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All Forum Posts by: Jorge Delgado

Jorge Delgado has started 2 posts and replied 3 times.

I’m really close to getting a subject to on a home. It would be my first one, I’m confused on when we agreed on terms. What’s next.. I thought we would just go to the title company and get the deed on my name but a title company I called they said I dont do anything at title company and I’d have to go to the real estate attorney and they would help me do it. Is this the correct next step to do or should I go to another title company? 

Post: Dscr loans and llcs

Jorge DelgadoPosted
  • Posts 3
  • Votes 2

Is a Dscr loan the best option if my dti is fully maxed out and have a good amount of capital that I want to invest in? 

For llc, when investing in different states, do can I just put it under one llc or do I have to have one for every state I invest in?

Quote from @Giancarlo Orozco:

DSCR loans are the way to go hands down and the loan depends solely on the performing assets and not based on debt to income ratios, work history, income, etc. They usually require 20% down. This is the go to loan for commercial and multifamily imo.

I’ve never heard of this until now. I’ve looked into what it is and does sound really good I only have one income property that I got as conventional loan. What are some companies that are legit that do these loan. Or what is something that I look for though to make sure they legit. You can never be to careful now A days.