Skip to content
Get started
Resources & Media
Resource Hub Bookstore Blog Guides Pro-Exclusives PRO Podcasts Pro Partnerships Newsletters NEW
Events & training
BPCON2025 Webinars Bootcamps Upcoming Events Free Courses
Strategies
How to Manage Your Rental Property How to Operate a Short-Term Rental How to Passively Invest in Real Estate How to House Hack How Does the BRRRR Method Work How to Flip a House How to Invest in Commercial Real Estate How to Invest in Real Estate How to Invest in Multifamily Real Estate How to Build Wealth
BPCON2025
This is your chance to learn from the best, network with the best, and become one of the best in the game.
Build Wealth Without Tenants
Become a stronger passive investor with proven frameworks, actionable insights, and lots of networking.
Pick markets
Pick markets
Market Finder - NEW PRO Picking a Market Workshop PRO Picking a Market Worksheet Top 100 Cash Flow Markets Market Insights - Sunbelt Region
Market finder
Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent to price ratio, and more.
Find deals
Find deals
BiggerDeals NEW Off-Market Deal finding PRO Real Estate Syndications Investor-Friendly Agents Find Foreclosures Community Listings (FSBO) Business Directory
BiggerDeals
Quickly find your perfect investment property based on your cash flow and ROI goals.
Invelo - Off market deals
Scale your portfolio with off-market deals
Analyze deals
Calculators
Rental Property Calculator PRO Rehab Estimator PRO Rent Estimator PRO BRRRR PRO Fix & Flip PRO Short-Term Rental PRO Sell vs. Keep PRO Landlord Insurance Calculator by Steadily All Calculators
Rental property calculator
Is it a good deal? Run your numbers like a pro with this simple yet powerful calculator.
Rent estimator
Understand how much rental income you can expect based on recent reports and data for your specific property.
Manage properties
Manage properties
Managing Properties 101 Find a Property Manager RentRedi Property Management Software PRO Property Management Tools Ask a Management Question Finding Tenants PRO Screening Tenants Leases + Landlord Forms PRO Accounting/Bookkeeping PRO Property Insurance Property Maintenance / Rehab Baselane Banking and AI Bookkeeping
Property management software
Manage tenants, tasks, and your entire portfolio with one simple tool.
Property manager finder
Find reliable property management partnerships that last.
Forums
For You
Newest Trending Unanswered My Discussions Followed Discussions Followed Categories Followed Locations Followed People
General Real Estate
General Real Estate Investing Starting Out Deal Analysis Buying & Selling Business & Marketing Landlording Property Management Reviews & Feedback
Real Estate Strategies
House Hacking BRRRR Short-Term Rentals Mid-Term Rentals Multi-Family Fix & Flip Other Strategies
Finance & Financing
Lending Creative Finance Personal Finance Taxes & Legal Issues
News & Announcements
Official Site Announcements Market Trends & Data Real Estate News & Current Events Pro Exclusive Area PRO
Events & Networking
Events & Meetups Classifieds
Store
All Books
Best Sellers Browse All New Books & Pre-Orders PRO Bundle & Save Books for Beginners
Flip your way to financial freedom
Scale your investment framework with this valuable guide to compounding real estate success.
Outsmart the short-term rental competition
Cash in on the exploding STR market with this must-have guide from expert Avery Carl.
Pricing
Plans and Pricing
Pro Membership Business Membership
TRY PRO FOR 7 DAYS COMPLETELY FREE
Avoid mistakes and make informed decisions with Pro.
GROW YOUR BUSINESS
Promote your business on BiggerPockets and make quality connections with the right investors
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Mobile Home Park Investing
Innovative Strategies
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

All Forum Posts by: Robin Simon

Robin Simon has started 636 posts and replied 3875 times.

Private Lending & Conventional Mortgage Advice

Post: Refinance DSCR Conventional?

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421
Quote from @Paola Astrid:

Should I refi to dscr or conventional to remove pmi? 2 unit house 30 year FHA 6.6% major renovations (roof,bathrooms,kitchen,etc) home has appreciated 397k when appraised to 550k zestimate (similar comps in the area are 500k). Is it worth to refi at current rates? Thanks!


 Going to depend much more on more details / your personal situation - all things equal you will probably get better rate/terms on conventional if you qualify for both

0 Votes
Newark, New Jersey
Private Lending & Conventional Mortgage Advice

Post: No W-2, Looking for Loan Options

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421
Quote from @Cory M.:
Quote from @Robin Simon:

Do you own your primary residence overseas or have you owned a primary residence prior to going abroad? That might be the biggest hurdle - but otherwise, I'd check out "DSCR Loans" which are the perfect option for people like you looking to buy rental properties w/o W2 or DTI


We don't own any other properties other than the investment property we just purchased. We rented prior to moving overseas. For US government purposes, our legal residence is a family member's home where we stay when we are in the US.

