All Forum Posts by: Camile Case
Camile Case has started 0 posts and replied 106 times.
Post: Mortgage on fully paid of rental property
- Lender
- Miami, FL
- Posts 135
- Votes 31
Up to 80% LTV depends on FICO and seasoning.
Post: Conventional Financing on STR Property in North Carolina?
- Lender
- Miami, FL
- Posts 135
- Votes 31
I can help.
Post: Cash out refi or Heloc?
- Lender
- Miami, FL
- Posts 135
- Votes 31
Correct, you can get up to 80% LTV Cash Out. Purchase new properties in an LLC. Acquisition loans are up to 80% Multifamily and up to 85% LTV 1-4 Units.
Post: Trouble finding HML for new construction in Dewey, Az
- Lender
- Miami, FL
- Posts 135
- Votes 31
That might be tough with population being so low. HML usually want to see population of 100K+. You may need to explore a local bank.
Post: Commercial agent / lenders
- Lender
- Miami, FL
- Posts 135
- Votes 31
What's the Purchase Price? What's your current liquidity?
Post: Recommendations on Lender for 20 Unit Apartment Complex
- Lender
- Miami, FL
- Posts 135
- Votes 31
What's the ARV Value? Is the property stabilized?
Post: DSCR loans and LLCs - which state?
- Lender
- Miami, FL
- Posts 135
- Votes 31
Wouldn't matter to the Lender. I'd suggest to create a LLC in the state where the property is located - anything otherwise will incur a fee to do business in that particular state as a foreign entity.
Post: Getting a loan with contract work
- Lender
- Miami, FL
- Posts 135
- Votes 31
DSCR or Bank Statement Loan will work for your situation.
Post: Need to refinance multiple properties at once
- Lender
- Miami, FL
- Posts 135
- Votes 31
Cash Out and Rate & Term refinance DSCR loans can provide you with 80% LTV max - when are you looking to close?
Post: Duplex Lending after hard money lending
- Lender
- Miami, FL
- Posts 135
- Votes 31
Max Cash Out is currently 80% LTV Rate & Term 75% Cash Out - when are you looking to close?