All Forum Posts by: Eduardo Cambil

hanks so much for the thoughtful reply — this is exactly the kind of insight we were hoping to get. 🙌

You hit the nail on the head: we’ve realized that institutional lenders tend to shy away from sub-$75K deals, even when the cash flow is rock solid. That’s why we’re pivoting toward local hard money players and small private lenders who understand the value in these lower-priced, high-yield assets — especially with a guaranteed rent like Section 8.

We’re definitely open to cross-collateralization (Rudy owns a property with equity we could potentially leverage), and we’re actively exploring private gap funding or JV structures — offering a fixed return or equity piece in exchange for the short-term capital needed to close.

On the DSCR refi side, we're working to line up lenders that don’t require full seasoning — just proof of lease, payment history, and ideally a strong appraisal.

If you happen to have contacts who’ve funded deals like this in Texas (or are open to creative structures), we’d love to connect. Always open to chat or hop on a quick call if that’s easier.

Thanks again for the support — and appreciate the encouragement!

– Eduardo & Rudy

Hey everyone,

My partner Rudy (U.S. citizen, based in Texas) and I (European investor) are building a portfolio of turnkey rentals under $80K in Texas. We’ve got a solid deal lined up and are trying to see if anyone here has experience or lender contacts for 100% financing using bridge loans or hard money.

🔑 The Deal

• Location: Lubbock, TX

• Purchase Price: $58,000

• Appraised Value: $75,000 (as-is)

• Rental Plan: Ready to lease to Section 8 tenant at $1,400/month

• Condition: Turnkey — no rehab needed

🧠 Our Strategy

We’re looking for a lender or private investor who can help us:

1. Cover 100% of the purchase price (based on appraised value, not purchase price)

2. Offer a 6–12 month interest-only bridge or HML loan

3. Allow us to refinance into a DSCR loan after tenant placement, ideally based on $75K value

📊 Numbers Breakdown (Post-refi)

• Rent: $1,400/month

• Expenses (PM, insurance, taxes, reserves): ~$250/month

• DSCR: ~1.8+

👥 Borrower Structure

• Buying through a Texas LLC

• Rudy (U.S. partner): Credit score 685, handles boots-on-ground logistics

• Eduardo (foreign partner): European investor and co-manager of deal pipeline

❓What We’re Looking For:

• Hard money or bridge lenders comfortable with deals under $75K

• Anyone who’s successfully pulled off this 100% finance + refi strategy

• Lenders who use appraised value (ARV/as-is) for LTV calculations

• Open to cross-collateralization, private gap funding, or any other creative structures

If you’ve done this or know lenders that can help — even small local shops — please drop your suggestions or DM me. Grateful for any help!

Thanks 🙌
– Eduardo & Rudy

Thanks for the direct reply — I appreciate the straight talk.

Yes, I’ve posted about variations of this strategy before, and you’re right: the common advice has been to avoid it unless the numbers are solid and execution is tight. The difference now is that we’ve actually secured a real deal — not theoretical — and I want to see if we can make it work, with eyes wide open.

Let me lay out the basic numbers for the property:

• 
  

  Purchase price: $58,000

  
  
• 
  

  Rents: $1,890/month (Section 8 tenant already in place)

  
  
• 
  

  Estimated expenses (monthly):

  
  
  
  
  • 
    

    Taxes & insurance: ~$180

  • Maintenance & CapEx: ~$150

  • Property management: ~$150

  • Vacancy reserve: ~$75

  • Hard money loan interest: ~$580 (assuming 12% interest-only)

    
    

→ Monthly Net Cash Flow (during HML phase):

Roughly $755/month positive, even with hard money interest and conservative reserves.

Then: Plan to Refinance at $75K (based on appraised value)

DSCR loan at ~8%

• P&I on $75K over 30 years: ~$550

• That drops total monthly expense to ~$1,105

• New monthly net cash flow: ~$785–$800

So yes, even post-refi with full leverage, DSCR stays >1.6, which is very healthy.

I’m not in fantasyland — I get that if the appraisal falls through or tenant bails, we’re exposed. But the fundamentals look solid if the right lender structure is in place.

That’s why I’m here: not to rehash the risks, but to find:

Anyone who's pulled this off with a hard money + DSCR bridge

• Lenders who are open to working with us (even with me being a foreign national)

• Creative structures to make this capital stack work

We’re committed, but smart enough to listen. Appreciate any constructive advice or referrals.

 How about equity on the deal till refinace?

Hey BiggerPockets community!

My business partner Rudy (US citizen & Texas resident) and I (non-US resident based in Europe) are buying through our LLCs registered in Texas.

We’ve got a turnkey property under contract for $58K, already rented at $1,890/month with Section 8 Tenants, and appraised at $67K. The plan is:

1. Close with a hard money loan—interest-only, 6–12 months.
2. Then refinance into a DSCR loan once we season it or get a new appraisal up to $75K, allowing us to ideally cash-out or at least refinance the full amount.

Here’s our challenge:
We want to put as little money down as possible—ideally 0%—or structure it creatively with gap funding, seller-held second, or any other method that makes sense.

