Kamal Martin
Multi Family Units in Puerto rico
24 January 2025 | 7 replies
Where to start, choosing an agent, DSCRL alternatives or similar programs, etc.Thanks KamalDo you live in Puerto Rico?
Ryston Watts
First home through NACA
20 January 2025 | 1 reply
congrats on the Naca program I have sold a handful of my OREO to Naca buyers.. its a great program takes some resolve to go through their initiation process.
Zhenyang Jin
Will personal DTI impact underwriting of commercial loan for 6-units multifamily
27 January 2025 | 9 replies
I second @Erik Estrada Chase offers great programs for business, multifamily, and conventional loans for commercial properties.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
Hi Ofir,I personally like AL (Huntsville, Tuscaloosa) and I'd say OH markets are also popular.Also there are programs out there that can do higher LTV with no FICO.
David Oh
Profit Sharing Bonus for Property Mangement Staff
26 January 2025 | 9 replies
@David OhCreating a profit-sharing program is a great way to align employee goals with the company’s success, but it’s crucial to design it carefully.
Bekah Estes
Best rehab loans
25 January 2025 | 4 replies
As for non-bank loans, I'm familiar with a loan program that provides 100% financing, but it requires a minimum 650 credit score and proof of funds covering 12 months of interest.
Corinne Chalmers
How to find out amount of subordinate NACA agreementte
21 January 2025 | 2 replies
To find out the amount of the subordinate lien through the NSP program, you’ll want to pull the title report for the property.
Tariq B.
Interest Rates on Commercial Loan?
27 January 2025 | 6 replies
Long term $ can range from 6's-10% range depending on all types of factors - LTV, location, unit count, debt coverage, borrower strength, full doc or lite doc programs, etc..
Raymond Kalonji
Are My Screening Criteria Unrealistic for Section 8
26 January 2025 | 4 replies
I know many landlords set a credit score threshold around 580-600 for Section 8 tenants since the program provides a rental guarantee.
Joseph Pisano
SFR DSCR Lenders Texas
28 January 2025 | 13 replies
This lender has a floor rate of 6.75% on this program (.5% discount points added to get 6.75%)Same lender can do 6.19% with 3 discount points on their other program (plus broker fee on top) if you do want a low 6% rate.