All Forum Posts by: Johny Omaga

If possible, consider partnering with someone who has a higher credit score or stronger financial position. This can enhance your application and improve your chances of securing a loan.

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Maintaining good credit for favorable terms, larger down payments for better rates, managing debt-to-income ratio, comparing interest rates and loan types, projecting cash flow, understanding property preferences, exploring loan programs, maintaining financial reserves, planning an exit strategy, and seeking professional guidance.

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Quote from @Andrew Carson:

Sioux City, IA / Sioux Falls, SD (Mostly SC though, where I reside)

dm me!

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Sioux City, Iowa

Quote from @Gabriel Perez:

We are under contract on a property with amazing upside. We have it under contract at $112k. ARV is around $200-250k. It needs electrical. Haven't decided on STR or LTR. Who should I speak to for lending?

Hey gabriel, i would be interested in funding your fix and flip as a private lender. dm me the details!

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Quote from @Hitanshu Shah:

Hi All

We are under contract on a 4-plex and I am shopping for Loan options. The purchase price is $415 K and we can put 20% to 25% down. Few brokers have recommended a 5 year Balloon loan but I want to explore the best option available in the market currently.

Thanks

Hi Hitanshu is the 4 plex in new york?

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Hi Andrew, I am always looking to Jv, What market are you in?

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Sioux City, Iowa

Quote from @Franklin Graves:

My partner and I used hard money to buy property and have about 180k in house so far. We need additional 50k to Finnish house and estimate conservatively it will be worth 350k, I think it will be closer to 420k. What type of lending options are out there to get additional 50k and refinance home?

Hi Franklin, i can help you fund the rehab. dm me the details. thanks

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Cincinnati, Ohio

Quote from @John Cardinale:

Quote from @Joseph Chiofalo:

Hi John,

Where is the property located? Any specifics of the transaction you can share?

Hi Joseph, it’s in New Orleans, La. It’s 11 studio units and 1/2 of the units need renovation. I’ve seen a few adds for commercial property loans with a 30 year term for properties with 5-9 units. If I were to undertake a project like this, I would likely want to refinance into a mortgage with a longer term.

Sorry just read this, i can fund your rehab if you still need it. dm me the details.

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Quote from @John Cardinale:

Good afternoon, I'm looking to make contact with a lender who can help with a DSCR loan for an 11 unit property. feel free to dm me. thanks

Hi John, is it already stabilized or are you needing to rehab?

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Quote from @Rahul Garg:

Hello

We own two lots from our own money in Miami. Want to start building the houses now but looking to get a building loan rather than tie up our own money

any suggestions on who is a good lender in the area for a building loan?

Thanks in advance!

Hi rahul i would be interested in funding your project if your land is already entitled. DM me the details.

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Fort Lauderdale, Florida

All Forum Posts by: Johny Omaga

Johny Omaga has started 10 posts and replied 63 times.

Post: Low Credit Score? Tips for Getting Approved for Hard Money Loans

Post: First time borrowers

Post: Interested in a Private Money

Post: Need lender (Wyoming)

Post: Under Contract - Finance options on a 4-plex

Post: Interested in a Private Money

Post: Refinancing options on flip we want to keep

Post: DSCR Lender for commercial property

Post: DSCR Lender for commercial property

Post: Best lender for building loan