All Forum Posts by: Ryan K.

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Ryan K. has started 2 posts and replied 4 times.

Thanks, Caleb.

0 Votes

Greetings!

Anyone aware of a portfolio lender willing to finance SFH or small multi-family properties at 90% LTV, no PMI, and at a reasonable rate?

It would be great to work with someone locally - I'm in Chicago - but will take any referrals I can get.

Thanks in advance!

0 Votes

Wyatt

Thanks for the response. This is very helpful. Can't tell you how much I appreciate the input.

0 Votes

I have a client who is potentially interested in purchasing a new construction condo in Chicago. I was wondering...

What are the risks of purchasing new construction?
How can I help the client protect themselves from the risks of new construction?
What is a developer's typical profit margin?
How should I approach the negotiation / what are the levers I should "pull" to get the best price (i.e. I'm guessing them getting near list price for each unit is very important to them...so is it best to ask for credits at closing?)
Are there any questions I have not asked that I should?

Thanks in advance!

0 Votes