All Forum Posts by: Ramiro Ramirez

Are there any lenders that can help with ITIN DSCR out there?

Hi Guys,

I have a borrower thats looking to do their 1st flip but they only have an ITIN #.

They're looking in the 400k - 550k price point and can bring 15%. They had a work visa but it expired a few months ago. Is there anything out there for them? If so send me a message and we can discuss more. 

Thank you,

Hi Guys, I'm new to investing but want to start small. I live in OC, California, where nothing is really affordable. I've been looking at the Saint Louis, MO, area 20 minutes to downtown area. Some zip codes look really nice, and I've been looking at what rents are going for and they seem like a good opportunity for cash flow.

EX: Saint Louis, MO 63134 (3bed, 2bath, 1,288 SQFT)

PP: 70,000

Rents are going: 1,000 - 1,300

Is this a good idea? What are some things I should be on the lookout for? 

Thank you,

Hi Jason, 

Thank you for the help!

Would you be interested in some of the properties? 

I can email you more information on the deal.

I have a loan scenario. Would anyone be interested in this?

I have a borrower that purchased 13 properties between 2020 and 2023 with cash. They are all non-owner and he’d like to put 55% leverage on all of them. He does have a $25mil loan wrapping up 10 properties and a $5mil wrapping up 2 properties. Would like to refi them and take out an additional $35mil.

This loan could be one blanket loan for 13 individual loans or any combination your investors feel comfortable with. The client will use his business, which generated over $170mil in 2022 and on pace to hit $90Mil+ in 2023, as the guarantor. He wants a 5 year loan for 55% LTV on his luxury properties for operating capital for his Crypto business and for future purchase of more luxury properties.

I have a full file.

Thanks!