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All Forum Posts by: Alex Bekeza

Alex Bekeza has started 689 posts and replied 2156 times.

Post: NEW Company Profiles!

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

Love the update @Mindy Jensen.  Now to get more of my team signed up with BP!

Post: the MUST HAVE app? Whats the biggest game changer?

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

Every article you read about real estate investing trends makes some mention to emerging technology and its potential impact for REI. So my question for the BP community is this.

If there was ONE app every real estate investor absolutely HAS to have, what would it be?

Or which app has made the biggest difference for you as an RE investor this year?

All the best,

Alex Bekeza

Post: Lenders in Corpus Christi, TX

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

Check your inbox.  I've sent you a direct message.  I'd be happy to dive into this for you.  Our brokerage specializes in financing investment properties for self employed investors whose tax returns wouldn't normally qualify them for traditional bank financing.  

All the best

Post: Chattanooga Investor Happy Hour!

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

Go Lookouts! 

I'm going to shoot this info to my sister in Chattanooga.  

Post: Best product to kill German Roaches

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

Sometimes killing them on site will only make the problem worse.   Some roaches realize an enzyme when they die that triggers other around them to breed.

You'll want to find a bate product which they will eat, take back to their dwelling, and kill their entire family LOL

These are actually more environmentally friendly as well.  Forgive me for not remembering the product name I used a few years ago but you'll find something similar if you search for sustainable pest management for german cockroaches.

Post: 30 year terms for your investment property!

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

I'm a loan officer based out of Sherman Oaks, CA where we originate loans nationwide.  We offer great financing terms for investors looking to maximize leverage and cash flow on their properties.  

-30 year terms, fully amortized

-Purchase, Rate/Term Refis, and Cash Out Refis

-Interest between the low 7% to low 9% range (depending on credit/property type)

-Rates fixed for either the first 3 or the first 8 years

-70-75% LTV (depending on experience/property type)

-Loan Amounts between $75k and $5 Million

-Flexible Underwriting

-foreign nationals ok 

-NO TAX RETURNS OR BORROWER DTI REQUIREMENTS

Give me a call at 818.606.8823 or shoot me an email to [email protected] and I'd be happy to analyze a situation for you.

All the best,

Alex Bekeza

www.landbrothersre.com 

Post: Refinance advice needed

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

@Jason Hodges 

Before spending a dollar I would take the appraisals you already have and basically perform your own new version using the same exact deductions the appraiser used.  If you can convincingly use the same approach he did to come up with the values that you need then go ahead and pull the trigger on the appraisal.  

Post: Financing for your unique Mixed Use Property

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

We offer great long term financing for commercial investors on multifamily, mixed use, commercial, retail, office, industrial etc.

-30 year terms, fully amortized

-Rates in between conventional and hard money

-70% LTV (75% LTV if multifamily or mixed use)

-No Tax Returns, No Borrower DTI Requirements!

-Great for self employed investors

Give me a call at 818 606 8823

We are based in Sherman Oaks, California but lend nationwide.

Feel free to also reach out via email at [email protected]

Post: Walnut, CA Flip

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

@Sean Faxon is probably not still under contract 3 years later LOL

But HEY, was it a success?!

Post: Lender option in Denver, Colorado

Alex Bekeza
Posted
  • Lender
  • Los Angeles, CA
  • Posts 2,268
  • Votes 1,277

50% LTV is out there for foreigners but one thing you should consider in your situation is finding a seller who will be motivated to carry back a loan in 2nd position. The lender will always require to be in first position but will often allow the borrower to supplement their down payment with seller financing. However, the CLTV or combined LTV of the two loans to purchase will normally not be allowed to exceed their typical LTV limits such as 75%-80%.