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All Forum Posts by: Jacob Sherman

Jacob Sherman has started 7 posts and replied 1311 times.

Post: Hard Money Lender that can Close in Three Days?

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

yes can assist with a bridge for upto 24 months if its on market or a DSCR 30 year fixed loan if renting it and holding it

Post: Banks that work with out-of-state investors (Augusta GA)

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

Yes able to assist . Is the DSCR what you are looking for ?

Post: DSCR vs Cash Out Refi

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

For the dscr most are starting to move to 12 month seasnoing but 6 months is still available and very few 3 months or less . When was the property purchased ? 

Post: Conflict between Lenders

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

yes would get a purchase/rehab HM loan and then refinance to a 30 year fixed after the project is complete . Also majority of lenders want to be in 1st and only lien position 

Post: Qualifying for Small Multifamily Loans

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

Its probably going to be a bridge loan when you're first starting out 

Post: Fix-and-Flips During the Holiday Season: Opportunity or Challenge?

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

investors work all year long no matter what season or holiday it is :)

Post: Fix n Flip 70% rule

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

the best place to be is 65% 

Post: Chimney Stack Demo - DIY or Outsource?

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

Would definitely outsource for liability purposes 

Post: Renovate later for less cash flow now

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

delay and collect 

Post: Hard money and or private money loans

Jacob ShermanPosted
  • 12 Penns Trail Suite 138 Newtown, PA 18940
  • Posts 1,380
  • Votes 307

Like an application ?