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All Forum Posts by: Jacob Sherman

Jacob Sherman has started 7 posts and replied 1306 times.

Post: Multifamily Investing - Clarksville, TN (Facebook Group)

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,375
  • Votes 306
Quote from @John Williams:

Interested in multifamily investing in Clarksville, TN? This group is for you!

Multifamily Investing - Clarksville, TN (Facebook Group)

Hey John ! Lets talk about some no income no docs financing options for multi family. We are a direct national lender at Lendbright and go upto a 100 units on multi family for bridge, fix and flip as well as DSCR 30 year fixed . Always available at 267-516-0896 [email protected]

Post: Looking to Invest in Section 8 Rentals !!!

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,375
  • Votes 306
Quote from @Gary Khachatrian:

Hi everyone! I am looking to invest into Section 8 housing. What City and State would you recommend me to look into to do this? Thanks a lot. I would appreciate your honest opinions!


Hey Gary ! Would love to discuss some financing options with you for Bridge, fix and flip, ground up construction, and DSCR loans all no income no doc and requiring no experience to get your section 8 portfolio up and running . Can alwys be reached at 267-516-0896 [email protected]

Post: What's the highest rate you've had on a loan?

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,375
  • Votes 306
Quote from @Douglas Skipworth:

What's the highest interest rate you've paid on a long-term loan?  My first two loans on investment properties in Memphis were with Regions Bank at 8.5% and 8.8% (both on 20-year amortizations).


 Depending on the property type, loan amount and credit i've seen upwards into the 11's on no income no doc 30 year fixed loans 

Post: What's the highest rate you've had on a loan?

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,375
  • Votes 306
Quote from @Heather Gates:

My last commercial loan was for 9.25% on a 20-year am with a local bank in Arakansas. It hurt... but planning on refinancing when it makes sense. It's a small value-add MF so cash-flow is still there. 


 Hey Heather ! Lets try to bring you down into the 8's with some possible cashout . We are a direct lender nationally at Lendbright ! 267-516-0896 [email protected] 

Post: Hard money loaning

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,375
  • Votes 306
Quote from @Mike Rethis:

Does anyone have a recommendation of someone who would does hard money lending on a fix and flip property or a brrr?


Hey Mike ! That would be us at Lendbright ! We are a direct lender nationally ! We specialize in Bridge, fix and flip, ground up construction and DSCR loans with no income and no doc . What is your scenario looking like ? Lets connect . Always available at 267-516-0896 [email protected]

Post: Are you struggling to close on your FIX AND FLIP LOAN ?

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,375
  • Votes 306

Are you struggling to close on your FIX AND FLIP LOAN ? Call me and lets review . At lendbright we are a direct lender specializing in bridge, fix and flip, ground up construction and DSCR loans . What is your scenario looking like ? Lets review it together . Always available at 267-516-0896 [email protected]