All Forum Posts by: Dominic Pizzi

Hi Jenn, 

Happy to help here, we're based out of Freehold!

Shoot me a message if you'd like to discuss.

 Seems as though it depends on the agreement made with said silent investor. If you just need to pay them back the 20% they are owed, then you pay him out of the proceeds of the cash out and net the remainder. If you do not need the silent investor for property #2, then you don't use them. 

Hi Sal!

Would love to assist here with a DSCR loan if I could.

Sending you a message to connect!

Rates have dropped recently, and we're looking at rates in the mid to high 6s if all of the below markers are hit!

Criteria we are looking for is listed below:

• 720 FICO Score
• 1.20+ DSCR
• Close in an Entity
• $100,000 AIV (Refinance) or Purchase Price (Purchase)
• No Mortgage Lates
• 1-4 Unit Properties

Does this fit what you are looking for? Reach out!

Rates have dropped recently, and we're looking at rates in the mid to high 6s if all of the below markers are hit!

Criteria we are looking for is listed below:

• 720 FICO Score
• 1.20+ DSCR
• Close in an Entity
• $100,000 AIV(Refinance) or Purchase Price(Purchase)
• No Mortgage Lates
• 1-4 Unit Properties

Does this fit what you are looking for? Reach out!

Hey Mark, 

Likely the mixed use and the rural for us would need to be separated, but we could group together all of the other ones if you'd like. 

Shoot me a message and lets see what we can do!

Hi Haley, 

As a private lender, we do DSCR Cash Out Refinances all the time, and you can close in your LLC.

If you have some information on your properties, I would love to see how I can help out here. 

Do you already have a cash flowing investment property that you are looking to pull some cash out of to start another project?

Or are you looking for a rent ready property to purchase?

Look no further than Brrrr.com!

Requirements:

700+ Credit

1.20+ DSCR

80% LTV Purchase, 65-75% LTV Cash Out Refinances

Ex: Quote sent out today for a SFR in Illinois, 75% LTV Cash Out Refinance: 720+ Credit, 1.40+ DSCR: Final Rate = 6.98%

*Disclaimer, we do not rate lock until we submit a file to Underwriting, so this is subject to change*

Does this fit your box? Reach out to me!

Hi all!

My team can do loans down to $50,000, so long as the property can appraise for $75,000+. 

Reach out with any questions

A lot of lenders usually have $100,000 minimum loan amounts on their DSCR programs.

At Brrrr.com, as long as the property cash flows at a 1.000 DSCR, we can go down to $50,000, so long as the property appraises for $75,000 or higher.

Do you have a property that you're interested in that fits the criteria? Send it my way so I can take a look!

Dominic Pizzi

Account Executive @ Brrrr.com

908-910-6955

[email protected]