All Forum Posts by: Marty Johnston

@Marilyn Holloway, PM'd you and sent you an e-mail! Look forward to speaking with you.

Marty J

@Kyle Lauriano

Congratulations on jumping in with, and especially with clear goals in mind! Best wishes on your growth and plans.

Marty J

@Gilberto Watson, Just sent you over an e-mail from [email protected]

I wish you the best on finding the best funding solution for your deal(s)!

Marty J

@Jahleel Vester, Congrats on graduating and jumping into REI! In regards to your plans for getting your first property, Plan A will proof to be very difficult I believe... What you're describing is more so a 'gap funder' which are harder to really come by and at that, they most typically only lend on Non-owneroccupied properties. Since you'll be house hacking it, most won't like that aspect.

THAT SAID! There are major pros to house hacking a property. Since it's a 4-plex, you can still get a residential loan. If this is your first time home purchase, you can come with less down (if you qualify for conventional, as a low as 3%. If you have to go FHA route, it'll be 3.5%. In both scenarios you'll be able to utilize a seller credit towards closing costs up, and a family member (if willing) is also able to grant you a "gift" for the down payment. Between those two things, you may be able to get 100% financing, or very close to. Obviously it all depends on how much you can be granted in both areas.

Just my $0.02! Hope that helps. Seller Financing is of course, another excellent route to go - just sometimes a little more difficult to find in this market that's selling like hot cakes.

Cheers,

Marty J

@Gilberto Watson, I know your first seeking local lenders, and wish you well on your hunt! If you find yourself in a place where they aren't able to offer what you need, I'd love to chat. We work with over 120 lenders and we lend in all 50 states. Would love to give you a quote so at least you know what we could offer you on your deals.

Feel free to shoot me an e-mail at [email protected] or give me a call at 920-285-8900.

Have a great 4th of July week!

Marty J

 
Congrats on joining BP and getting started! I would love to connect with you and see what we can offer on your deals. We do loans with first time rehabbers often which most people feel is the issue, but really it's more so the numbers in the deal - they have to make sense to the lender, AND to you. We're a national Mortgage Brokerage out of PA and do loans in all 50 states nationwide. Give me a call at 920-285-8900 or shoot me an e-mail at [email protected] and I can happily walk you through the process!

Good luck!
Marty J

@Danielle Dunn, It looks like you have your options! If you like options, feel free to email me at [email protected] We work with a pool of 120 lenders and are based out of Blue Bell, PA. Would love to see if we can be competitive! 
Best wishes

Cody,

What kind of development and what is the loan amount? We're a nation-wide CRE Broker with a pool of 120 lenders. Would love to see if we can offer you competitive financing for your project! Shoot me an e-mail at [email protected]

@Kenya Teague, we work with approx 120 lenders nationwide and have a large suite of programs available for deals just like this. Would love to see if we can offer the most competitive rates for your deals. Please e-mail me at [email protected]

Thank you and have a great weekend!

Marty J

@Ben Bakhshi, We work with 120 lenders nationwide and have options for you on this deal. Can you send me an e-mail to [email protected] and we'll let you know your options with us ASAP.

Best Regards,

Marty J