All Forum Posts by: Devin Peterson

Thanks. I may be interested.

So if I wanted to do conventional loan refi cashout, is it 12 months from date of purchase or 12 months with the same lender? I owned it for 12 months, but did 2 refinances in between.

Hello all, I am an aspiring real estate investor. I am hoping to start investing in the Tampa Bay area in Q1 2025. I am interested in LTRs. However, I have my doubts about it and I am hoping I can get some advice or opinions from other investors or experts in the area. I have analyzed a few deals in the current market, but I have not been able to find a single one that will produce a decent cashflow. 

I am wondering what are the projections for next year? I have read that the housing inventory has been increasing. I am hoping that this, combined with the expected rate cuts, will make it easier to find good LTRs next year. But, on the flip side, I have also read that rents are starting to correct and go down.

So, I wonder, am I making a mistake by hoping that the market will be better for investors next year? Or should I just give up and look for something else to invest in?

Hi!

Currently looking for a lender that will do a portfolio commercial refinance on a group of STRs. They are all 2 units or single family homes. Income is amazing. Looking for income based approach to get the best value.

Let me know!

Thanks!

Jesse

Could you help me with a recommendation for  an investor friendly lender for dscr loan in Texas , thank you 

Seeking an experienced lender who can hook me up with some DSCR lending or other financial options in Colorado to help me step up acquisitions. Would like help doing fix & flip and also fix & hold. Would appreciate little or no seasoning to cash out. Would be great to be working several properties at once instead of doing one at a time. Please reach out with the details of your terms. Would love to hear from lender investors and others who can not just help me funds deals, but who can also help me strategize pathways forward. If everything looks great, then let's jump on a call. Thanks! Alan

@Devin Peterson

As someone who does some private lending I have an attorney create the documents and closing package which we pass on. We also charge an underwriting fee which includes reviewing the entire file, cost for appraisals and credit checks etc

You also can thank your state or federal government for creating additional layers such as licensing for business loans which to me is stupid.