All Forum Posts by: Alex Bekeza

I got caught off guard by some sick kiddos this evening so I'll have to stay home but hope to catch the next one! 

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:

• 12, 18, or 24 Month Purchase & Rehab Scenarios - Purchase & Rehab Inquiry
  
• 30 Year Fixed DSCR Scenarios - DSCR Loan Quote Request
  

For Purchase + Rehab

• 12, 18, or 24 Month Term Options
  
• NO Prepayment Penalty (*ask about our 90 day seasoning products for 75% cash out on BRRRRs*)
  
• Up to 90% of purchase price + 100% of rehab (not to exceed 75% ARV) *some zip codes are capped at lower ARVs based on risk profile*
  
• Interest Only Payments (interest is only paid on drawn balance)
  
• Rates in the 10%/11% range
  
• Minimum 680 FICO
  
• LLC Required
  
• 1st Time Investors Ok at reduced leverage (if they own primary residence)
  
• Loan Amounts from $100,000-$2,000,000 (larger loan amounts available at reduced LTC/ARV)
  
• 1-4 Unit Residential Properties Only
  

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

@James Wise

We're still funding both ends of the BRRRR every day for a living. It's definitely market dependent. Texas property taxes kill cash flow in many parts of the state but not all. (I've seen some decent deals lately come through in San Antonio). BRRRR is alive and well in the markets it always thrived in like Memphis, Cleveland, Saint Louis, Philadelphia, etc where the prices are supported by the rents even with higher interest rates.

Looking forward to tomorrow! Just bumping this up in the threads for the last 24 hours before the event. 

@Jordan Ray Feel free to reach out anytime sir! 

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
• 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

38002 (Memphis), 38016 (Memphis), 38018 (Memphis), 38028 (Memphis), 38103 (Memphis), 38104 (Memphis), 38105 (Memphis), 38106 (Memphis), 38107 (Memphis), 38108 (Memphis), 38109 (Memphis), 38111 (Memphis), 38112 (Memphis), 38114 (Memphis), 38115 (Memphis), 38116 (Memphis), 38117 (Memphis), 38118 (Memphis), 38119 (Memphis), 38120 (Memphis), 38122 (Memphis), 38125 (Memphis), 38126 (Memphis), 38127 (Memphis), 38128 (Memphis), 38131 (Memphis), 38132 (Memphis), 38133 (Memphis), 38134 (Memphis), 38135 (Memphis), 38138 (Memphis), 38141 (Memphis), and 38152 (Memphis).

Woo hoo! See ya there. 

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:

• 12, 18, or 24 Month Purchase & Rehab Scenarios - Purchase & Rehab Inquiry

For Purchase + Rehab

• 12, 18, or 24 Month Term Options
  
• NO Prepayment Penalty (*ask about our 90 day seasoning products for 75% cash out on BRRRRs*)
  
• Up to 90% of purchase price + 100% of rehab (not to exceed 75% ARV) *some zip codes are capped at lower ARVs based on risk profile*
  
• Interest Only Payments (interest is only paid on drawn balance)
  
• Rates in the 10%/11% range
  
• Minimum 680 FICO
  
• LLC Required
  
• 1st Time Investors Ok at reduced leverage (if they own primary residence)
  
• Loan Amounts from $100,000-$5,000,000
• 1-4 Unit Residential Properties Only

We also host a monthly Real Estate Investor Meetup in Woodland Hills! - https://www.biggerpockets.com/forums/521/topics/1159539-real...

Agoura Hills
Alhambra
Arcadia
Artesia
Avalon
Azusa
Baldwin Park
Bell
Bell Gardens
Bellflower
Beverly Hills
Bradbury
Burbank
Calabasas
Carson
Cerritos
Claremont
Commerce, City of
Compton
Covina
Cudahy
Culver City

Diamond Bar
Downey
Duarte
El Monte
El Segundo
Gardena
Glendale
Glendora
Hawaiian Gardens
Hawthorne
Hermosa Beach
Hidden Hills
Huntington Park
Industry, City of
Inglewood
Irwindale
La Cañada Flintridge
La Mirada
La Puente
La Verne
La Habra Heights
Lakewood

Lancaster
Lawndale
Lomita
Long Beach
Los Angeles
Lynwood
Malibu
Manhattan Beach
Maywood
Monrovia
Montebello
Monterey Park
Norwalk
Palmdale
Palos Verdes Estates
Paramount
Pasadena
Pico Rivera
Pomona
Rancho Palos Verdes
Redondo Beach
Rolling Hills

Rolling Hills Estates
Rosemead
San Dimas
San Fernando
San Gabriel
San Marino
Santa Clarita
Santa Fe Springs
Santa Monica
Sierra Madre
Signal Hill
South El Monte
South Gate
South Pasadena
Temple City
Torrance
Vernon
Walnut
West Covina
West Hollywood
Westlake Village
Whittier