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All Forum Posts by: Brandon Croucier

Brandon Croucier has started 1 posts and replied 551 times.

Post: DSCR Lenders for Under $100k Purchase

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

The loans are available but nobody wants to do them.

There always seems to be something wrong with the properties, as lenders we just can't make enough $ for our time.

9/10 Borrowers also complain about the "excessive fees" for the loan amount.

If you are okay with paying 8k in closing costs then the loan is available.

Post: Cash-our Refinance - DSCR

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

Seems like a slam dunk, do you want to take cashout as well?

Post: Letter of Intent with Loan Fee - Is this Legit

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

Sure thing :)

Post: Letter of Intent with Loan Fee - Is this Legit

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

No need to be paying an upfront fee to a lender.

As a lender it is our job to perform or we do not get paid.

Post: Basic approach to secure financing on an investment property

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

Brokers are your best friend as we have the entire industry at the palm of our hand and usually save you time & money.

Post: Looking For An Asset Based Lender

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

What kind of LTV Are you looking for?

Post: Lender backed out at closing table

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

Hi Dashawn,

Happy to connect if you are still looking for financing.

If you have experience flipping, I have quite a few investors who would lend you on ground-up construction.

Post: Exploring Cash-Out Refi Options

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

Hey Jerry,

You are definitely in the right place, there’s a multitude of lenders that could help you out. Is this a single family, multifamily or commercial property?

Post: Thinking of refinancing

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

Now is not the time to refi for you, keep an eye on the MBS market, when you see a 1-2% drop thats when you should refi.

What state are you in?

Post: Rural DSCR lender - California

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 600
  • Votes 239

Hey Gene, Did you ever get this property refinanced?