Account Closed
10 Units Purchased w/cash--43% LTV Portfolio Refi Out Options?
I am curious to hear from portfolio lenders on what my options are in the below scenario:--10 Single Family homes--Package ARV 500K (50K per house) --43% LTV--Paid cash nothing owed.--All renovated/performing propert...
Justin Pumpr
Commercial lender with high LTV
Hi all,
Does anybody know of a commercial lender that will give 85% LTV or higher? I'm only finding 75% at the moment and that is a significant down payment on most larger multifamily properties. I'm looking in OH, I...
Mike Wallace
what type of LTV are most private guys looking for?
I have seen some advertised in my area saying they only do 50% ltv. Is that common practice?
Lauryn Meadows
PVT Money/ HML in Southern Ohio
Hey all! I have a duplex under contract in Southern OH for $10,000, rehab will be around $60,000 or less. ARV $90,000. Does anyone know of a HML that will fund such a small loan for the rehab period? I have a local ba...
Marcus Joseph
BRRRR Into FHA or Conventional Low Down House Hack
Hello All!Does anyone know if it is possible to BRRRR into a low down house hack? I was recently pre-approved to buy a house FHA or using a low down conventional loan and I am already looking for a flip in Houston. My...
Connor Feist
Searching for Lender
A few questions below:Does anyone have recommendations on short term lenders that I could tap for acquisition capital (likely between 60-80% LTV)? The property would be a condo in Florida that I would expect to flip i...
Kit Peery
Hi, I'm a new member from the San Jose area
Hello,My name is Kit Peery. I've recently moved to the San Jose area from Columbus, Ohio. I'm in the tech industry, but I'm going to transition to real estate investing over the long haul.I would love to network with...
Michael Mudrey
Typical commercial terms?
Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
Kenny Simpson
Active listing is down 60% from 10 year average
All 1 to 4 unit Active listings, including condo when you look at the data from the last 10 years are down 60% from the norm. In San Diego active listings in a normal market are about 10 to 12K, currently today we ar...
Johan Zafra
Need to refinance soon after purchase!!
Hello BP family. I am looking for some advice and/or recommendations. I recently put an turnkey SFH under contract. The property is out of state in FL - I'm located in NJ. Before submitting the offer I reached out...