All Forum Posts by: Noah Wright

Hello, All!

I am looking at a property zoned commercial where there is retail space on the bottom floor and an apartment above. The apartment requires substantial work to be completed prior to renting. The retail space needs minor work. I'm used to BRRR'ing residential homes and would like to do something similar with this property. Is that a thing? What are my options?

Hi there, looking for a hard money lender in the Chicago/NE IL area.

Hello. Looking for an investor friendly lender for an apartment building in E. Cleveland. Cash flowing presently with some soft Reno value add.

Conventional wisdom says that DSCR should be more risky ...

Hello, I have a property I purchased with cash and renovated and am now looking to refinance. I have spoken with my bank and feel as though there are better avenues than getting a mortgage with them. If anyone has any suggestions or advice, that would be greatly appreciated. Thank you!

Good to know! If there are any in the Indianapolis market, I'd love to connect!

Any lenders do 15% down (or less) DSCR loans, 30 year am, on turnkey investment properties, mainly for small multifamily 1-4 units? There's not really a lot of value add opportunity or sales comps in this space for our area.

I typically (BRRRR) purchase fixer uppers with cash, fix up, rent, then refinance on a DSCR and get all of my money back. I also use hard money loans for the houses we fix and flip. I have 100+ deals under my belt, so not really a beginner.

Thanks!