All Forum Posts by: Alexis Sostre

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Welcome to the Wealth Circle Event - Investors & Homebuyers!

Come join us at 722 S Los Angeles St for an exciting in-person gathering where investors and homebuyers meet to discuss all things wealth-related. Whether you're looking to invest in properties or searching for your dream home, this event is the perfect opportunity to connect and gain valuable insights. Don't miss out on this chance to network with like-minded individuals and explore new opportunities. See you there! RSVP 310-359-7856

Hi Walter, congrats on getting started! Since you don't want to keep moving, one option to look at is a Home Equity Loan (HELOAN). At Quontic, we offer HELOANs with fixed rates and predictable payments, you get a lump sum you can use as a down payment on an investment property. It's a good alternative to a HELOC if you prefer stability, and it can be paired with investor loans like DSCR so the property's rental income does most of the qualifying. Happy to run numbers with you if you want to see how it stacks up against your VA loan or heloc idea.

Andrew congratulations! Make sure to share a scenario and we can give more input! Look forward to connecting 

Are you growing your rental portfolio or looking for creative financing? As a Loan Officer with Quontic Bank, I specialize in Non-QM and investor-friendly programs designed to help real estate investors scale without the typical roadblocks.

Loan Programs Offered:

• DSCR Loans (1.10x+ coverage, no income docs required)

• Mixed-Use & Multifamily DSCR (5–10 units & 2–8 mixed-use properties)

• Lite Doc Programs (qualify with CPA-prepared P&L, no tax returns/W2s)

• Asset Utilization Loans (qualify based on post-closing assets)

• Foreign National Loans (ITIN accepted)

• HELOAN Lite Doc (up to 80% CLTV, 1–4 units, condos, PUDs)

Why Work With Me:

• Investor-focused: I understand how to structure loans for cash flow & scaling

• Fast & Flexible: Minimal documentation, streamlined underwriting

• Creative Solutions: Perfect for self-employed, out-of-state, or value-add investors

• National Reach: Programs available across many states

Let’s Connect

If you’re under contract, refinancing, or planning your next deal, I’d be happy to walk through options and see what fits best.

📅 Book a call or Apply Now!

Alexis Sostre
Loan Officer – Quontic Bank
NMLS #2743630
📱 Mobile: 310-359-7575
✉️ Email: [email protected]

Seller financing + down payment assistance usually don’t mix. Most lenders want your down payment to come from your own funds (seasoned cash) so you’ve got equity in the deal.

That said, some private lenders get creative, a seller carry can sometimes act like part of the “down payment” or sit in second position, but it depends on the lender and has to be disclosed.

Seller financing + down payment assistance usually don’t mix. Most lenders want your down payment to come from your own funds (seasoned cash) so you’ve got equity in the deal.

That said, some private lenders get creative, a seller carry can sometimes act like part of the “down payment” or sit in second position, but it depends on the lender and has to be disclosed.

Im in LA planning to attend, it will be my first time this year. look forward to meeting all of my Californians out there! 

Yes exactly, for sure hit me up!

That sounds like a strong value-add play in West Allis. With 8 residential units and 1 commercial, this would be considered mixed-use multifamily from a lending perspective. A few things to note: Most conventional or bank financing for mixed-use requires closer to 20–25% down, especially on buildings with commercial space.

Hitting 10% down is tough, but there may be creative ways to structure it for example, a bridge or rehab loan that funds a portion of the construction, or bringing in a preferred equity partner to effectively reduce your cash in.

Bridge / Rehab Loan (Interest-Only, 12–24 months): Could cover purchase + rehab and get you to stabilized ARV of ~$700K, then you'd refinance into permanent debt.

DSCR or Bank Loan (Permanent): Once stabilized, you could refi at 70–75% LTV. DSCR is usually faster and easier on documentation, while local banks might give you slightly better rates if you can show strong financials.

If you’d like, I can put together a draft term sheet once I have: Current rent roll & leases, Rehab budget (line items) Exit strategy (hold vs. sell after stabilization).

That'll let me show you a realistic structure — both on a bridge-to-perm setup and a straight DSCR/bank option.

Small multifamily loans in NYC often behave differently than single-family loans. Lenders will scrutinize your personal credit, the property’s cash flow, and local market comps. 

Conventional financing is usually limited to 3–4 unit buildings, so for 2–3 units you can often get traditional mortgages but DSCR or bank loans may have higher rates than what you're used to.

Conventional loans generally do not have prepayment penalties you can refinance or sell without added cost. Most DSCR loans, on the other hand, do have prepayment penalties. This can affect your exit strategy if you plan to refinance or sell early. Make sure to explore financing options that will work for you.

Partnerships can help spread risk, especially if you’re targeting higher-priced assets in Queens.

Focus heavily on net operating income (NOI) and local rent comps. Unlike Brooklyn, some Queens neighborhoods have slower rent growth, so conservative projections are key.

Factor in property taxes, insurance, and any co-op or condo association fees if applicable they can materially affect cash flow.

The process can be more document-heavy than other markets, especially for small multifamily. Lenders may ask for detailed rent rolls, leases, and historical expenses. Timing can be longer, closing in NYC often takes longer than in other regions, even for small buildings (LAWYERS).

I’d be happy to connect and share more insight or discuss potential deal opportunities in Queens or nearby boroughs. Networking with folks targeting similar-sized assets is a great way to see what works and avoid pitfalls.