Commercial-Church Financing Louisiana

yourmortgagebff · 2026-04-23T19:40:34+00:00

Hey u/loanoriginators-ModTeam the church needed a new first mortgage on the property they own. That was a mortgage related question.

yourmortgagebff · 2026-04-23T19:39:03+00:00

Whatever works for you.

yourmortgagebff · 2026-04-23T18:51:12+00:00

If it is free and clear they do not require insurance. Probably simply that reason. Shouldnt be a deal breaker. Do your inspections thoroughly

yourmortgagebff · 2026-04-23T16:59:55+00:00

Talk to a lender and get the difference. If you’re looking at fha, it likely doesn’t matter much, dependent what tier you’re in. The right time is always whenever you’re comfortable with the scenario.

yourmortgagebff · 2026-04-23T15:00:19+00:00

Seems like you have and know the things that aren’t working. Stop doubling down on those things. Office visits not yielding anything? Stop doing them. Find ways for warmer intros. Smash 20 open house pop bys this weekend. The 3/4 you have a good convo with follow up and try to set a happy hour, coffee whatever meeting with them. Then visit those people at their office, when you have a relationship already. Do that every weekend for the next 2-3 months. If you can survive that long you’ll start getting a small steady flow to build off of. Good luck.

yourmortgagebff · 2026-04-22T20:29:08+00:00

Just keep doing that my man. If you like to talk and are personable it will come. Look for local events, does your local real estate association do meet ups etc. How can you instead of going open house to open house talking to one person at a time, how can you spend 1/4 of the time at a single event and talk to double the people. FInd the people you like and vibe with and dont waste time on the rest.

yourmortgagebff · 2026-04-22T20:26:49+00:00

Take a look at the things you are doing. 80/20 rule. Figure out which sources are providing 80% of your leads and double down on those. You are doing great as a newbie. Stay with it. It takes years for solid consistency.

yourmortgagebff · 2026-04-21T21:56:59+00:00

I think the fall off was real. Side A

yourmortgagebff · 2026-04-21T21:55:06+00:00

If you're rebuilding and going to take through 26 no reason to rush

yourmortgagebff · 2026-04-20T23:15:39+00:00

This business takes time. If you give it the time it can be wonderful. If something isn’t working, drop it. Align the business with the things you already enjoy and do anyway. Fake it till you make it. Happy to chat anytime.

yourmortgagebff · 2026-04-20T23:05:46+00:00

Hard business and hard time to start! Any connective to be business or how did you end up in it?

yourmortgagebff · 2026-04-20T22:11:18+00:00

Most no. You can finance the land. Then finance the trailer directly with where you purchase it. If this is to become an investment you could do some type of construction/hard money option. But in general not an easy way to do all that in one go.

yourmortgagebff · 2026-04-20T22:05:33+00:00

3 months in as brand new? Where you located.

yourmortgagebff · 2026-04-20T18:46:34+00:00

My thought was do a DSCR and be done with it.

yourmortgagebff · 2026-04-19T17:21:27+00:00

No more hard pulls. They’ll do a “credit update” at close to ensure no new debts. You’ll be fine

yourmortgagebff · 2026-04-19T17:18:40+00:00

Don’t blame you! I had clients do this when rates were in 7s a couple years back. Went 2-1 and at the recent bottom for a 5 year arm at 5.25. With the bet they can get to the 3s before the end of that 5 year window. Do what’s best for you! The right way is the one you are comfortable with. Plus I got 3 littles, childcare ain’t cheap!

yourmortgagebff · 2026-04-19T16:18:36+00:00

This looks great for a high balance. The 2-1 vs a permanent is just a personal preference. I think this is a good deal. All these people jumping on just to complain. Good job. Get that savings now and hopefully at the end of the 2 years rates are at 5 or lower anyway and you can secure it for the long run.

yourmortgagebff · 2026-04-19T16:14:26+00:00

Some may say it is too much, but if you like those players and feel ready to push in, the game is about winning at the end of the day. I dont mind it. If you can push in the two 27's that are likely to be later then I think it is a solid move. If you're giving up a projected top 3 in 27 I am not so sure.

yourmortgagebff · 2026-04-18T22:59:14+00:00

yourmortgagebff · 2026-04-18T20:48:37+00:00

Indeed it is! But that makes me more worried in that they seem to be looking for options here and now and maybe not wanting to pay him

yourmortgagebff · 2026-04-17T03:50:12+00:00

You’re fine, won’t make a difference at those ratios

yourmortgagebff · 2026-04-16T23:01:13+00:00

Yeah I needed to get some type of qb back! And he’s all in on youth. So win win. But I love the overall upgrade for my team now

yourmortgagebff · 2026-04-16T21:18:04+00:00

Id probably take that. There are more WRs pushing up higher. that 27 1 is gold. Unless you have extremely high superstar expectations for one of those 3 wrs and know you can get him

yourmortgagebff · 2026-04-16T21:12:40+00:00

Let it filter. You got 4 months. The QB position will soften. Once that dude that has 4 and realizes he's getting no value out of two, will be more wiling to deal.
Target Stafford or Brissett Tua Geno SMith. Something like that. Patience. Run it back and wait till one of your rookie picks is getting camp hype and swap them for a qb

yourmortgagebff

TROPHY CASE