All Forum Posts by: Nick D.

I've used Diamond Heritage Inspections and have been happy with their service

@James Wong - How has your experience with CJRE been since your last post? 

@Snehann Kapnadak- did you ultimately go with CJ? I am currently looking for Kansas City PMs

Any insights would be welcomed! 

This thread has some great advice and I commend you @Vinny Martin on starting your REI journey early! I served just over 9 years on active duty in the Army and only towards the end of my career was I turned onto real estate as a wealth building tool! All the best to you and every other veteran on here!

Booked!  Looking forward to meeting as many of you as possible!

As many have said, it plays a part for commercially structured loans. I work for a CMBS lender and net worth is one of the criteria we consider when issuing out a quote. We target 25% of the loan size in net worth for our portfolio term loans and 20% of the loan size for our acquisition & fix and flip lines of credit.

@Mary M. 

Yes, CMBS lenders offer 5-10 year fixed rate terms, amortized over 30.

I'm not aware of any at that LTV. Max 75% is more common

@Dan Travieso I work for an asset-based lender and would be happy to discuss options we provide.

Ben- this type of situation is something we see often. With this size of a deal we may be able to reduce your out-of-pocket expenses. I'll private message you.