All Forum Posts by: Alexis Sostre

On the lending side, here’s what I’d look at:

• Coverage: Your current numbers put you around a 1.3 DSCR, which is fine, but it doesn't take much of a dip in occupancy before that gets tight. Most lenders (myself included) like to see a buffer built in.

• Seasonality: Some investors hedge by filling the off-season with 3–6 month corporate or travel nurse leases. If you can document those, lenders will usually count that income.

• Regulations: OOB has been cracking down on STR licensing. Make sure all four units can legally transfer permits—otherwise you might find yourself holding a "fourplex" that only pencils as a duplex.

• Cash reserves: I’d plan on holding enough reserves to float one full off-season of debt service. That way if bookings soften, you’re not stressed.

If you want to compare financing structures, there are DSCR products designed specifically for STRs. They underwrite on actual short-term rental income instead of long-term lease numbers, which could give you a little more flexibility than stacking a HELOC + conventional loan.

Hi Jonathan, From a financing standpoint, if you want to protect against volatility, you might explore DSCR loan products that underwrite directly to STR income (not long-term rents) so you're not forced into overly conservative "annual lease" numbers. Depending on structure, it could give you better leverage or flexibility than the HELOC + conventional stack.

Hi Sean I can help with this!

https://alexissostre.seqsolution.com/multi

This loan is intended for new and experienced real estate investors seeking funding for 5+ unit apartments nationwide.

• Loan amount $300K to $50M
• 12 months to 30 years
• Min property value: $35K per door
• Min credit score 650
• Up to 70% LTV for purchase
• Up to 65% LTV for Cash-out Refinance
• Document needed: Application; Two months' bank statement; Corporate Entity Documents; Real estate track record; Rent roll; and Operating statement

Hi Beth, love that you’re getting your son started this early — house hacking at 20 is huge.

On your questions: A refinance isn't the only way to ditch mortgage insurance. If he's built up 20% equity (through paydown, appreciation, or the value added from renovations), he can often request PMI removal with the current lender after an appraisal. That saves him from resetting the loan.

Once the reno is done in November, that's a good checkpoint. If the updates boost value enough, he may qualify for PMI removal or a refinance that both lowers the rate and knocks out PMI. Waiting until spring could mean better rates, but he'll be paying extra every month in the meantime.

After the work is done, get a fresh value check. If the equity is there, run the numbers both ways:

• Refi now = immediate monthly relief, possibly higher rate than spring.

• Refi later = maybe better rate, but more months paying PMI and higher payment.

• PMI removal request = best if he can hit that 80% loan-to-value mark without refinancing.

As a lender, I always suggest checking both the payment savings and the break-even point before deciding. Happy to run side-by-side numbers for you guys when November rolls around.

@Leniel Mendez Congratulations on your first flip! I can do DSCR 75% LTV quick close. Minimum Fico 680. First time investor welcome here. 

@Anthony Polcyn Im here to assist if you still looking for solution. If you need a commercial Lender I can help!

Jose how are you doing? I'm in LA and be hosting Wealth Circle Meetups just did one this past sunday. Would love to connect

https://alexissostre.seqsolution.com/commercial/

I specialize in financing commercial real estate acquisitions & refinances — from shopping centers, office buildings, warehouses, and gas stations to RV parks, storage facilities, and more.

Here’s what we offer:
💰 Loan Amounts: $300K – $100M
⏳ Terms: 12 months – 30 years
📉 Leverage: Up to 70% LTV (Purchase) | Up to 65% LTV (Cash-Out Refi)
📊 Credit: 650+

✅ Quick & straightforward process — here’s what you’ll need:

• Application

• 2 months’ bank statements

• Corporate entity docs

• Real estate track record

• Rent roll & operating statement

👉 Ready to fund your next deal? Drop me a message or comment “Info” below, and I’ll send you the application link to get started today.

Let’s get your next commercial project financed and cash-flowing! 🚀

https://alexissostre.seqsolution.com/fix-n-flip/

A short-term loan intended for new and experienced real estate investors seeking funding for fix & flip properties nationwide.

• Loan amount: $100K to $10M
• 12 to 18 months Min credit score 650
• Up to 85% of purchase price + 100% of renovation cost; not to exceed 75% of the After Repair Value
• 1-4 units non owner occupied; condo; townhouse; multifamily; mixed used
• Document needed: Application; Two month bank statement; corporate entity documents; rehab budget; previous real estate experience; ID Foreign Nationals OK, need valid passport, proof of income in their native country or in the US, and 30% to 40% down payment