All Forum Posts by: Vincent Jacobbi

Hi BP, 

I've got a client I helped do a DSCR cash out refinance for that's looking for financing help for a glamping site in Narrowsburg, NY. He has his website built and a business plan that shows what he wants to do with the land.

https://www.ghfcamping.com/

I referred him over to a SBA lender who specializes in this kind of thing but ultimately he was denied due to his lack of experience with the business. 

I am not looking for anything in return, just looking for some contacts to introduce him to that may help. He's looking for 600k.

Thanks!

Hi Rafael,

Which turnkey property company did you find? I have a similar story where I live in California, wanted to start small and was hungry to invest. A friend of mine mentioned investing with a turnkey property company in Memphis and so I went out there, got a feel for the neighborhoods, saw the business model, and invested. 5 years later, it turned out to be a great investment! The property has doubled in appreciation and even if it didn't, the cash flow has been great and helped mitigate any potential risk which would help you if you are pessimistic about the economy. Maybe I am lucky, but I've had the same tenant for 5 years.

I now work on the lending side so if you have any questions about Memphis or getting qualified for an investment property, I'd love to connect.

My advice is, wherever you invest, go out there. Get a feel for the area and the people you are investing both with and into. 

Hi Christian - fellow Upstate NYer here! The quick close would be the tough part but I think I can help. I dmed you!

Hey Keith - I am also in San Diego! Would love to connect on this.

Hi Lorien - yes. With the DSCR refinance, part of the process is telling title how to vest the property.

Hi Dolev - have you looked into a DSCR loan? If it's a good income producing property, you could get up to 75% cash out of the value.

✅ Fast & Easy Qualification

✅ Qualify With:
1. Actual or Projected STR Income (AirDNA/Rabbu)
2. Credit Score
3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 85% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Send me a message or book a call with me to learn more.

Or

Visit Our Website For More Information

✅ Fast & Easy Qualification

✅ Qualify With:
1. Actual or Projected STR Income (AirDNA/Rabbu)
2. Credit Score
3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 85% LTV on Purchase

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Send me a message or book a call with me to learn more.

Or

Visit Our Website For More Information

Hi Brian - yes, we can do long term as well. Just shot you a DM!

✅ Fast & Easy Qualification

✅ Qualify With:
1. Actual or Projected STR Income (AirDNA/Rabbu)
2. Credit Score
3. Liquidity (When Needed)

🚫No W2's, Tax Returns, or personal Debt-to-Income Ratio required.

✅ Up 80% LTV on Purchase (85% for LTR)

✅Cash Out Refinance 70% of ARV (3-6 months) or 75% of ARV (6+ months)

✅Rate & Term Refinance 75% of ARV (3-6 months) or 80% of ARV (6+ months)

✅ Properties Up to 10 Acres

🚀Use the Actual or Projected STR Income (@airdna ) of the property to qualify.

- We can accept projections from our partners over at AirDNA via our Short Term Rental Revenue Calculator which pulls data directly from AirDNA's Real Time Data

Send me a message or book a call with me to learn more.

Or

Visit Our Website For More Information