All Forum Posts by: Johny Omaga
Johny Omaga has started 10 posts and replied 63 times.
Post: Low Credit Score? Tips for Getting Approved for Hard Money Loans
- Posts 77
- Votes 32
If possible, consider partnering with someone who has a higher credit score or stronger financial position. This can enhance your application and improve your chances of securing a loan.
Post: First time borrowers
- Posts 77
- Votes 32
Maintaining good credit for favorable terms, larger down payments for better rates, managing debt-to-income ratio, comparing interest rates and loan types, projecting cash flow, understanding property preferences, exploring loan programs, maintaining financial reserves, planning an exit strategy, and seeking professional guidance.
Post: Interested in a Private Money
- Posts 77
- Votes 32
Quote from @Andrew Carson:
Sioux City, IA / Sioux Falls, SD (Mostly SC though, where I reside)
dm me!
Quote from @Gabriel Perez:
We are under contract on a property with amazing upside. We have it under contract at $112k. ARV is around $200-250k. It needs electrical. Haven't decided on STR or LTR. Who should I speak to for lending?
Hey gabriel, i would be interested in funding your fix and flip as a private lender. dm me the details!
Post: Under Contract - Finance options on a 4-plex
- Posts 77
- Votes 32
Quote from @Hitanshu Shah:
Hi All
We are under contract on a 4-plex and I am shopping for Loan options. The purchase price is $415 K and we can put 20% to 25% down. Few brokers have recommended a 5 year Balloon loan but I want to explore the best option available in the market currently.
Thanks
Hi Hitanshu is the 4 plex in new york?
Post: Interested in a Private Money
- Posts 77
- Votes 32
Hi Andrew, I am always looking to Jv, What market are you in?
Post: Refinancing options on flip we want to keep
- Posts 77
- Votes 32
Quote from @Franklin Graves:
My partner and I used hard money to buy property and have about 180k in house so far. We need additional 50k to Finnish house and estimate conservatively it will be worth 350k, I think it will be closer to 420k. What type of lending options are out there to get additional 50k and refinance home?
Hi Franklin, i can help you fund the rehab. dm me the details. thanks
Post: DSCR Lender for commercial property
- Posts 77
- Votes 32
Quote from @John Cardinale:
Quote from @Joseph Chiofalo:
Hi John,
Where is the property located? Any specifics of the transaction you can share?
JC
Sorry just read this, i can fund your rehab if you still need it. dm me the details.
Post: DSCR Lender for commercial property
- Posts 77
- Votes 32
Quote from @John Cardinale:
Good afternoon, I'm looking to make contact with a lender who can help with a DSCR loan for an 11 unit property. feel free to dm me. thanks
Hi John, is it already stabilized or are you needing to rehab?
Post: Best lender for building loan
- Posts 77
- Votes 32
Quote from @Rahul Garg:
Hello
We own two lots from our own money in Miami. Want to start building the houses now but looking to get a building loan rather than tie up our own money
any suggestions on who is a good lender in the area for a building loan?
Thanks in advance!
Hi rahul i would be interested in funding your project if your land is already entitled. DM me the details.