All Forum Posts by: Hai Le

80% LTV, not familiar with the term PPP, it is a tri-plex. I'll shoot you a message and we can connect!

Who would you recommend for DSCR Loans in NY with decent rate and closing costs? Currently looking at 7.875%-8.375% with $5500 in closing costs with tier 1 credit

Good morning, has anybody had experience using Center Street Lending for loans/DSCR loans?

Just want to do my due diligence before proceeding, has good reviews from google but haven't seen any reviews from people on BP. Any help is appreciated.

Hello, I currently have 2 rental properties in upstate NY and I am looking to purchase more in the near future. I'm looking into getting a DSCR loan as I'm looking to move out of state in the near future but still purchase properties here remotely. I've been trying to do research as far as different DSCR Companies but not sure who is reputable and who isn't. I've requested contact from companies like Nationwide Mortgage Bankers, Express Capital Financing, LendingOne and Easy Street Capital. Who do you guys go through, what's your experience with any of these companies and who would you recommend I go through?

Am I allowed to ask for a tenants vehicle information to add to their file?

I currently have my multi-family as a double Airbnb and have thermostat and electrical panel in the bottom unit. I am now converting it to a LTR property as I'm moving away and don't want the hassle of trying to take care of it while not in the area. I will be listing both units for rent, I'm expected to probably include utilities as there is one meter for the property for everything; in which the numbers still work with utilities included. How do I go about addressing that the thermostat and electrical panel is in the bottom unit and will there be issues with if a breaker trips or if one unit wants it warmer/cooler?

Hey there! I’m looking to purchase a house in cash for $20k, it’ll take 60k-70k in renovations which would take about 3-4 months and market value post renovations is about 160k.

Is there any way around the 6 month seasoning period to be able to cash out refi earlier than the 6 months that I’ve been told?

I have a garage tenant, 

My contractors are working on my house and the garage tenant decides to go into the house (he doesn’t have a lease that is inside the house, only the detached garage)

What do I do from here/is this in breach of lease contract??