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All Forum Posts by: Simmy Ahluwalia

Simmy Ahluwalia has started 107 posts and replied 1300 times.

Post: 3 SFR Opportunities in Atlanta

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Please add me as well:  [email protected]

Post: Atlanta Turnkey Feed Back

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Hey Ariel, I'm based in Atlanta, and GRP is certainly one group, but there are many others.  I am a licensed realtor so can definitely represent you in any purchase transactions.  I also have access to both listed and non-listed turnkey properties.  Please email me, and I'm happy to be a resource to you.

Post: mortgage broker

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Cashmere, please consider me a resource as well.  One of my key lenders has expertise in the NJ, NY, and PA markets.....feel free to email me.

Post: New in Atlanta, GA

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Hey Heath, welcome to the fun world of investing!  I'm also ATL based.  I'm both a realtor and private money broker.  Shoot me an email and give me the parameters of your MF buy.....1-4, 5+, price range, stabilized vs. value-add, etc.....

Post: NEW Line of Credit for SEASONED Flippers Nationwide

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Hi Mark, as of "yet", no.  Working on it.....most likely mid-late June.  Stay in touch.

Post: Mortgage Broker - Commercial Real Estate

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Ray, I'm happy to look at your deal.  Is the space free-standing?  Is there a tenant in place?  How much debt do you owe, and what are your current terms?  Feel free to email me, and we'll see how viable the c/o refi would be.

Post: Seeking Qualified Investors for the Atlanta-Metro Market (Residential and Commercial)

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Margaret B.  shoot me an email with your price range, deal specifics, location, etc....

@david Begley, please do the same......

Post: NEW Line of Credit for SEASONED Flippers Nationwide

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Here are the terms:

  • $1.5 MM Line or higher, 12 month draw, Non-Recourse Loan
  • 640 Minimum Credit score
  • Active partner (minimum of 10 transactions in the last 12 months)
  • No Bankruptcies, no Felonies, No Foreclosures on Investment properties in last 6 years
  • Rate is 10% I/O, 3.5 points
  • Lesser of 75% LTV or 85% LTC, Rehab funds max out at 35%
  • Post: Need Private money or deal partner

    Simmy Ahluwalia
    Pro Member
    Posted
    • Lender
    • Atlanta, GA
    • Posts 1,541
    • Votes 179

    Sandy, email me, I can get a 3 or 5 year fixed on this product.

    Post: Seeking Qualified Investors for the Atlanta-Metro Market (Residential and Commercial)

    Simmy Ahluwalia
    Pro Member
    Posted
    • Lender
    • Atlanta, GA
    • Posts 1,541
    • Votes 179

    I have access to wholesale SFH properties for fix n flip, turnkey rentals, stabilized multi-family, stabilized Economy/Limited Service hotels, Spec construction, JV projects, and more.....please email me with interest and/or buy-side criteria.