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All Forum Posts by: Jason Wray

Jason Wray has started 22 posts and replied 2333 times.

Post: Cash out refinance 80 ltv in philadelphia

Jason Wray
Posted
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  • Posts 2,424
  • Votes 1,392

Chris,

Send me an email or go to my website that is my specialty!

Post: STR Partnership (Vacation Home Loan Qualifications)

Jason Wray
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  • Votes 1,392

Logan,

I am here in sunny FL and 2nd homes and STR's are blowing up over the last two years! I am on the Gulf side by the beaches and there is a lot of opportunity to invest. I think that buying a second home is a great idea and feel free to reach out to me I would love to help! I know the gulf side very well and have some great connections as well as offer fin.

Post: firs time buyer in california

Jason Wray
Posted
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  • Posts 2,424
  • Votes 1,392

Henry send me an email I can help you with that ITIN

Post: First time home buyers loan

Jason Wray
Posted
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  • Posts 2,424
  • Votes 1,392

Dillion,

Sounds like your in a good position.  Reach out to me lets connect and I would also like to offer some options.  Send me a quick email.

Post: My first rental in south Florida... MAYBE?

Jason Wray
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  • Votes 1,392

Melanie,

I would love to be part of the process and I can offer some help with the options in regard to financing.  I always encourage "kicking the tires" comparing options and "Apple to Apples".  Send me an email.

Post: Dayton, OH Area First Time Homebuyer / Investment Property

Jason Wray
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  • Posts 2,424
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Baylee,

Reach out to me via email and i will get you started and ensure you understand your options.  We can talk about getting the numbers and pre-approval for the best program.

Post: Looking for a cash out Refi on Free and Clear Rental

Jason Wray
Posted
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  • Posts 2,424
  • Votes 1,392

@Chris Wolfe @Pablo Espin  There are programs that can take care of that with good terms.  Chris and Pablo would you mind sending me an email so I can get the full scenario and go over options.

Post: Looking for a lender on a 4-plex

Jason Wray
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  • Posts 2,424
  • Votes 1,392

@Hunter Crowder

Feel free to send me an email there is a way to get all (3) but would need more information.

Post: HELOC or Hard Money Loan

Jason Wray
Posted
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  • Posts 2,424
  • Votes 1,392

Jessa,

Your better off using the equity of the primary and doing a cash our refinance.  That way your getting a lower 30 year fixed rate and keep the payment affordable with no prepayment penalty or adjustable rate.  Take out enough cash to put 15-20% down on two home rather then just buying one.

Post: Supply increase coming

Jason Wray
Posted
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  • Posts 2,424
  • Votes 1,392

There is a storm brewing....and home prices will fall in many places once the forbearance mortgages come due.  You have to use the (4) month benchmark because it takes (120) days for the Lis Pendens to be filed to start the foreclosure process.  CARES Act ends this month.  So there will be a good number of households that will not be able to make the payment required.  Fast forward (4) months Feb 2022 through year end will cause a downward spike in these inflated prices.

Prices are already coming down in certain areas along with more inventory.  That just means more rental properties will be coming up for sale and more renters in need of a rental home.  Take your cash out now before these prices adjust down...