All Forum Posts by: Brandon Croucier

I don’t see anything wrong with paying points if you like the rate, getting it to a level you like is just personal preference.

You’re either going to pay it on the front, or the backend. 

Hi Dushan, if you have an EIN and ITIN it should be fairly simple to obtain financing.

How many properties are you looking to acquire in the states?

Raising capital is a skill that can take a lot of time to acquire,

Raising capital typically comes down to just having the right connections and getting in the circles who use money to make money. (Lots of it) 

Of course Gene,

Your losses offset your gains.

You can even carry losses into future years.

Please consult with a tax professional though ;)

A few of my investors charge a point or two for an extension, every 6 months = 1 point seems fair.

Hi Grayson, with you mentioning conventional 5% down and FHA 3.5% down, it sounds like you are referring to a primary residence.

Private Lending/Hard Money Lending is usually on investment property 

(We can do primaries but it is highly regulated & varies state to state so most refrain from it.)

If you are looking to get into a flip, long term loan, whatever it may be.

If you have no experience & a solid fico, rule of thumb is 20% down.

Hope that helped :)

Hi Chase,

I know a few funds that allow up to 90% CLTV, lending up to 75% in 1st position.

If you can find a seller willing to do a 15% seller carry back on a 3 year minimum term, 10% down is a real possibility!

HI Ryan,

Personally I recommend just sticking with hard money,

It gives you flexibility on the acquisition price, liquidity and a line of credit to fund your rehab. Try to avoid mixing your primary residence up in your projects, I've seen it turn ugly, Fast.

Hi John,

It's a matter of opportunity cost.

Yes capital is more expensive right now, but based off cyclical and long term data, asset prices begin to rise rapidly as money becomes cheaper.

*Getting Capital Now And Buying More Assets - Will Most Likely Increase Greater Returns Then a 2% Spread In Interest Rates*

I do recommend a DSCR loan if your property is producing enough income, its a great product and is being used all across the nation to scale portfolios rapidly!

Hi Mark,

You are most likely just better off refinancing the note.

If you were able to get a 2nd. You should be expecting at a minimum 8-9%.

(Most Likely Double Digits)

Your blended rate will be extremely comparable. If not worse.

The difference is negligible in your position, holding over 5M in equity, your time is better used elsewhere.