All Forum Posts by: Devin Peterson

Get the absolute best RATES and SERVICE that you will find in the DSCR space!

#🥇 in product analysis - Don't just settle for "chocolate" or "vanilla" There is a reason Ben & Jerry's Ice Cream has over 100 different flavors. Let us find the absolute best DSCR fit for your needs!

#🥇in client relationship management - Don’t get stuck in the masses. Work 1:1 directly with your broker from pre-approval to closing day! No fuss!

#🥇 in risk analysis and Pro-forma education - Other DSCR lenders will just show you the rates and fees. We take pride in the deals we work on. That means, personalized underwriting services for investors who want additional opinions.

🚀 Trust the #🥇 broker in the DSCR space to close even the toughest of deals!

✅ Customizable loan terms

✅ No Income Required

✅ No Employment Verification

✅ No W2s or Tax Returns

✅ Close in your LLC

✅ Non-credit reporting option

✅ DSCR < 1.00 is OKAY

✅ All 50 States

👉 Check out our website:

https://millerhomelending.com/

👉 Use the best mortgage calculators:

https://millerhomelending.com/mortgage-calculators/

👉 Schedule a FREE consultation:

https://calendly.com/devinpeterson

Work with the best MTR-STR / DSCR brokers in the industry!

#🥇 in product fitting and satisfaction - Don't just settle for any ordinary MTR-STR loan. Let us evaluate your scenario to find the right product for your STR needs

#🥇 in applying a creative underwriting approach - Have seasonality income adjustments? NO PROBLEM! We will accept it!

#🥇 in finding creative ways for FIRST-TIME INVESTORS to qualify their MTR-STR!

🚀 Why are we truly different?

✅ Industry-leading service and speed

✅ Over 500+ lending partners across the United States

✅ Our private search platform allows us to obtain the best terms for your deal

✅ We provide more than just loans - get unmatched customer service and continued guidance

👉 Check out our website:

https://millerhomelending.com/

👉 Use the best mortgage calculators:

https://millerhomelending.com/mortgage-calculators/

👉 Schedule a FREE consultation:

calendly.com/devinpeterson

Work with a team that has over 60+ years of combined mortgage experience.

#🥇 in creative non-traditional banking solutions!

#🥇 in client relationship fulfillment!

#🥇 in service and speed!

🚀 What do we offer in the NON-QM world?

✅ Asset Lending

✅ Profit + Loss

✅ Bank Statement Loans

✅ 1099 - IDC Loans

And MORE!

👉 Check out our website:

https://millerhomelending.com/

👉 Use the best mortgage calculators:

https://millerhomelending.com/mortgage-calculators/

👉 Schedule a FREE consultation:

https://calendly.com/devinpeterson

1000% consulting with an attorney this question if protecting assets is the key purpose here. Agree with everyone else!

 Corey, First off - Congratulations on the successful portfolio thus far! What an achievement. There are a few ways to address your question. 

1. Using a DSCR loan that allows closing in the business name is a great way to separate personal liability from the business. Make sure that the corresponding lender or broker you are working with has a loan servicing company that is non-reporting. Meaning, that once closed under the business / LLC the debt will no longer populate on personal credit checks.

2. Blanket loans vs individual cash outs - There are lenders out there that will do a cash-out on 2+ properties (no max amount really) that will allow you to close the loan under one deed, and lien. The properties are expected to be in reasonably close proximity to each other. One of the benefits here is that you can save a bit on closing costs but the PPP (pre-payment penalty) structure may be more aggressive, ultimately inhibiting your ability to sell off if needed - since the loan would need to sustain a minimum debt service. You can also just elect to refinance all the loans individually but with the same lender. I know tons of investors who have received additional discounts in rate and closing costs for having multiple files closed with the same investor at once.

Happy to connect and strategize more creative solutions if needed. Good luck!

Hi Isadore, I am more than happy to connect you with the states top off market wholesalers and agents. I am a local CT investor and broker myself. Lets chat!

 Gabriel, I work and educate investors nationwide but I do have to say - CT is one of the most tightly-knit investing communities in the country. There are TONS of real estate meet ups you can attend monthly. I host one every other month in Middletown at the Red Fox restaurant. Connect with @Samuel Eddinger @Stephanie Cabral @Brandon Rush and other CT investors to get connected with the community! Good luck!

 Hi! There are tons of qualified brokers and lenders that can assist here. I would get a couple of quotes compared from an investment focused broker. Use the find a lender tab to help also!

 Try my good friend Ryan Dumon with goosehead. He specializes in rental property coverage. Excellent rates and service! Will DM info