All Forum Posts by: Dan Gamache

@Charles Coaston Do you own the house?  If so, what was the purchase price? What do you think value of property will be after rehab?

@Nick Rivers what is the % mix of residential vs commercial in property. Do you know partners credit score?

Very excited to announce a brand new Fix2Rent lending option for Brrrr investors. Loan will start out as a Fix n Flip loan and will convert to a long term 30 year program once the rehab is complete and property is rental ready. This program allows for cash-out at time of conversion based on ARV which eliminates all the seasoning issues investors have been running into. Please contact me at (617) 680-1635 or [email protected] to discuss further details.

@Rodney Buford I'll send you PM

@Jonathan Justiniano I would recommend option 1 if you don't have a reliable GC lined up. Option 2 would involve multiple permits needing to be pulled and building inspector getting involved. I would only go that route if you were GC yourself or if you had a GC you had track record with. In this market finding a reliable GC is very difficult and expensive. 

@Greg Felt I could assist with the 5 rental properties in a portfolio loan (must be 1-4 units). We have 30 year terms and can go to 80% LTV. Reach out if you'd like to discuss terms....thank you

@Will King If you need assistance with financing this purchase, feel free to touch base. We lend on Multi-Family properties like this....thank you

@Account Closed Thank you. Our minimum loan amount on long term (30) year investment properties is $50k and minimum property value is $75K (60K if part of portfolio loan). As far as I'm told right now, there will be no difference in the rates, only difference is LTV's.

Good Evening!

We can now Lend up to 70% LTV (65% cash-out)for Canadian Nationals on our 30 year Investment Property loans. Also offer Fix n Flip and Multi-Family products for Foreign Nationals. Contact me for more details at (617) 680-1635 or [email protected]

Thank You,

@Nick M. I'll send you PM