All Forum Posts by: Deborah Wodell
Deborah Wodell has started 40 posts and replied 307 times.
Post: Looking for a DSCR loan
- Lender
- Colorado Springs, CO
- Posts 324
- Votes 112
Hey Dan! If you're still on the lookout for options, let me know.
Post: DSCR loan for STR
- Lender
- Colorado Springs, CO
- Posts 324
- Votes 112
Hey Mike! I sent you a message. I can help you on this
Post: First Fix & Flip
- Lender
- Colorado Springs, CO
- Posts 324
- Votes 112
Hey Deena! For a first time investor you'd probably get up to 80-85% of purchase and need to have atleast 20% cash ready for dp. So if you don't have liquid cash available for it, you can try finding a partner who can JV with you on the deal or find a gap funder. If you're planning to hold and rent it out, you can refinance to get a better rate after some months.
Post: Any Lenders offering 15%
- Lender
- Colorado Springs, CO
- Posts 324
- Votes 112
Hey Christopher!
If you need funding for another property you're working on, feel free to reach out.
https://linktr.ee/creativereifunding
Post: Seeking Lending Partners for Active Deals in VA and NC
- Lender
- Colorado Springs, CO
- Posts 324
- Votes 112
I sent you a dm! I could help on the properties you plan on buying in VA.
Post: Can someone point me to a Hard money lender
- Lender
- Colorado Springs, CO
- Posts 324
- Votes 112
Hey @Baahir Starkey
Feel free to reach out if you'd like to discuss more. I'm a broker and can get you several options.
Post: Ran into a great BRRRR opportunity but lack liquid/ capital
- Lender
- Colorado Springs, CO
- Posts 324
- Votes 112
I sorta agree with he 1st one, best bet is to find a partner that will jv with you. and If you'd really like to go for a private money/ hard money loan, that partner must have good experience and credit which can also be included in the loan app.