All Forum Posts by: Brian Valdivia

Skip to content

Quick search links

Find an Agent Find a Lender Hard Money Lenders Podcast Books

Pick markets

Market Finder - NEW PRO Picking a Market Workshop PRO Picking a Market Worksheet Top 100 Cash Flow Markets Market Insights - Sunbelt Region

Market finder

Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent to price ratio, and more.

Find deals

BiggerDeals NEW Off-Market Deal finding PRO Real Estate Syndications Investor-Friendly Agents Find Foreclosures Community Listings (FSBO) Business Directory

BiggerDeals

Quickly find your perfect investment property based on your cash flow and ROI goals.

Invelo - Off market deals

Scale your portfolio with off-market deals

Calculators

Rental Property Calculator PRO Rehab Estimator PRO Rent Estimator PRO BRRRR PRO Fix & Flip PRO Short-Term Rental PRO Sell vs. Keep PRO Landlord Insurance Calculator by Steadily All Calculators

Rental property calculator

Is it a good deal? Run your numbers like a pro with this simple yet powerful calculator.

Run the Numbers

Rent estimator

Understand how much rental income you can expect based on recent reports and data for your specific property.

All Books

Best Sellers Browse All New Books & Pre-Orders PRO Bundle & Save Books for Beginners

Flip your way to financial freedom

Scale your investment framework with this valuable guide to compounding real estate success.

Outsmart the short-term rental competition

Cash in on the exploding STR market with this must-have guide from expert Avery Carl.

Plans and Pricing

Pro Membership Business Membership

TRY PRO FOR 7 DAYS COMPLETELY FREE

Avoid mistakes and make informed decisions with Pro.

Start Free Trial

GROW YOUR BUSINESS

Promote your business on BiggerPockets and make quality connections with the right investors

×

Try Pro Features for Free

Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Followed Discussions Followed Categories Followed People Followed Locations

All Forum Categories

All Forum Categories

Followed Discussions

Followed Categories

Followed People

Followed Locations

Market News & Data

Market Trends & Data

Buying & Selling Real Estate

Out of State Investing

Real Estate News & Current Events

Real Estate Technology

Investor Mindset

General Info

BiggerPockets Exclusive PRO Area

General Real Estate Investing

BPCON

New Member Introductions

Questions About BiggerPockets & Official Site Announcements

Off Topic

Starting Out

Real Estate Success Stories

Real Estate Horror Stories

Real Estate Strategies

House Hacking

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Commercial Real Estate Investing

Mobile Home Park Investing

Innovative Strategies

Land & New Construction

Multi-Family and Apartment Investing

Wholesaling

Rehabbing & House Flipping

Short-Term & Vacation Rental Discussions presented by

Tax Liens & Mortgage Notes

Medium-Term Rentals

Buying & Selling Small Businesses

Outdoor Hospitality

Landlording & Rental Properties

General Landlording & Rental Properties

Managing Your Property

Marketing Your Property

Tenant Screening

First-Time Home Buyer

Real Estate Professionals

Mortgage Brokers & Lenders

Contractors

Real Estate Agent

Financial, Tax, & Legal

Creative Real Estate Financing presented by

Personal Finance

Insurance

Private Lending & Conventional Mortgage Advice

Tax, SDIRAs & Cost Segregation presented by

Foreclosures

1031 Exchanges presented by

Goals, Business Plans & Entities

Legal & Legislation

Real Estate Classifieds

Classifieds

Real Estate Events & Meetups

Reviews & Feedback

Ask About A Real Estate Company

Real Estate Deal Analysis & Advice

Guru, Book, & Course Reviews

Syndications & Passive Real Estate Investing

Brian Valdivia has started 44 posts and replied 87 times.

Quote from @Miles Matias:

I want to know the seasoning period for a dscr for me not to be considered a new or first time investor. I close on the 24th but would like to buy my next property asap. I really don’t want to wait a year and hope I can get a dscr sooner looked at as a seasoned investor. I got a duplex 120k

Miles,

In my experience with Beltway Lending, there are two options (listed below) and they do not account for your personal experience.

-30 Days: Rate/term refinance. This means that we are just paying off the existing debt on the property and going into a long term DSCR loan WITHOUT taking any cash out of the property

-90 days: Cash out refinance based off of the appraisal value

0 Votes

Hey!

A couple questions with my thought process behind it. This has happened to me a few times:

1. Is there an agent involved?
1a. if so, they can likely help figure out why the buyer is changing. Also, they can help vet what's going on

2. Is the buyer 100% using financing? If not, the llc wont matter

3. Is there any chance it is being assigned? Not the end of the world if so, as long as it closes on time.

1 Vote

Quote from @Fred Gonzalo:

After 10 properties..how do I scale up and expand my portofolio?

I hear many say get a portofolio loan from small banks.. is that the route to take for anyone who has more than 10?

Thanks

Hey Fred!

DSCR loans are the answer for these. I personally use them for my own refinances. They do not have the same restrictions and offer a few other benefits. Here's a few:

-More than 10 (fannie / freddie limit)
-Close in an LLC or Corporation if desired
-These loans won't show up on your personal credit score once they close
-Underwriting evaluates the property's income instead of your personal debt to income.

0 Votes

Jersey City, New Jersey

Quote from @William Lu:

I live in California and found an off market deal for a commercial property in a different state. I plan on renting it out.

However, I am having trouble finding any lenders.

*BoA says they don't do commercial loans for commercial investment properties, only for businesses.

* I tried contacting a local mortgage broker, but she didn't find anything .

* Local credit union is out of the question because I don't live in that state.

Any tips on finding a lender would be much appreciated.

Hey William! Once this property is leased up and stabilized I think that you'll have a much easier time getting longer term financing. I do have a few resources that can help on the financing for this one, but definitely want to wait until it's stabilized.

0 Votes

Columbia, South Carolina

Real Estate Deal Analysis & Advice

Post: 425 Linden Ave, Cambridge, MD 21613

Posted August 08, 2023 21:42

Investor
Kingsville, MD
Posts 90
Votes 18

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000
Cash invested: $7,671

Long Term Rental with Market Tenant

0 Votes

Real Estate Deal Analysis & Advice

Post: 717 Robbins St, Cambridge, MD 21613

Posted August 08, 2023 21:39

Investor
Kingsville, MD
Posts 90
Votes 18

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $72,000
Cash invested: $6,136

Long Term Rental with Market Tenant

0 Votes

Real Estate Deal Analysis & Advice

Post: 803 Phillips St, Cambridge, MD 21613

Posted August 08, 2023 21:38

Investor
Kingsville, MD
Posts 90
Votes 18

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $48,707
Cash invested: $4,151

Long Term Rental with Market Tenant

0 Votes

Real Estate Deal Analysis & Advice

Post: 800 Phillips St, Cambridge, MD 21613

Posted August 08, 2023 21:34

Investor
Kingsville, MD
Posts 90
Votes 18

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $47,983
Cash invested: $4,089

Long Term Rental with Market Tenant

0 Votes

Real Estate Deal Analysis & Advice

Post: 445 Willis St, Cambridge, MD 21613

Posted August 08, 2023 21:32

Investor
Kingsville, MD
Posts 90
Votes 18

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000
Cash invested: $7,671

Long Term Rental with Market Tenant

0 Votes

Real Estate Deal Analysis & Advice

Post: 64 Mavista Ave, Dundalk, MD 21222

Posted August 08, 2023 21:31

Investor
Kingsville, MD
Posts 90
Votes 18

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $190,000
Cash invested: $16,194

Long Term Rental with Market Tenant

0 Votes