Ecaterina Katerina Morosan
My experience as a small Private Money Lender
I lended cash to a flipper in California. He mostly does smaller projects that require upgrade and sometimes full gut renovations. He offers 8-10% per transaction which is higher than the average market can offer.Norm...
Jessica Lamont
ISO DSCR Lender. Purchasing a property using BRRR.
Hello,I’m purchasing a sfh in kingman, AZ using BRRR and need to get the lowest rate possible when I refinance to make this deal work. home purchase: 121krepair: 29kARV: 230k What is the standard DSCR loan rate right ...
Jeremy Clarke
Can I use my current interest rate rate for another property?
Hello Gurus, this question may sound a bit odd but I have to ask. Here's my situation. I own a couple of homes in Denver. Both are now rentals. For one of them, I'd like to sell it to purchase another house, as my pri...
Steve S.
How to buy a homestead property and avoiding jumbo loan rates?
I'm having a home built that I will live in. After I put my 20% down, the loan is about $449,000. This is, of course, higher than the $429,000 threshold for a jumbo loan.What are the best options here to try to avoi...
Jordan B.
Loan rates add up quick
In my job as a banker we do a lot of figuring for our clients helping them figure out how to best utilize their funds, lending limits, and cash in deals. I know we can get caught up in deals and start to neglect the ...
Taylor Chiu
Cheapest SBA 7a loan rates?
Hey everyone, I'm under contract on an assisted living facility and looking to do an SBA 7a loan.
I've had a lender quote a rate of 4.25% fixed for 5 years on 25 yr amortization. I had been under the impression that...
Madeline J.
Bank statement mortgage loan rates
Hello! I have a private medical practice/recently quit my W2 job. I would be a really really awesome borrower (very secure work, very good credit, 0 debt) but don't qualify for a mortgage because my business has been ...
Sophia Dwyer
Help on auto loan rates
I am replacing my old car and buying a new one. But I want to compare auto loan rates and loan terms from multiple lenders first before getting pre- approved. Where do you think I should go for the best financing deal...
Nili Yosef
fixed vs variable loan rates
Hi guys,I'm new at this- What do you usually go with for commercial loans- a fixed rate or a variable (prime plus)?For example Wells Fargo offers fixed- 5.8%-6.62%, or variable prime plus so it comes out to- 5.22%-5.9...
Sakib J.
Loan rates for investment properties
Wondering what is the lowest and best loan rate are you guys seeing these days for investment properties? Specifically in GA