All Forum Posts by: Alex Bekeza

@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!

Looking forward to this tonight! Don't forget to RSVP on our site - https://investorpropertyloan.com/reor/

@Taz Zettergren Thanks for the shout out! 

Check out the highlights from last month! - https://www.instagram.com/p/C7VCkaZvTgo/?hl=en

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!

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-$2,000,000 (larger loan amounts available at reduced LTC/ARV)
  
• 1-4 Unit Residential Properties Only

Orlando, Cape Coral, Tampa, Jacksonville, Miami, Pensacola, Naples, St. Pete