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All Forum Posts by: Melvin List

Melvin List has started 11 posts and replied 1088 times.

Post: New to US passive RE investing, from canada!

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

@Abu S Syed What Questions do you have about DSCR mortgage loans?

Post: Mortgage Rates as an Out of Country Investor

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

@Natasha Rooney rates will also be different depending on if you have Credit or not. Happy to answer any questions you may have. 

Post: Introduction from Orlando Florida

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

Welcome to BP!

Post: FHA Loan Question

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

Agreed. You should be fine as long as your not renting out your primary residence.

Post: FHA Streamline to reduce mortgage interest rate Scam or real?

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

@Jonathan Beaty at the time of the post the rates were about .75% better. You should still be able to get in the mid 5's. 

Post: Looking for a mortgage broker

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

@Ivan Castanon how many units?

Post: 2nd home/vacation mortgages available at 10%?

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

I would maybe try and broker in your area. They should have access to a 10% down mortgage loan for a second home.

Post: Looking for lender that does cash out refi. 90% LTV and favorable terms

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

You can now do a primary residence and cash out to 89.99%.

Post: Refinance at 90% LTV

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

You can now do a primary residence and cash out to 89.99%.

Post: Mortgage Rates Are Dropping - What Is Your Strategy?

Melvin List
Posted
  • Lender
  • Tampa, FL
  • Posts 1,160
  • Votes 379

@Joseph Coleman yes when you originally posted this. Rates have gone up slightly since the original post

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