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All Forum Posts by: Brandon Croucier

Brandon Croucier has started 1 posts and replied 499 times.

Post: Inquiry: Mortgage Interest Rate with Point Buy Down

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

This is going to vary significantly depending on numerous factors.


Always happy to connect 

Post: How to spot scams or is there a site that evaluates DSCR lenders

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

Hey Bruce,

I recommend working with an experienced DSCR Broker who knows the ins and outs of the industry to guide you in to the right product and pricing for you.

Post: Refinance step of BRRR

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

Hey Troy!

Congrats on finishing up the rehab, as others have mentioned, make sure to document your work.

Keep the invoices handy. Provide the scope of work done to the appraiser.

All you can do is your best, so make it nice and pretty for that appraiser.

Especially if you are looking to cash out refinance shortly here.

Post: Private money/meet ups

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

Hi Melis,

Nowadays not everything has to be done face to face,

What kind of deal do you need funding on?

Post: What are the Options for My Client?

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

A Mortgage Broker,

Happy to connect.

Post: Looking for DSCR loan brokers in Orlando area

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

The broker doesn't need to be local to help you out.

Local does not always mean better :)

Post: DSCR lending expert

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

DSCR Cashout is your best bet!

Take the cashout and buy the mobile home park!

Post: What are the Options for My Client?

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

12 or 24 Month Bank Statement is probably the best bet.

Post: What is the Best Way to Grow as a Private Lender

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227
Quote from @Chris Seveney:

They are more than a one man show - they are doing $10-12MM a year in lending (also have other parts of business) and have the people and systems in place includin g all above except the deal flow.

How does one profitably run a PML company with numerous people only funding 10-12M a year?

If they have money and can compete on pricing, brokers will be the best bet.

Post: Income Based / DSCR Refinance Loan - 80%+ LTV

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 544
  • Votes 227

Glad to assist you in a 80% refinance, please feel free to reach out.