Reasons we don’t fund a loan request in no particular order 1. The borrower needs or wants a loan amount larger than we feel is prudent for us to lend 2. The borrower has lied to us. This is anything from falsified financial statements, bogus leases, to hidden bankruptcies and felony convictions....
Hello, I am looking to buy an investment property using a conventional loan and I was wondering if anyone here knew of any banks in Tennessee (or any bank really) that could get me financing for a rental property at 85% LTV in Chattanooga. I understand this is a high bar to ask on an investment l...
Hey, guys and gals! Okay, so I just spent 2 hours analyzing ONE property across different loan types. Had to use 4 different calculators, re-enter the same data each time, and manually compare results in a spreadsheet. My workflow: BiggerPockets calculator for conventional FHA.com calculator for ...
I'm wrapping up a rehab project and found something I'm interested in however my funds are tied up in the correct project. Do all DSCR loans with no seasoning requirement lend on the purchase price vs a new appraised value?
REAL ESTATE FINANCING September 2026 Bridge Lending 101 for Real Estate Investors Bridge loans fill the gap between buying a property and stabilizing or selling it. Here's what they are, how they work, and when they make sense for real estate investors. Bridge lending is short-term financing desi...
Hello everybody. I'm looking at properties in Kentucky and Tennessee currently for LTR. I am looking to compare DSCR and conventional loan rates to see where I can get the best deal overall. My max purchase price will be $400,000, my FICO score is around 720 and Experian VantageScore is around 76...
For investors who have grown their real estate businesses beyond a few properties, what type of financing has helped you scale the most? I’d be interested to hear about your experience with conventional loans, private money, hard money, DSCR loans, bridge loans, commercial financing, or other fun...
Proper property insurance is a critical requirement for DSCR Lenders. While the primary risk evaluated by DSCR Lenders is the risk of borrower default, i.e. failure to make payments of interest and principal on the loan, the biggest risk facing a DSCR Lender is different. In the case of default, ...
There's no “best” financing option for every investor. Conventional financing may work well for long-term holds, while private financing can make sense for projects where speed, flexibility, or renovations are important. The key is to consider financing before you make the offer. What financing s...
Most hard money comparisons focus on interest rate, points, LTC, and ARV. But a cheaper loan can become expensive fast if every draw requires a slow inspection, reimbursement takes a week, or unused funds can’t be moved between budget categories. Would you accept slightly worse pricing for: faste...
Ran the numbers on a four-condo package recently and it turned into a clean example of how much one line item can move a DSCR. Curious how the lenders and landlords here handle it. The package: four individually deeded units in the same complex, offered together at $345,000. Three occupied, one t...
Hi - wanted to share this research for anyone looking into purchasing a condo for an investment property - plenty of "pitfalls" that could make financing hard or even impossible outside of say a shady or high-price hard money or private money lender: Chart: What Could Make a Condo Ineligible for ...
I tried to get a home loan with my past 2yrs 1040s but since im 1099 and did a whole bunch of writeoffs prior looking for a home, broker said my only option now is bank statement or 1099 loan, he explained how the 1099 route is much simpler as with bank statements its a lot of paper work and can ...
Hi Everyone! My siblings and I are purchasing a rental property together through an LLC and currently are talking to a national bank. They let me know that closing would take around 45-60 days. Is this normal? And if anyone has any good recommendations for DSCR lenders in Cleveland that can poten...
Hey everyone, I’m a Los Angeles-based real estate investor and founder of Gather West (real estate acquisitions and holdings). I currently own and manage multifamily properties here in Southern California and expanding into out-of-state acquisitions focused on value-add renovations and long-term ...
I am deciding between using a HELOC or private/hard money to fund my first flip. The HELOC has more than enough room, but I would like to really examine the alternatives closely. Excellent credit. Is there an organization that has done the hard work of comparing flip-lending products side by side...
I keep seeing loans advertised as covering 100% of the rehab. But then the actual process is: You pay the contractor and materials. The work gets completed. The lender inspects it. Then you get reimbursed. That may still be a good loan, but it doesn’t exactly remove the need for cash. A $70K reha...
I usually think of lender conditions as one more obstacle. Another inspection. More reserves. A lower ARV. Repairs that need to happen before closing. But the lender is also one of the only people in the deal who has no reason to fall in love with the property. Has a lender ever rejected a deal o...
I’m curious how people handle this once they’ve done a few deals. Say your usual lender has been reliable, answers quickly, and already knows how you operate. Then another lender comes in a little cheaper on the next deal. Are you switching for the better terms every time, or is there a point whe...
I was talking with an investor recently and asked how the market was treating him. I expected him to say finding deals was the challenge. Instead, he said, "I'm actually finding plenty of deals. I'm just passing on more of them than ever before." His reasoning was simple: he'd rather do fewer dea...
I had an interesting conversation with an investor recently about something I think a lot of people wrestle with. He had enough cash to put significantly more money into a deal and reduce his borrowing costs. But his response was basically, “Then what happens when the next deal shows up?” That st...
Any recommendations? My plan is to purchase 3 to 4 new construction single family homes or 3 to 4 new construction townhomes, ideally in the Atlanta area. They may end up being under an HOA. I'm selling a property to do a 1031 exchange and this money will be the downpayment for the purchase of a ...
Hello, I’m going to be closing on my first SFR investment property soon via an all cash deal. After closing I’d like to do a delayed finance to use the cash for a second property. The property is in Memphis TN. I am open to any lender recommendations from those that have done the same. My thought...
Looking for some advice from experienced private money lenders , borrowers and investors. I’m raising funding for a fix-and-flip deal. The property is already being financed by a hard money lender. I found a potential private lender, but after reviewing the structure, he decided not to move forwa...
How are other small private lenders handling draw requests without a dedicated draw team? The pattern I keep running into, talking to lenders with a handful of rehab loans: draw requests are the one part of servicing that doesn't scale down cleanly. A bank has a whole draw department. A solo lend...