All Forum Posts by: David Wasiloski

It would be nice if they had a section for recently closed deals that would lay peoples financing terms. 

Fully occupied…turn key 

I need financing for an 8 unit property I have under contract.  I would like a 30yr term.  I have the down money.  Let me know what’s out here.  

Who can do a bridge or fix and flip on 25 unit in Louisiana. For transparency I need 85% LTV and I don't have experience with a property this size. Credit is 800

So I think the fix and fill is really what I’m looking for.  I’ll have some money on hand to start the renovations right away If I can do 85% down. Great advice here on BP

So I think the fox and fill is really what I’m looking for.  I’ll have some money on hand to start the renovations right away If I can do 85% down. Great advice here on BP

Can your recommend any?

I got a new quote

I found a 25 unit property in Louisiana that cash flows well but it needs some updating.  Asking 1.2mil.  I can cover 20% down but is anyone aware of a product/lender where I can put down 15% or 10%?  I would prefer to put less down and start cleaning up this property right away.   I don’t have all the answered but I’m here and open to ideas……

Owner financing is not an option.  I don’t own any like properties but have been a landlord for the last 10years. My credit hovers around 800

monthy income is 16k

P&I - TBD

Monthly expenses(taxes, trash, insurance ect.) estimated to be 1700.

I'd like a 7 or 10 ARM over 30yrs