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All Forum Posts by: Jacob Sherman

Jacob Sherman has started 7 posts and replied 1291 times.

Private Lending & Conventional Mortgage Advice

Post: Banks that work with out-of-state investors (Augusta GA)

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

Yes able to assist . Is the DSCR what you are looking for ?

0 Votes
Augusta, Georgia
Private Lending & Conventional Mortgage Advice

Post: DSCR vs Cash Out Refi

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

For the dscr most are starting to move to 12 month seasnoing but 6 months is still available and very few 3 months or less . When was the property purchased ? 

0 Votes
San Francisco, California
Private Lending & Conventional Mortgage Advice

Post: Conflict between Lenders

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

yes would get a purchase/rehab HM loan and then refinance to a 30 year fixed after the project is complete . Also majority of lenders want to be in 1st and only lien position 

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Qualifying for Small Multifamily Loans

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

Its probably going to be a bridge loan when you're first starting out 

0 Votes
Sacramento, California
Rehabbing & House Flipping

Post: Fix-and-Flips During the Holiday Season: Opportunity or Challenge?

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

investors work all year long no matter what season or holiday it is :)

0 Votes
Rehabbing & House Flipping

Post: Fix n Flip 70% rule

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

the best place to be is 65% 

0 Votes
Fort Lauderdale, Florida
Rehabbing & House Flipping

Post: Chimney Stack Demo - DIY or Outsource?

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

Would definitely outsource for liability purposes 

1 Vote
Charlotte, North Carolina
Rehabbing & House Flipping

Post: Renovate later for less cash flow now

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

delay and collect 

1 Vote
Rehabbing & House Flipping

Post: Hard money and or private money loans

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

Like an application ? 

0 Votes
Classifieds

Post: Looking for a Private Funding_Fix/Flip Properties

Jacob Sherman
Lender
Pro Member
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,359
  • Votes 299

Hey ! Would love to assist . What are your scenarios looking like ? 

1 Vote