All Forum Posts by: Gaetano Ciambriello

We broker private money loans to investors in the states we are licensed in (although most of the business is NJ, PA and the Northeast).

We originate 1st lien position loans with attractive LTVs.

If you would like to chat further, I would be happy to connect and then show you a couple opportunities as they come up!

This is a net positive for the business AND top producing agents like yourself.

You will have agents who do this part time or only do 1-3 transactions a year no longer want to spend time in the business (as it will not be as lucrative).

The top agents will pick up more market share and be able to help more clients.

That is how I see it.

Hi @Jeremy Tanner!

I am a mortgage lender based in CT and also licensed in OH. I own 17 units in Fairfield County (8 properties) and would love to connect with you.

I would not write off CT and frequently advise clients to be careful with long distance investing!

Happy to chat if you'd like!

There is no self-sufficiency rule with VA!

You just need 6 months reserves to use rental income!

Hi @Ankit Lodha I would be happy to chat! Shoot me a DM and we can connect.

You can do a cash-out refinance after 12 months if you want to use the ARV for a conventional loan.

Non-QM loans typically have a 6 month seasoning period!

If you wanted to do a delayed cash-out refi, that can be done right away but the 75% loan is based on purchase price and not the value. Not worth it in this case.

Can't wait!

I love Twitter! Here is some humor over the past couple days! I focus sharing information on mortgage lending, student rental investing and creative financing strategies!

Are there any other student housing investors on BP? I invest in CT and rent to about 80 students.

I have also financed dozen or more loans for student rentals in the last 3 years. Would love to connect with others in the space! I am even happy to share information/teach others how we make it work!

Hi @Ivan Zuniga - you should 100% use a veteran loan to purchase your first property. You can buy up to 4 units with no money out of your pocket. There is no private mortgage insurance and it is by far the best way to get started with real estate investing!

Happy to connect if you'd like to DM me!