All Forum Posts by: Camile Case

@Garrett Vaeth Yes, what's your closing date? Where is the property located? What's your FICO?

@Franky Juwana 

Can I borrow against it? Yes - are there any issues or red flags?

and what's the criteria for borrowing? DSCR Asset Based, FICO determines LTV and Interest Rate

is my credit score or property income matters most to the bank? Property Income & Occupancy

- What's the max can I borrow ? Depends on your FICO, but can go up to 80% 

Do they need to Appraise it ? Yes, AS IS Appraisal

@Xi Zhu What loan term are you looking for? What's the current occupancy? What interest rate have you budgeted for? What's your current rate? What's the rent rolls and expenses?

@Randy Beharry What's your closing date? What's the PP, Rehab, ARV?

@Patrick Shep Available - what's the question?

@Sean Bramble Construction Loans require experience or the Builder/Contractor to sign/guarantee the Loan with you. You have more than enough and depending on the equity/value you can get 100% of the vertical covered. 

@Tyrel Holman What's your current interest rate?

@Nicholas Burnham No Seasoning, Market Rents & AS IS Appraisal, & DSCR. What's the AS IS Value?

Hard Money or Construction Loan

@Miguel Hernandez Have Title and Appraisal (AS IS & ARV) been completed?