All Forum Posts by: Denver McClure

Hey @Darsheka Nelson, it takes time to source great contractors. I have several rentals in Dallas and tried out many GCs before locking in my favorite ones. Happy to share my contact list with you!

Hey @Jonathan Chan, we have several gap lenders in our network. Feel free to reach out if you'd like. 

Hey @Monica Juarez-Gonzales, welcome to BP! I'm also in Dallas, so feel free to reach out if you'd like to chat sometime!

Hey @Bob Asad, we have several HELOC lenders in our network that cover your area. Feel free to PM me.

Hey @Gary Stark, we have several lenders that can handle that. Feel free to PM me.

@Harrison Sharp might have a few contacts for you.

@Jeff Nash might have a few contacts for you.

Hey @Jennifer Figueroa, if you were to refi already, do you have enough equity to perform a cash-out? If you have less than 20% equity, I wouldn't do anything right now. Feel free to reach out, I'd be happy to analyze the situation with you.

Hey @Kyle Keller, without using personal income, you'll most likely need to refi into another DSCR. Just confirm what your PPP is and when you might be able to do a refi.

Not going to dive too much further into DSTs, but I will say they are a great tool if used properly.

Work with an Investment Advisor over a broker/dealer if you are interested. B/Ds are usually paid via commissions for selling the DST, but if you go through an RIA, most DST providers pass along a "gross-up bonus" directly to the investor since they no longer have to pay the B/D a commission. We typically see these bonuses between 5.5-6.5% of your initial equity investment. Plus an advisor must act as a fiduciary to you, and aid in the discovery and due diligence to help put the right options in front of you.