All Forum Posts by: Alex Bekeza

@Reid Beckers I'd be happy to dial in a quote for this cash out refi (DSCR). I encourage you to check out our bigger pockets references and google reviews.

  I'm actually near you in Los Angeles and we host a monthly Investor Meetup which has quite a few LA residents investing in Ohio so we'd love to invite you to join us.   We have one this Tuesday in Woodland Hills. https://www.biggerpockets.com/forums/521/topics/1198102-real...

@Shyd Coloma @Matt Simpson @Jeffrey Isenberg @Jason Carter @Phillip White  @Kimi Proffer @Tony Clark @Rodrigo Orellana

@Edward Bardavid @Destin E. Thomas @Brittney McIntire @Brandon Beardt @Jonathan Taylor @David Bilandzija

@Domenick Booker-Pomata @Isaias Na @Oliver Betuel @Atanas Angeles @Sara Aviles

@Sara Aviles

@Sara Aviles

See some clips from previous meetups here! https://www.instagram.com/p/C6KFqlfykIB/?hl=en

Join us the second Tuesday of every month for a Real Estate Meetup hosted by the Investor Property Loan team!

This is a casual real estate networking event, no pitch, no sales, no gimmicks, just a great place to break bread at a cocktail hour with like minded people on similar missions. Come connect with other investors (buying both locally and out of state), agents, wholesalers, contractors, and of course the most high reviewed team of lenders on BP.

Join us when we visit Atlanta this Fall as Sponsors of Erika Brown's Owning It & Living it Event - https://experience.owningitandlivingit.com/

See what our Bigger Pockets clients are saying -- > Bigger Pockets Reviews
See what others are saying on Google Reviews & Yelp Reviews

How to request free quotes:

• 30 Year Fixed DSCR Scenarios - DSCR Loan Quote Request

For DSCR Based Financing

• 30 Year Fixed
  
• Cash Out your BRRRR as early as 90 days of title seasoning (unaffected by recent Fannie/Freddie guideline changes!)
  
• Up to 75% LTV for Cash Out
  
• Up to 80% LTV for Purchases
  
• Minimum 680 FICO
  
• LLC Vesting Required
  
• No Cap on the # of Rental Properties Owned
  
• No DTI Requirements! (no tax returns or proof of personal income)
  
• Qualify based on DSCR/FICO
  
• Loans from $75,000-$2,000,000
  
• 1-4 Unit Properties

Atlanta, Augusta, Columbus, Macon, Savannah, Athens, and more!

@Scott Bogue Most DSCR lenders will allow or even prefer the use of LLCs. We just need at least 1 member owning at least 25% of the entity to serve as a personal guarantor. Happy to work up a quote anytime.

@Dan Hinchman You could get pretty darn close to that rate via DSCR and it would be a 30 year fixed instead of the bank's 5 year w/ 20 year AM. So even with a slightly higher rate you'd have lower monthly debt service (and most likely a much simpler underwriting process).

@Luke Lee We could do this at 80% LTV, without P & Ls or rental history, without personal income requirements, etc as long as each property appraises for at least $100,000 and there's no serious deferred maintenance issues.  However, we would need at least MTM leases generated (even if brand new) on any units that are occupied in the appraisal.  An estoppel establishes the terms of the lease so if a tenant is willing to sign that they should be willing to sign an active MTM lease I would imagine. We could use the appraisers opinion of market rent for any vacant units as long as they're in "rent ready condition".  

@Leonard Rybak 80% LTV is the highest we're doing on DSCR. I'm not sure who is buying that paper at 85% but I hear its out there somewhere.

Join us when we visit Atlanta this Fall as Sponsors of Erika Brown's Owning It & Living it Event - https://experience.owningitandlivingit.com/

See what our Bigger Pockets clients are saying -- > Bigger Pockets Reviews
See what others are saying on Google Reviews & Yelp Reviews

How to request free quotes:

• 30 Year Fixed DSCR Scenarios - DSCR Loan Quote Request

For DSCR Based Financing

• 30 Year Fixed
  
• Cash Out your BRRRR as early as 90 days of title seasoning (unaffected by recent Fannie/Freddie guideline changes!)
  
• Up to 75% LTV for Cash Out
  
• Up to 80% LTV for Purchases
  
• Minimum 680 FICO
  
• LLC Vesting Required
  
• No Cap on the # of Rental Properties Owned
  
• No DTI Requirements! (no tax returns or proof of personal income)
  
• Qualify based on DSCR/FICO
  
• Loans from $75,000-$2,000,000
  
• 1-4 Unit Properties

Atlanta, Augusta, Columbus, Macon, Savannah, Athens, and more! 

See what our Bigger Pockets clients are saying -- > Bigger Pockets Reviews
See what others are saying on Google Reviews & Yelp Reviews

How to request free quotes:

• 30 Year Fixed DSCR Scenarios - DSCR Loan Quote Request

For DSCR Based Financing

• 30 Year Fixed
  
• Cash Out your BRRRR as early as 90 days of title seasoning (unaffected by recent Fannie/Freddie guideline changes!)
  
• Up to 75% LTV for Cash Out
  
• Up to 80% LTV for Purchases
  
• Minimum 680 FICO
  
• LLC Vesting Required
  
• No Cap on the # of Rental Properties Owned
  
• No DTI Requirements! (no tax returns or proof of personal income)
  
• Qualify based on DSCR/FICO
  
• Loans from $75,000-$2,000,000
  
• 1-4 Unit Properties

Bridgeport, New Haven, Stamford, Hartford, Waterbury, Norwalk, Danbury, New Britain, and more!