Our Questions:

✅ Has anyone pulled off a hard money loan with 0% or minimal down on a deal like this?
✅ Any lenders (preferably familiar with Texas) willing to fund the full purchase or with creative terms?
✅ Any gap lenders or strategies you've used to plug the down payment temporarily until the DSCR refinance?
✅ What obstacles should we expect when refinancing from a hard money loan into a DSCR loan if one partner is a foreign national?

This is a strong deal in terms of cash flow and equity. We just want to maximize leverage, move fast, and recycle capital.

If you've done similar deals or know hard/private lenders comfortable with this kind of setup, we’d love recommendations. Open to partnerships or creative structures too.

Thanks in advance for the help! 🙌

Hey BiggerPockets community!

My business partner Rudy (US citizen & Texas resident) and I (non-US resident based in Europe) are buying through our LLCs registered in Texas.

We’ve got a turnkey property under contract for $58K, already rented at $1,890/month with Section 8 Tenants, and appraised at $67K. The plan is:

1. Close with a hard money loan—interest-only, 6–12 months.
2. Then refinance into a DSCR loan once we season it or get a new appraisal up to $75K, allowing us to ideally cash-out or at least refinance the full amount.

Here’s our challenge:
We want to put as little money down as possible—ideally 0%—or structure it creatively with gap funding, seller-held second, or any other method that makes sense.

Our Questions:

✅ Has anyone pulled off a hard money loan with 0% or minimal down on a deal like this?
✅ Any lenders (preferably familiar with Texas) willing to fund the full purchase or with creative terms?
✅ Any gap lenders or strategies you've used to plug the down payment temporarily until the DSCR refinance?
✅ What obstacles should we expect when refinancing from a hard money loan into a DSCR loan if one partner is a foreign national?

This is a strong deal in terms of cash flow and equity. We just want to maximize leverage, move fast, and recycle capital.

If you've done similar deals or know hard/private lenders comfortable with this kind of setup, we’d love recommendations. Open to partnerships or creative structures too.

Thanks in advance for the help! 🙌

Hey BiggerPockets community!

My business partner Rudy (US citizen & Texas resident) and I (non-US resident based in Europe) are buying through our LLCs registered in Texas.

We’ve got a turnkey property under contract for $58K, already rented at $1,890/month with Section 8 Tenants, and appraised at $67K. The plan is:

1. Close with a hard money loan—interest-only, 6–12 months.

2. Then refinance into a DSCR loan once we season it or get a new appraisal up to $75K, allowing us to ideally cash-out or at least refinance the full amount.

Here’s our challenge:
We want to put as little money down as possible—ideally 0%—or structure it creatively with gap funding, seller-held second, or any other method that makes sense.

Our Questions:

✅ Has anyone pulled off a hard money loan with 0% or minimal down on a deal like this?
✅ Any lenders (preferably familiar with Texas) willing to fund the full purchase or with creative terms?
✅ Any gap lenders or strategies you've used to plug the down payment temporarily until the DSCR refinance?
✅ What obstacles should we expect when refinancing from a hard money loan into a DSCR loan if one partner is a foreign national?

This is a strong deal in terms of cash flow and equity. We just want to maximize leverage, move fast, and recycle capital.

If you've done similar deals or know hard/private lenders comfortable with this kind of setup, we’d love recommendations. Open to partnerships or creative structures too.

Thanks in advance for the help! 🙌

 Thanks you so much!!

Eduardo Cambil

Hey everyone,

I'm wondering if something like this already exists in the U.S. — or if this might be a gap worth building for.

Imagine this:
🔹 You drop a property address (from Zillow, Redfin, MLS, etc.)
🔹 In seconds, you get:

• A full property report (condition, comps, rent estimates, taxes, etc.)
• A built-in ROI calculator (cash flow, DSCR, cap rate, rehab budget, etc.)
• Auto-generated PDF summary for investors, agents, or clients
• Works for buy & hold, flips, BRRRR, or wholesale deals
• All done by AI, no need to go through 6+ different websites or tools

💬 Question:
➡️ Does anything like this already exist in the U.S. market for real estate investors, agents, or brokerages?
➡️ Or is this still a fragmented experience that everyone’s piecing together manually with Zillow, Rentometer, PropStream, spreadsheets, etc.?

I'd love to hear from anyone — agents, investors, SaaS founders — especially if you've felt this pain.

Thanks in advance 🙏

— Eduardo

Hey everyone,

I'm wondering if something like this already exists in the U.S. — or if this might be a gap worth building for.

Imagine this:
🔹 You drop a property address (from Zillow, Redfin, MLS, etc.)
🔹 In seconds, you get:

• A full property report (condition, comps, rent estimates, taxes, etc.)

• A built-in ROI calculator (cash flow, DSCR, cap rate, rehab budget, etc.)

• Auto-generated PDF summary for investors, agents, or clients

• Works for buy & hold, flips, BRRRR, or wholesale deals

• All done by AI, no need to go through 6+ different websites or tools

💬 Question:
➡️ Does anything like this already exist in the U.S. market for real estate investors, agents, or brokerages?
➡️ Or is this still a fragmented experience that everyone’s piecing together manually with Zillow, Rentometer, PropStream, spreadsheets, etc.?

I'd love to hear from anyone — agents, investors, SaaS founders — especially if you've felt this pain.

Thanks in advance 🙏

— Eduardo