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All Forum Posts by: Chad Davis

Chad Davis has started 2 posts and replied 228 times.

Post: Need a Second lien lender

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

@Salomon W. 2nd liens are available on DSCR. However that does depend on the CLTV. Happy to take a further look.

Post: Lending For New Construction Homes

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

@Travis Hinnant agree with Jared on this. What do you have and what are you looking for?

Post: Financing my purchase

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

@Madeline Mercer What is your current score and do you have that report? Possibility of being able to assist.

Post: Ground up construction loan needed in San Diego CA

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

@Lafo Manane Sent PM with more info

Post: Cashout Refinance in Macon GA w/Tenant Paying $1000/mth

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

@Dwayne Clarke Up to 75% cash out is available on DSCR depending on credit and all the other expenses.

Post: Private Money Lender, Scam?

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

If it's too good to be true majority of the time it is.

Post: DSCR Loan- Multiuse Property

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

@Joel Diaz De La Rosa with DSCR and multiuse rates tend to be higher but that rate is the equivalent to a hard money loan. Happy to take a look on my end.

Post: Bridge lenders who won't make me pay off my HELOC to get some cash out

Chad DavisPosted
  • Lender
  • Richmond VA
  • Posts 270
  • Votes 29

@Laura Owens Need more info about the deal, property etc. but it is possible.