Jeffrey Kovnick
Commercial mortgage brokers
$8,500,0000 property; $3million down, 65% leverage (so $5.5 million loan). CBRE is my broker, they receive 2.5% buyers agent commission. I was told that they would help me through the loan process. So, today when spea...
Matt Z.
Hard money lender for down payment?
Hi all, I recently found a multi-unit (duplex) property I am interested in the Bucks County, PA area. The property is a duplex with 2br/1 bath each unit, with monthly cash flow of $2500 month when both units are rente...
Kenji Tominaga
Financing from a property out of country
Hi everyone! I would like to ask for a piece of advice if anyone has this experience.I have a studio room property in Tokyo Japan, free from any collateral, and I wonder if it can be an option to borrow money using th...
Travon Allender
Exit strategy - refi out of lender's loan
A portfolio lender is interested in lending me capitol on a property (buy and hold). The lender will cover acquisition costs (purchase and rehab).To date I have been unable to modify the mortgage on my primary reside...
Miles Stanley
Portfolio Lender with 30-year Mortgages - San Antonio, TX area
Does anyone know of any portfolio lenders and/or small banks that offer non-conforming investment property mortgages with 30-year terms?All the ones i have spoken too so far only go up to 20-years and this could be a ...
Shane H.
NE1 w Experience in obtaining FHA 232 , 241 Sr Living Loan?
Hello,I'm looking at refinancing our SBA loan debt this summer or fall - and looking at obtaining an FHA Sec 232 loan or I've seen there are some Fannie/Freddie loan programs as well depending on the lender.I like the...
Jason Espi
Co sign or refinance
My fiance and I are looking to see if I should co sign his house, take cash out and get a lower interest rate. Or I apply for a mortgage loan under my name to rent out the property. I'm not sure if co signing first m...
Wilson Pun
Purpose of DTI for commercial loans based off of DSCR
What's the point for commercial lenders to consider individual's DTI for a loan on an income producing property owned by an entity? The loan amount will be based off of NOI metrics like DSCR and Debt Yield, along wit...
Megan Hirlehey
How do you refinance your AirBnB without a 12-month lease?
Hi BP,I have an AirBNB that I'm looking to refinance. It is owned by a partnership (so I need a commercial RE loan) and I don't have any loans against the property. The company that owns the property has loans, so I w...
Anthony Hornbeck
Hypothetical - $75k Equity vs $50k Student Loans
What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...