As far as credit, you would want a score above 680 ideally to get the highest loan to value on a cash out refinance, but I would aim higher at 720+ as that comes with a significant rate drop.

Hey @Jaycee Greene, we typically get loans from smaller local banks.

You're going to lose your loan from what I understand.

Hello all,
I'm looking to buy my first multi-family. I have a large lump sum saved in an investment account for down-payment and any additional costs. I currently have no debt and make under $100k a year. Because of ...

This is the “over night” success that’s taken 20 years.2 - Superior uncommon knowledge, combined with experience and capital and a willingness to take a risk (speculate).  

Hard money is a type of business loan for non-owner occupying investors.

10 year (the common benchmark for CRE loans) just keeps climbing.

Hi Amanda, I think this is where most borrowers get confused on a DSCR loan.

I see you did a loan sizing down below on your sheet, but I'm thinking that's on current NOI and not on a 7-year projection.

Are there other options that could be better for a construction to perm loan (not through a traditional bank)???