All Forum Posts by: Jonathan J. Miller

If you are buying in your home state you are going to get your best deal from a conforming Fannie/Freddie bank or mtg company but 21-30 days is as fast as that will ever happen.  Your rate will be between 4.5 and 5.5 most likely and max ltv will be 75% on a non owner occ.

Soft, hard , or private money is going to be the best bet for what you are requesting. The LTV ranges from 75-90 of purchase price with up to 100 assistance on the rehab side if you need it. The more you put in the pot the more agreeable the terms sill be. If your asking for 90% ltv purch and a high % of rehab assistance it will be more expensive. The upside is your cash flow stays intact and you can close in 7-10 Business days.

I hope this info was helpful,

~Jonathan

Welcome Ryan.  i am sure your knowledge and expertise will add to the existing wealth of knowledge already here.

~Jonathan

Hi James, Welcome to Bigger Pockets!

We work with multiple lenders that offer 65-80 LTV additional with Mezz financing. Of course the variation in risk per the LTV's puts interest rates in a range btw 5-8 percent. I understand your question but to get hard numbers we would need to look at a specific scenario and the amount you want to invest into the acquisition.

Good hunting

~Jonathan

Yes we can assist you with this.  Get in touch if you would like to talk further.

None of the other siblings have power of attorney?

I am pretty sure you cannot move forward without dealing with this issue.

Hi Gary we can portfolio these for you into one loan.  Rate will be higher though and you could pull some cash out if you like.  Get in touch if your interested.

We for starters we can do much better than the hard money numbers you listed.  PM me if you would like to talk.

We work with 3 or four that may be able to offer you what you are looking for  PM me if you are still in need.

~Jonathan

I can put you in touch with my Agent out there.

James Crawford