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All Forum Posts by: Emanuele Mayer

Emanuele Mayer has started 0 posts and replied 35 times.

if the building is 10 units or less we have an easy loan no need to show income, easier.

Post: ITIN number .

Emanuele MayerPosted
  • Lender
  • Posts 40
  • Votes 6
Quote from @Horacio Vazquez:

Ok. Thank you. I will mention that to him.

Hi has 2 years working all ready,but because he turned 18 last June, he is starting to a stablish his credit.

Thanks again.

FOR A DSCR LOAN HE DOES NOT NEED TO SHOW INCOME


Vary by many factor and those factor are:

Credit score, downpayment, DSCR ratio, prepayment penalty.

Post: When to refinance?

Emanuele MayerPosted
  • Lender
  • Posts 40
  • Votes 6

Hello Sam i'm a local loan officer we are currently running a promotion for refinance a FHA or VA loan, if you this type of loan and refi with us you can get 150 point off and will be worth to refinance now. If you have a conventional you can refinance with us and if you use our escrow company you can get 80 point off. Message me if you want to go over your scenario

i know someone who does Gap lender for fix and flip and other deal, massage me if you want me to put you in contact with them

Post: Looking for rental property

Emanuele MayerPosted
  • Lender
  • Posts 40
  • Votes 6

This is a great step to financial freedom, i would said what really change my game is using an investment loan that allow me to buy property that generate cash flow without have to show my income.

Post: ITIN number .

Emanuele MayerPosted
  • Lender
  • Posts 40
  • Votes 6
Quote from @Horacio Vazquez:

Hi, I want to star buying or buy a first house whit my son that is 18 years of age. He is citizen and I only have my ITIN number. So any advice on how can we star on asking for a mortgage loan and thinks to avoid in starting investing on properties.

Thanks

Hola Horacio, I have an investment loan where you son can apply using his social and he can buy an investment property without showing income.


Post: Payoff HELOAN used to buy rentals?

Emanuele MayerPosted
  • Lender
  • Posts 40
  • Votes 6

Hello Jonathan if you investment property gained equity would be a good idea to cashout refi those and pay off the Heloc, of course we have to check the scenario and analyze your specific situation. 

Hello Gustavo the standard Prepayment penalty for DSCR is 3 years but it possible to do 0 years.