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All Forum Posts by: Jeff Chisum

Jeff Chisum has started 7 posts and replied 161 times.

Post: Searching for a good dscr lender

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

I did three podcast episodes on this very subject!

Post: Seeking Advice on Financing an Airbnb/Short-Term Rental

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

Our DSCR product is very STR friendly and heavily lean on AirDNA data vs appraisal. We also have shorter seasoning periods than most for cash out. Worth a discussion if you want to send me a DM I can connect you with my team's DSCR specialist. It's worth mentioning that we have been working with same investor for four years and we are fully delegated with them. We process, underwrite, close and fund the loan. We don't like to deal in "maybe's, let try, etc…".

Post: LLC Mortgage Under Partner Instead of Me

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

Are you 50/50 members of the LLC?

Post: Cash-our Refinance - DSCR

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

I can do that deal.  Feel free to send me a DM

Post: Changing my primary mortgage to a HELOC

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

Send me a DM and I can send you a link for the All In One mortgage savings calculator.  Most that have negative feedback about the product are not educated about it.

Post: Basic approach to secure financing on an investment property

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

Include a lender in your conversations that specializes in working with investors. Drill down further to find one that specializes in the type of deal you are looking to do. Multi family. Buy and hold. Fix and flip. Asset based loan. DSCR. Renovation loan. Are you looking to scale. My specialty as an example is working with investors looking to build portfolios of Short Term Rental/ luxury vacation properties all across the US. 90% of my clients use the 10% down second home occupancy loan. The remaining clients use the DSCR loan. Always willing to jump on a call.

Post: BOI requirements back on hold

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

So the Jan 13,  2025 deadline is no longer in play

Post: Is anyone getting 5% rate Loan?

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

Everything about this document smells like a scam.  Just my initial thought.  This doesn’t look like something produced by a licensed originator.

Post: Looking for an investor friendly lender

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

100% of my business is working with investors in all 50 states

Post: SFR loan programs < 25% down

Jeff Chisum
Pro Member
Posted
  • Lender
  • All 50 States
  • Posts 175
  • Votes 102

DSCR right now is going to have better rates and lower cost right now. With compensating factors I have a really good 15% down option on DSCR