All Forum Posts by: Jesse Soriano

I want to apply for a fix to rent a loan. How do the payments typically work?

is it a short term loan that you make payments up to 5k a month on? how does this work?

let's say that I borrow 80k. with an interest 8%. on a 19 month loan.

would this mean that my payments are due when the deal is done or monthly huge payments? of upwards 5k a month during the brrrr

I just got a loan through the sba disaster government loans. They didn’t ask for proof of income and you get the money in two days.

I don’t have any investment properties yet. I have over 100k saved up in my 401k and I can borrow 50k. I was planning on buying a duplex cash. But I decided that its better idea to just use finance and buy two duplexes with 25% down on each. 
my question is, will a bank let me apply for two mortgages at the same time if my debt to income ratio adds up? I'll be applying with a brand new LLC as well. Not my personal name.
Want to also know if it’s just a better idea to just do one at a time.