All Forum Posts by: Nicholas Ruscio

Hi Veronica, 

Foreclosure properties are great flip opportunities. What are your plans with this potential fix and flip? Are you going to hold and rent? We specialize in these types of loans. Please feel free to PM me with any questions. 
Thanks, 

Hi Joseph, 

Please feel free to reach out to me with any questions. I specialize in DSCR and fix and flip loans. Always here to talk options or exit strategy's.

Thanks,  

Hi @Brittany Wilkerson.

A duplex typically shares certain expenses such as property taxes, insurance, and potentially utility costs, which can help reduce individual costs for each unit.

Also maintenance and repairs might be more cost-effective when dealing with a single structure, as contractors can handle both units.

Like William mentioned its important to think of your exit strategy. Are you planning to build and hold onto these properties?

We specialize in ground up construction loans. Please feel free to reach out. 
Thanks, 

Hi Ravikanth, 

I feel you could get more money down for that interest rate. Please feel free to reach out and we can discuss further. (20% down, 8-9% fixed)

Thanks, 

Hi Sparkle, 

Are you planning to flip and hold a property for rent or sell? If you are planning to fix and hold you will want to make sure you have a exit strategy lined up for your hard money loan. A standard DCSR refi would work great. Please let me know if you have any additional questions on this. 

Thanks, 

Hi Adam, 

Once you have a property in mind you need to contact a real-estate agent and lender. Both will help guide you on available purchase options and next steps. 

Since you plan to use the property as a longterm rental you will want to get a DSCR loan. If you would like more information on that or your options regarding a specific property please dont hesitate to reach out.
Best, 

Hi Felix, 
We specialize in ground up construction loans. Please feel free to reach out with any questions or if you would like to go into further detail.
Thanks, 

Hi Chris, 

Do you have permits yet to build? You should expect a rate of 10.5-11% with 75% LTC. We specialize in providing loans for ground up constructions and can definitely look into this further with you 

Please feel free to send me a PM to discuss further. 

Hi Jeffrey, 

Finding an high LTV loan can be difficult but since you already own a LTR should be obtainable. Lets connect and talk further. Feel free to send me a PM anytime.

Thanks, 

Hi Ethan, 

Finding a good wholesaler can be tough. Since we specialized in providing commercial/rental loans we see this issue brought up alot. Please feel free to reach out with any questions.