All Forum Posts by: Account Closed

That is actually a really good rate in this current market, especially with that high of leverage. I'd be surprised if you found better. 

Most lender's floor is in the 7's. 

Hi, Brandon. Would love to discuss!

Would love to connect!

Would love to connect.

Hi, Jordan! 

What kind of "promises" are you running into that cannot be followed through with? Would love to connect and see how I can help.

Hi, David. You usually won't find a lender who doesn't require an origination fee. Very few do not require it, but the origination fee is how companies make their money for the work that goes into originating a loan. Also, many loan officers are commission only and the origination fee pays their commission. 

Hope this helps, would love to connect.

Hello, we are based in San Fran. Rates are running from 9.5-12% depending on FICO and experience. Would love to connect. 

I can help. Would love to connect.

I'd love to connect and answer any questions. We are based in San Fran :)

Hi Kate! 

With HML/PML we typically reimburse on rehab funds.(not every company though) So it still can come out of pocket but you get reimbursed on the paid invoices to the contractor for each completed project. I don't know if that sounds ideal to you or not. Some lenders only require real estate investment experience regardless of the type of investment, rental, fix & flip, ground-up construction, etc... So you would want to find the right one that accepts your rental property experience.

Just my thoughts, hope this helps!
I'd love to chat if you have any questions!