All Forum Posts by: Kevin Dureiko

Considering I only do boring DSCR loans. I'm right there with you! Tried and true.

I run a private debt fund and that pricing (I know who that lender is) is right inline with the market. There's a premium for cash-out right now to about +.66 on the rate. 

Fee's are a little chunky, but otherwise it's pretty spot on for a DSCR, Non-OO loan with a cash-out.

If you'd like a seasoned private lender to join you, I'd be happy to spill the beans on the in's and out's!

We use a mix of property value via appraisal and market airDNA reports to validate area income. I'll send you a message. 

Verifiable Direct Lender (Google me)

No upfront Fees

No Tax returns

Flip Funding up to 90% LTV 100% Rehab

Long Term and Vacation Rental 80% LTV and 75% Cash out

[email protected]

You can apply at BirchDobson.com

860-990-3030 Call or Text

Fix and Flip funding up to 90/100

Purchase and Rehab (12 months) Guidelines & Pricing:

Loan Amount: $75k-$3M

LTV of Purchase price: up to 85% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held or purchased within 36 months 680 FICO MIN)

LTC of Rehab amount: 100%

Max Loan to ARV: up to 75%

Minimum As-Is Appraised Value: $100k

Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)

Term: 12 months

Rate: Starting at 8.99%

Points: Vary based on loan amount

Credit Score: 650 Minimum

[email protected]

860-990-3030 - Direct cell call or text

Fix and Flip funding 90/100

Purchase and Rehab (12 months) Guidelines & Pricing:

Loan Amount: $75k-$3M

LTV of Purchase price: up to 85% for new investors 650 FICO MIN or 90% LTV for experienced investors (3+ properties held or purchased within 36 months 680 FICO MIN)

LTC of Rehab amount: 100%

Max Loan to ARV: up to 75%

Minimum As-Is Appraised Value: $100k

Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)

Term: 12 months

Rate: Starting at 8.99%

Points: Vary based on loan amount

Credit Score: 650 Minimum

No pre-payment penalty

Can refi to 30 year term for buy and holds

- States: Available in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, RI, SC, TN, TX, VA, WA, WV, WI, WY

Kevin Dureiko

860-990-3030

[email protected]

Monday-Friday 8am to 4pm EST

Income property financing for 1-4 units - Short and long term rentals

No tax returns required

650+ FICO (620 min with reduced leverage)

Loan Amount $150K - $3MM Purchase to 80% LTV or Cash out Refinance to 75% LTV

30 Year Fixed Mortgage,3/1, 5/1, 7/1 ARM and I/O options

Pre-pay: 1yr to 5yr options declining (5,4,3,2,1%)
Portfolio Loans available (minimum property value $75k)

[email protected]

860-990-3030

Long-Term (30 yr Fixed) Rental Loan Program Guidelines:
Loan Amount: $75k-$3M
Minimum As-Is Appraised Value: $100k
Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)
Term: 30 Years, Fully Amortized
Purchase: Up to 80% LTV
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 70% of the As-Is Value
Points: Vary based on loan amount
Credit Score: 620 Minimum
Programs: 30yr Fixed, 3/1, 5/1, 7/1, 10/1 ARM and Interest Only
Prepayment Penalty: 3yr or 5yr Year declining
Borrower Liquidity: 9 Months of REQUIRED PITIA Reserves

A loan program intended for new and experienced real estate investors seeking funding for long-term rental financing and Vacation Rental Properties nationwide. (NV, SD, ND, MN, OR, VT, HI excluded)

1-4 Family, Condos and Townhomes

Minimum Loan Amount $150,000

• Purchase: up to 80% of as-is value or up to 85% of LTC

• Refinance: Up to 80% of as-is value
• Cash-out: Up to 75% of as-is value

Kevin Dureiko

860-990-3030