All Forum Posts by: Jai Sookhakitch

Hello everyone!

Looking to build relationships with investors new and old. We can provide up to 90% of purchase price and 100% of rehab costs. No Junk fees. Flexible with points (paid at funding). Newbies feel free to reach out if you have any questions, we take the time to speak with everyone. - Non owner occupants only please. Escrow agent of your choice.

Any questions, email us!

[email protected]

We can qualify you in 15mins if you have a live deal!

Hello Investors!

We have a portfolio term loan that will allow investor to cash out their inventory of rental assets. SFR, Condos, and Multi's up to 20 units! 30 year Amortization, rates as low as 5.5%. Minimum of 5 assets per portfolio with an asset value of over 50k per property. 75% LTV. Minimum loan amount 500,000.

Email us today for more questions!

[email protected]

Hello everyone!

Looking to build relationships with investors new and old. We can provide up to 90% of purchase price and 100% of rehab costs. No Junk fees. Flexible with points (paid at funding). Newbies feel free to reach out if you have any questions, we take the time to speak with everyone. - Non owner occupants only please. Escrow agent of your choice.

Any questions, email us! Friendly, Fast, Funding!

[email protected]

We can qualify you in 15mins if you have a live deal!

Hello everyone!

Looking to build relationships with investors new and old. We can provide up to 90% of purchase price and 100% of rehab costs. No Junk fees. Flexible with points (paid at funding). Newbies feel free to reach out if you have any questions, we take the time to speak with everyone. - Non owner occupants only please. Escrow agent of your choice.

Any questions, email us!

[email protected]

We can qualify you in 15mins if you have a live deal!

email us today! Friendly, fast, funding!

@mattewvertentes

My suggestion would be to talk with a local bank for a cash out refinance. FIgure out what your monthly payment would be and how much you would be getting back. Next line up financing for the long term senior debt for your investment property. Know what your expected monthly payment will be and make sure your rents will cover that. 

You can increase your returns by bying below market value and performing some rehabs in each unit. This will also allow you to take out some cash on the value created when you refinance out of the construction loan. 

example:

Buy for 100k 

Rehab:50k

ARV: 250k

75% LTV

187.5k Out when you refi. 

You profit: 37.5K + Monthly cashflow

If you have any questions on project funding or anything, I'd be happy to help with a PM

Good luck out there.

@Tyler C. 75k is more than enough for your first investment. Just make sure the funds in the trust are able to be vested on your behalf. My suggestion would be to figure out which sort of investing you are most eager to get into. Perhaps a personal residence with some friends to take advantage of FHA products with 3.5%down and low rates. figuring out your gameplan early and which path you'd like to take will ultimately help you narrow down acquisition choices and who to add to your team.

If you ever need hard money products I'd be happy to help answer any questions you may have in a PM. 

good luck! :)

@Luis Gonzalez Typical hard money terms for residential investments. 75% of purchase, 100% Rehab + closing costs. 12 month loan. interest only. 10-14% annualized. No prepay.

100k purchase, 50k rehab. 

25k down

Total loan amount: 135k

12% rate

monthly payment: $1,350

Conservatively I would always use 25% down if they ask you for less it ends up being a bonus. 

hope this helps :)

@Carlos Gonzalez 

Unless this is an A+ market you are overpaying for the property. A few questions, what is the sqft, bed bath count of each unit? Given the rent price would say the location or building is dodgy. Try and locate a motivated seller, You'll surely get a much better deal. Always inspect, if they won't let you in and you are not getting a dirt cheap deal almost any major repair could ruin your investment.

Hope this helps, pm for any questions.

Hello BP investors, 

I work closely with private equity and hedge fund groups that are looking for projects to fund. Projects must exceed 5M and return 20% IRR or better. All Commercial projects welcome. When proposing a project please include investment experience and executive summery. Any questions feel free to reach out to [email protected]

Looking forward to helping your projects get funded. 

Hello everyone!

Looking to build relationships with investors new and old. We can provide up to 90% of purchase price and 100% of rehab costs. No Junk fees. Flexible with points (paid at funding). Newbies feel free to reach out if you have any questions, we take the time to speak with everyone. - Non owner occupants only please. Escrow agent of your choice.

Any questions, email us!

[email protected]

We can qualify you in 15mins if you have a live deal!