Christopher Davis
Cash out refi is pegged to property or owner?
Hi everyone,Just doing some fundamental research on cash out refis on my first investment. Basically I will probably be paying all cash for two reasons: I have had difficulty qualifying for a conventional loan due to ...
Philip Joseph
Single/multi Family Investment Portfolios
I’ve been reviewing listings on the commercial real estate websites and noticed these listings for 5 to 20+ single family homes that there calling “Investment Portfolios” or "residential income". The asking price see...
Alex Keathley
Portfolio Loan Requirements
Hey there BP Community!I have recently took an interest in portfolio loan requirements in general. I’ve read a few articles recently about what portfolio lenders review before they approve a transaction. DSCR, LTV, an...
Deanne Bourne
Lending after 10 Mortgages
I am now being told I have reached my limit in this residential "type" of mortgage product (20% down, 30 yr conventional) The lenders and my realtor both say I need to go to the next step, a portfolio loan. It was de...
Brandon Gall
Need some creative ideas in order to continue progressing. Securities Based Loan?
Hey, BP community,So I have hit a bit of a stalemate with my investing career. I missed out on one great opportunity because I didn't have the lending set up. The lending wasn't set up because to apply for a conventio...
Vernon Anderson
tenHow to get approved for multiple mortgage? Low income
Want to start investing in rentals. Looking for advice on the process for getting approved for multiple loans. Do I need to show cash flow from each property?
Clayton Newman
How do you think about new deals when your combined ARV > your capital base?
I am new to BRRRR. One consistent thing that keeps coming up in my research is how to handle scaling.I'll try and dumb it down so it's easiest for me to explain: consider hypothetically starting with $1m and BRRRRing ...
Bon Osonwanne
Syndicate Waterfall Distribution with Leverage and Seasoning
Hey all,
I recently came across a lender that will do a Blanket Loan under 500k (several properties in one cash-out refinance mortgage) on an existing cash portfolio owned by my Syndicate (LLC). Does anyone have an...
Brian Garrett
Non-conventional owner-occupied loans?
What type of commercial/portfolio loans exist for those looking to owner-occupy either a SFH or MFR?I don't qualify for conventional Fannie/Freddie loans due to the lack of income reflected on my tax returns.I'm curre...
Anurag D.
Take Equity Out (DTI maxed out, DSCR almost 1)
Hello,
> Assumption:
- Single Family residential rental (one-unit) (CA) with good (~45%) equity built .
- DTI maxed out for Conventional loan requirements (Freddie-Fannie based loans)
- DSCR just reaching...