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All Forum Posts by: Jacob Sherman

Jacob Sherman has started 7 posts and replied 1293 times.

Private Lending & Conventional Mortgage Advice

Post: Private money lending, Chicago

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

all lenders record the lien . what is the scenario looking like ? 

0 Votes
Chicago, Illinois
Private Lending & Conventional Mortgage Advice

Post: Loans on Spec Home Construction

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

we are a direct lender and would love to assist with any questions you may have 

0 Votes
Minneapolis, Minnesota
Private Lending & Conventional Mortgage Advice

Post: Just closed on 1st investment using conventional, can i purchase 2nd right away?

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

hey ! a dscr loan product would be best for you . they are most convenient 

0 Votes
Upstate New York, New York
Private Lending & Conventional Mortgage Advice

Post: Hoping to get a survey of DSCR Loan Rates

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

in the 7's conservatively 

1 Vote
New York City, New York
Classifieds

Post: hard money lender for 10 unit property

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304
Quote from @Peter Jin:

Hi, 

I am in the process of put an 10 units apt under contract. It needs some work, can't get traditional commercial real estate loan. I am wondering if any hard money lender can do this type of deal. PM me please. Thanks. 

Jin 


 Would love to assist ! We are a direct lender based out of Philadelphia . What is the scenario looking like ?

0 Votes
Philadelphia, Pennsylvania
Classifieds

Post: Looking for recommendations for a mortgage servicer for a private lender

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

FCI and BSI are good ones 

0 Votes
Akron, Ohio
Classifieds

Post: sub 100k Investment mortgages

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

DSCR below 100k are tough to come by but are some available down to 50k

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Insights on my plan to become an out of state real estate investor and private lender

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

you want to stick to 6-24 month terms 

0 Votes
Akron, Ohio
Private Lending & Conventional Mortgage Advice

Post: Paying down 1 or 2 morgages faster with extra payments

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

you'd save about 7 years just by making 1 extra payment a year 

1 Vote
Classifieds

Post: Highest Leverage Private Lenders

Jacob Sherman
Posted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,362
  • Votes 304

what are some of your scenarios looking like ? 

0 Votes