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All Forum Posts by: Tarik Turner

Tarik Turner has started 12 posts and replied 1069 times.

Post: Property under contract. Private/hard money recommendations?

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

What are the numbers on the deal

Post: Lender for cash out refinance in Texas

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

What LTV do you need

Post: Refi loan Rebate/Points reasonable?

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

Actually believe that you are receiving a very fair quote from your broker.  Even at 1.5% origination you are still coming out with a good deal.

Post: Cash-out refi questions Milwaukee area

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

At 14 months most Lenders should be willing to loan based on the appraised value 

Post: Multi Property Refi

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

Yes you can refi into a blanket portfolio loan but what is the reason for a HML for the purchase

Post: Anyone Buying in New Jersey?

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

The two area that you mentioned are going through a rough patch- Had another lender recently tell me that 25% of their mortgages in Patterson went under. Make sure you know the area well and that whatever lender you are working with approves of the deal prior to signing the contract

Post: Hard Money for a Newbie

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

What % of the purchase and rehab are they covering? 

Post: Refinancing a Bridge Loan

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

Why are you going with a bridge loan for the initial purchase? 

Not sure what the main issue is here.  Are you both Co owners on all of the properties?  

Post: How do I get better than 70%LTV on a SFR?

Tarik TurnerPosted
  • Lender
  • Hackensack, NJ
  • Posts 1,166
  • Votes 371

Where is the property located?