Thanks for the DSCR info. I'll take a look.


 Thanks - will likely have to be an exception but definitely possible since the story "makes sense" from a lender's risk perspective

0 Votes
Memphis, Tennessee
Private Lending & Conventional Mortgage Advice

Post: No W-2, Looking for Loan Options

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421

Do you own your primary residence overseas or have you owned a primary residence prior to going abroad? That might be the biggest hurdle - but otherwise, I'd check out "DSCR Loans" which are the perfect option for people like you looking to buy rental properties w/o W2 or DTI

Check out this 12-part guide published here on BP all about this loan option!

DSCR Loans: What Are They And How To Get The Best Terms

https://www.biggerpockets.com/...

DSCR Loans: How To Use Pro Strategies To Save More And Make More

https://www.biggerpockets.com/...

Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

https://www.biggerpockets.com/...

12 Frequently Asked Questions (And Answers) About DSCR Loans

https://www.biggerpockets.com/...

8 More Commonly Asked Questions and Answers to DSCR Loans

https://www.biggerpockets.com/blog/eight-questions-and-answe...

What Documents Do You Need for a DSCR Loan?

https://www.biggerpockets.com/blog/what-documents-do-you-nee...

BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

https://www.biggerpockets.com/blog/short-term-rental-loans-a...

DSCR Loans: Terms to Know When Working With These Popular Rental Loan

https://www.biggerpockets.com/blog/dscr-loans-terms-to-know

What’s Next For DSCR Loans? Updates For 2024 and Beyond

https://www.biggerpockets.com/blog/what-is-coming-in-2024-fo...

What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates

https://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...

How Do DSCR Lenders Calculate Your Interest Rate?

https://www.biggerpockets.com/blog/how-do-dscr-lenders-calcu...

5 Votes
Memphis, Tennessee
Classifieds

Post: Seeking Commercial funding options in Orlando

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421
Quote from @Abby H.:
Quote from @Robin Simon:
Quote from @Abby H.:

Hello!

I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network! 

- Abby 


 Can you elaborate a little more on the type of commercial building - office, retail, medical office, mixed?  Thats going to drive a lot of the options here


 Hey Robin! 

They are currently considering two buildings. One is being used as a church/special purpose building. The 2nd they are considering is a retail/mixed use building. They are looking for a location to convert to a private school. Thanks for reaching out!


 This is definitely going to be a bit tricky - have you reached out to someone at Velocity Commercial Capital?  They might be able to help (rate will be very high for your client though)

0 Votes
Orlando, Florida
Classifieds

Post: Need DSCR Loan's in OHIO with min 550+ fico

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421

I've never come across a DSCR Lender that will do credit that low - pretty much the lowest you will see is 620

0 Votes
Akron, Ohio
Classifieds

Post: Seeking Commercial funding options in Orlando

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421
Quote from @Abby H.:

Hello!

I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network! 

- Abby 


 Can you elaborate a little more on the type of commercial building - office, retail, medical office, mixed?  Thats going to drive a lot of the options here

4 Votes
Orlando, Florida
New Member Introductions

Post: New member looking to learn

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421

Welcome to BP, you've definitely come to the right place!

0 Votes
Real Estate Deal Analysis & Advice

Post: A Home and an OFFICE in one

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421

Congrats!

0 Votes
Classifieds

Post: Best Alaska Investment Property Loans (Hard Money - DSCR) - Easy Street Capital!

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421

Another Alaska DSCR Loan provided by Easy Street Capital!

💵Just Funded💵⛷️Alaska DSCR Loans⛷️
$352,500 Acquisition DSCR Loan for a Short Term Rental (airbnb) investment property in Homer, Alaska! 1st time investors, no prepay, qual with AirDNA, property on the Kenai Peninsula- no problem for Easy Street Capital- 7.125% 30-yr fixed secured!

0 Votes
Anchorage, Alaska
Classifieds

Post: Best Kansas Investment Property Loans (Hard Money / DSCR) - Easy Street Capital!

Robin Simon
#3 Private Lending & Conventional Mortgage Advice ContributorPosted
  • Lender
  • Austin, TX
  • Posts 4,576
  • Votes 4,421

Another Kansas DSCR Loan funded by Easy Street Capital!

💵Just Funded💵🧊BRRRR Loans🧊
$126,000 Cash-Out Refinance Rental Property Loan (Kansas DSCR Loan) on a Single Family Rental investment property in Osawatomie, Kansas! This investor fully rejuvenated this 1895-vintage home, now rented, refinanced and ready to repeat again!

0 Votes
Kansas City, Kansas