All Forum Posts by: Alex Bekeza

What type LTV vs cost do you need to be at to achieve a rate in the 5s?

@River Sava

Please reach out to my cell if anyone has any questions about the event! 

DSCR sitting mid 6s today in the majority of scenarios. In general, most DSCR loans are sold on the secondary market.

@Ed O.

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
  
• 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)
• Minimum 680 FICO
  
• LLC Required
  
• 1st Time Investors Ok at reduced leverage (if they own primary residence)
  
• Loan Amounts from $150,000-$2,000,000 (larger loan amounts available at reduced LTC/ARV)
  
• 1-4 Unit Residential Properties Only

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

@Brandon Beardt 

@Ko Kashiwagi

@Brittney McIntire

@Jonathan Taylor

@Justin Landesman

@Matt Landesman

@Destin E. Thomas

@Tony Clark

@Jeffrey Isenberg

@Shyd Coloma

@Matt Simpson

@Oliver Betuel

@Phillip White

@Kimi Proffer

@Floria Ayivi

@Rodrigo Orellana

@Edward Bardavid

@David Bilandzija

@Sara Aviles

@Isaias Na
@Jason Carter

Join us the second Tuesday of every month in Woodland Hills for a Real Estate Investor Meetup hosted by the most reviewed Lending Team on Bigger Pockets, Investor Property Loan! https://investorpropertyloan.com/reor/

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.

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

This month we will not have any guest speakers but want to extend a huge thank you to our partners at Obie Insurance for sponsoring October's event. We love working with Obie for how easy they make the insurance process for our investor clients while maintaining super competitive pricing. It's refreshing to work with a team of insurance agents who specialize in policies that compliment Flips, BRRRs, and turnkey rental properties that meet all of the lender requirements on the 1st try. Check them out for a free quote today @ https://www.obieinsurance.com/partner/investor-property-loan.

Please reach out to me directly if you have any questions about our event!

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!

@Anne Christensen in 2024, being local to the property offers no real advantage. The vast majority of business purpose lenders (hard money and DSCR) do business in MD because there is no state specific license requirement for those loans.

I'd encourage you to check out the reviews on the lender profile pages here on BP! - https://www.biggerpockets.com/business/page/1744