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All Forum Posts by: Anna Cerda

Anna Cerda has started 3 posts and replied 16 times.

Post: Bank Statement Loans

Anna CerdaPosted
  • Real Estate Agent
  • New Jersey
  • Posts 16
  • Votes 7
Quote from @Raymond J. Rodrigues:

@Anna Cerda, that is true. Are you buying this property as a primary residence or investment? Are you working with an investor focused realtor as of yet or are you searching on your own? 


 I am working in my own. Its be really hard to find a good realtor - they all seem disconnected.

Post: Bank Statement Loans

Anna CerdaPosted
  • Real Estate Agent
  • New Jersey
  • Posts 16
  • Votes 7
Quote from @Adam Schooley:

@Anna Cerda I'm a local agent and investor here in South Florida.  I have two off market multifamilies I'm currently working on in Fort lauderdale.  Believe it or not there are lots of opportunities in Fort Lauderdale, Hollywood and Dania Beach right now.  After these cities were hit by record breaking rain falls in April of this year several properties have come across my desk from flood damage.  There are alot of tired landlords that don't want to spend the money to rehab them and start all over again.  


 Hi Adam,  I am a realtor in NJ and are looking to relocate. Do you have any properties performing at least 10% cap rate

Post: Bank Statement Loans

Anna CerdaPosted
  • Real Estate Agent
  • New Jersey
  • Posts 16
  • Votes 7
Quote from @Raymond J. Rodrigues:

@Anna Cerda, where are you looking to buy and at what price point? 


 Fort Lauderdale area- there are not too many areas that have multifamilies.

Post: Bank Statement Loans

Anna CerdaPosted
  • Real Estate Agent
  • New Jersey
  • Posts 16
  • Votes 7
Quote from @Raymond J. Rodrigues:

Hi@Anna Cerda, I’ve done quite a few bank statement loans in the past and would be happy to share any information and answer any questions that you may have. Feel free to reach out. I’m located in South Florida as well!


 Thank you. Right now I am looking for a four plex but it has been extremely challenging.  Everything is excessively over priced. 

Post: Bank Statement Loans

Anna CerdaPosted
  • Real Estate Agent
  • New Jersey
  • Posts 16
  • Votes 7

If I am interested in buying a rental property with a DSCR but the rents are not market rate but all tenants are month to month, what can you do to show the bank you will be getting new tenants?

Post: Bank Statement Loans

Anna CerdaPosted
  • Real Estate Agent
  • New Jersey
  • Posts 16
  • Votes 7

Hi, can someone provide information on bank statement loans- process, rate, cost.... just to have an idea... someone who has purchased with this type of financing.