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All Forum Posts by: Juan Delgado

Juan Delgado has started 1 posts and replied 7 times.

Post: Real Estate Investors! Need to Refinance into a DSCR Loan?

Juan Delgado
Pro Member
Posted
  • Posts 7
  • Votes 1
Quote from @Steven Lee:
Quote from @Juan Delgado:

Do you have a minimum for a DSCR loan?


 Hi Juan. What is your fico score and minimum loan amount is $75,000

My score is over 700.  I am looking at two properties in NY.  Both are asking for $70k.  Is there a way that your lender can do two in one loan?

Post: Long time reader and researcher

Juan Delgado
Pro Member
Posted
  • Posts 7
  • Votes 1
Quote from @Tiffany Francis:

Hello @Juan Delgado Welcome!


 Thank you Tiffany.

Post: Long time reader and researcher

Juan Delgado
Pro Member
Posted
  • Posts 7
  • Votes 1

I am hear to help in a way that I can Jordan.

Post: Long time reader and researcher

Juan Delgado
Pro Member
Posted
  • Posts 7
  • Votes 1

Long time reader and researcher new to posting.

Looking to use what I learn here to change my life.

Post: Real Estate Investors! Need to Refinance into a DSCR Loan?

Juan Delgado
Pro Member
Posted
  • Posts 7
  • Votes 1

My score is over 700.

Post: Real Estate Investors! Need to Refinance into a DSCR Loan?

Juan Delgado
Pro Member
Posted
  • Posts 7
  • Votes 1

Do you have a minimum for a DSCR loan?

Post: What’s keeping you from investing in real estate right now?

Juan Delgado
Pro Member
Posted
  • Posts 7
  • Votes 1

For me, is the financial aspect of it.  I can get lenders to lend me money, but they all require a 20%-25% down payment.  If you are looking to purchase a $100k property, that is still $20k plus closing costs.  I have not figured out how to get that 20% to get the wheels turning.  Any suggestions would be greatly appreciated.