All Forum Posts by: Alex Bekeza

Brian Kiczula has always taken great care of me and I think I've done 8 cost seg reports with him so far. For some reason I can't tag him in this text here but you can search for him online pretty easily with that unique last name. 

@Ko Kashiwagi both lends and invests in Alabama.  I'd make sure to run this by him too for a second opinion. 

Please reach out to me on my cell if you have any questions about the event. 

Hi @Karolina Powell if you check out the link to my pricing engine in my BP profile's BIO section you'll see that we'll be priced under 7% on a 30 year fixed at 80% LTV assuming top tier FICO today. This is without any income verification too. LLC vesting totally fine with us. Feel free to reach out directly if you want to hop on a call.

Hey @Andrew Self unfortunately, Bigger Pockets doesn't have a way to sort lenders by # of BP references or google reviews but I highly encourage you to research ours. You can also check out what 80% LTV pricing would look like on this potential deal using the link to our pricing engine in my bio on my BP profile.

@Kolin Goff I invest in Saint Louis too (South City) and I just sent you a PM with some info on cashing out prior to 12 months and I think you'll be surprised that pricing will stand up toe to toe with conventional without needing 12 months AND offer higher LTV on a duplex investment than conventional.

@Yinon Estikangi Typically if the property has been owned for less than 6 months and the property was recently renovated then we would be fine closing vacant and use the appraisers opinion of market rent to determine DSCR. I often get exceptions to close vacant beyond 6 months of ownership but generally speaking we'd want to see it leased after that point for the best rates and terms. We'd only need 90 days of title seasoning to use the new appraised value for cash out on a BRRRR.

75% will be the industry standard for max cash out.  However, 80% is typically available as a rate/term aka limited cash out refinance (cash out just being used to cover closing costs and prepaid items like taxes/insurance).

Your phenomenal DSCR is just a cherry on top. Lenders will base their max LTV on the appraised value assuming positive DSCR. However, they will not let strong DSCR drive them beyond their typical LTV caps.

Do you see strong comp support for a higher appraised value? If so, a second appraisal could be warranted.  I'd just make sure you have 2-4 unit properties that are superior that were not already used in the previous report and are in some way more comparable (closing in proximity or date of sale etc)

I'm thrilled about a new tool we've launched that allows borrowers to get their own real time pricing for DSCR loans with a few simple clicks 24 hours a day 7 days a week. This portal is not only great for getting the submission process started with us but also an awesome tool to play with when pre-underwriting deals. We're going to continue to add features every single week to enhance the user experience and make getting a DSCR loan as easy as possible without loosing the white glove service touch which earned us so many 5 star reviews. Link to our google reviews

Here's the link to this new tool - www.investorpropertyloan.com/DSCR

While our company does still offer other unique products, this tool will be unique to long term rental units. So if you have a short term rental, flip, or other unique scenario we can still totally handle that but it would fall outside of this new calculator.

BRRRR

Mark your calendars! Our next investor meetup is happening on Tuesday, March 11, 2025, and we're excited to welcome Taz Zettergren, Senior Portfolio Advisor at REI Nation, as our guest speaker.

About Taz Zettergren: @Taz Zettergren
Born and raised just south of Memphis in North Mississippi, Taz is an avid outdoorsman who enjoys hunting, hiking, snowboarding, and golfing. He attended Ole Miss, where he earned a double major in Risk Management/Insurance and Real Estate while also lettering in football for four years.

Since 2017, Taz has been with REI Nation/Premier Property Management, a family-owned company with an impressive track record—having purchased and sold over 10,000 properties in the past 21 years. Today, they manage 8,000 homes for 3,500 investors, offering a fully passive approach to rental property ownership. REI Nation specializes in median-priced, single-family homes in suburban markets, providing stability and long-term value for investors nationwide.

This is a great opportunity to network, learn, and gain insights into hands-off real estate investing from an industry expert.

Join us the second Tuesday of every month for an exclusive Real Estate Meetup hosted by the Investor Property Loan team! Are you looking to level up your real estate game? Whether you're into buying, selling, investing, or financing, this meetup is tailor-made for YOU! Connect with like-minded real estate investors and learn from each other's experiences at our dynamic networking sessions. Gain invaluable insights and industry secrets that took the biggest experts years to acquire. Our team of professionals is here to share special tools and knowledge with you! Don't miss out on this golden opportunity to enhance your real estate ventures and make profitable connections!

Location: Pitfire Pizza @ The Village at Topanga - 6250 Topanga Canyon, Woodland Hills, CA 91367
Date & Time: Tuesday March 11th, 2025 @ 6PM