All Forum Posts by: Jason Park

@Jordan Blanton

Hey Jordan

I would look at it from multiple angles as real estate investing is multidimensional

As it depends on your situation I would lean towards cash flow today. I also say that because as the property appreciates you can always refinance the loan to gain more cash flow or cash out etc..

Rarely have I seen investors hold their loan for the full term.

Cashflow today is certain (from what you mentioned) appreciation may not always be guaranteed and as mentioned above you can always take advantage if appreciation does occur in the future

Hope this helps and lmk if I can assist you any other way

@Katie Van Koooten

Hi Katie! Depending on the amount of equity you have along with the cash flow that is existing right now, perhaps looking to do a cash out refi to capture some of that equity, keep your property and tenants in place?

We have a DSCR product that does 75-80% cash out or maybe even creative financing to other investors depending on what you're looking for.

Hope this helps and lmk if I can assist in any way!

Hey Ryan,

Congrats on the success on your first invesment! I am local to the DMV area so I would gladly help. We do lend in this area but 100% with no reahab seems uncommon. Most private and hard money lenders lend 80-90% LTV and cover 100% construction cost with around 2-4 points.

Reach out if you need any help or have any additional questions! Good luck!

Hey Michael, 

D1 athlete and investing as a 21 year old! what a stud! My advices would be to look into hard money loans as it would give you the most flexibility. I have not dealt with this in the past, but i know fellow investors who have had money partners put in for the down payment and given the money partner a return on their partnership. I've also seen a full 50/50 partnership. 

Also remember that partnerships can be amazing, but tricky at the same time. I would ensure that the contractual agreement before the start of the partnership is hammered out in detail! 

Happy to help and let me know if you need anything!

Hey Mark, 

Congrats! I am located here locally in northern VA so would happy to help! It seems like a fix and flip loan would make most sense as it wraps construction cost into the loan. As an investor this allowed me to scale quicker having that flexibility and not needed to put down cash for construction (I can tell you about my first flip)

Happy to help! please let me know if you have any questions!

Hey Inga,

I have seen in the past typical seasoning periods to be 6 months, I have seen it as low as 4. Currently, we have a product that have zero seasoning period! 

Also, your small local banks may be a good options; however, they usually go into a 5/25 ARM products.

Happy to help if you need anything else!