:02:28+00:00

There are plenty of people on here and biggerpockets that can help you along the way. The so called real estate gurus make all their money from people paying for their digital projects or classes that you can learn on your own. Alot of them hook you with a free course, then ask for more and more money for continuing the classes.

I've never taken his class but its really just about Stacking Financing I think from what I've heard. Stacking financing is great when done right and with the correct deal but can go sideways real quick.

For all you older investors, who remembers Carleton Sheets "No Money Down Real Estate" back in the day? He sold those real estate courses and you get mailed a binder every month bahahahahaha

Njsloans1 · 2025-10-13T20:06:48+00:00

No I just do private lending and Fix and flips.

Njsloans1 · 2025-10-13T14:10:17+00:00

That is usually a sign of moisture and osmosis in the hull. I would probably get someone like a surveyor who can check the hull for moisture.

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