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All Forum Posts by: Josh Green

Josh Green has started 21 posts and replied 354 times.

Post: Do Portfolio Lenders Still Exist?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

@Nick Belsky

Mind if you share those FL specific laws?

Also, how close do you mean by other lenders? I am open to maybe 90 ltv.

Post: Portfolio Lenders still exist?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

@Kevin Romines

You've taught me more in that 2 min read than I've learned speaking to at least 20 different lenders. Thank you very much, I recognize an expert when I see it 👍🏼

Post: Portfolio Lenders still exist?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

Are there still licensed portfolio lenders in FL that are experts in the residential multifamily zoned property space? What I mean by that is someone who can do:

-low down (<5%)

-low interest, 30 yr fixed

-no MI (ideally, spends on rate)

-loan size $300-550k

-not FHA! Nonconventional lending.

-owner occupant, 2-4 unit multifamily zoned

Just want to see if my expectations are realistic or not. Do they exist?? I have come into contact with 1 or 2 in other states but it seems less prominent here in FL?

Let me know what your thoughts are on this 🤷🏽‍♂️

Post: Portfolio lenders still exist?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

Are there still licensed portfolio lenders in FL that are experts in the residential multifamily zoned property space? What I mean by that is someone who can do:

-low down (<5%)

-low interest, 30 yr fixed

-no MI (ideally, spends on rate)

-loan size $300-550k

-not FHA! Nonconventional lending.

-owner occupant, 2-4 unit multifamily zoned

Just want to see if my expectations are realistic or not. Do they exist?? I have come into contact with 1 or 2 in other states but it seems less prominent here in FL?

Post: Do Portfolio Lenders Still Exist?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

Are there still licensed portfolio lenders in FL that are experts in the residential multifamily zoned property space? What I mean by that is someone who can do:

-low down (<5%)

-low interest, 30 yr fixed

-no MI (ideally, spends on rate)

-loan size $300-550k

-not FHA! Nonconventional lending.

-owner occupant, 2-4 unit multifamily zoned

Just want to see if my expectations are realistic or not. Do they exist?? I have come into contact with 1 or 2 in other states but it seems less prominent here in FL?

Post: Should I wait for 'the crash' before I buy my first property?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

@Giselle Black

Time in market > timing the market

Stocks and real estate alike

Post: Anyone know of portfolio lenders?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

@John Leake

Are commercial brokers local commodities or national? Appreciate the tips! I'll get to calling around for commerical brokers.

Post: Anyone know of portfolio lenders?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

@John Leake

Hey trying to do this and no luck still. Are you calling or emailing them typically? These firms don't usually post the individual's contact info from what I've seen...

Post: Alternatives to FHA for low down multifamily purchases

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

@Frank McGovern

Hey I've reached out to a ton of brokers and still haven't found anyone that knows or can do this kind of financing. Have you personally used a loan such as this or know anyone who has?

Post: Anyone know of portfolio lenders?

Josh Green
Posted
  • Realtor
  • Tampa/St Pete/Clearwater, FL
  • Posts 377
  • Votes 341

How did you find a portfolio lender that is able to do non conventional financing such as low down, low interest on owner occupant multifamily zoned properties? Please only share if you've actually found and used a lender like this or are one 👍🏼