All Forum Posts by: Nicholas Ruscio

Hi Jose, 

Great question! Using a HELOC for investment purposes, such as funding a down payment on an investment property, might be viewed differently by lenders. This is because investment properties carry more risk than a primary residence. Lenders might be concerned about your ability to manage both your primary residence and the investment property, especially if you're using debt to fund the investment.

We specialize in providing loans for rental properties and HELOCs. Please feel free to reach out if you have a specific property in mind.

Thanks, 

Hi Alina, 

We specialize in providing loans for investment properties and are connected to a wide variety of realtors. Please feel free to reach out with any questions or if you have a specific property in mind.
Thanks,

Hi Kate, 

Welcome to Sarasota! Happy to hear your have used RE investing to escape the dreaded 9-5. Our expertise lies in offering loans tailored for rental properties, and I'm well-connected with experts in the field of flood insurance. Feel free to reach out if you need any insights or assistance regarding either of these areas.

Best regards,

Hi Alec, 

Atlanta is a hot spot tight now. We specialize in rental/commercial loans both purchases and refis. If you have any questions about a property please feel free to reach out. 

Hi Vince, 

For hard money loans you should expect rate of 10-13% with 90% loan to cost. If you are interested in a specific property please feel free to reach out.

Thanks, 

Hi Keith! 

Welcome to BP! Fix and flip / refinance loans are our specialty. What is your typical exit strategy for these properties. Do you hold and rent? 

Thanks, 

Hi Brandon, 

I'll certainly keep you in mind and if you ever have any questions or need insights related to loans or financing options, please don't hesitate to reach out.

Wishing you all the best as you build your investment portfolio and forge valuable connections in Cleveland

Hi Donald
Expanding your real estate portfolio and refinancing your rentals into an LLC is a strategic move that can offer benefits. Here's a potential approach that might align with your plans:

1. Debt Service Coverage Ratio (DSCR) Loans: As you're venturing into real estate investing and considering financing options, exploring DSCR loans could be advantageous. These loans focus on the property's ability to generate sufficient cash flow to cover the debt payments, rather than solely relying on your personal income. This can be especially beneficial when you're looking to scale your portfolio while managing your own personal finances
   .
2. Cash-Out Refinancing: Refinancing your existing properties and pulling out equity to invest in additional rentals is a smart strategy. Cash-out refinancing allows you to leverage the equity you've built to access funds for new investments. This can provide the capital you need to seize promising opportunities and grow your portfolio.
   
   Please feel free to reach out if you would like to discuss further. I can help look at a specific property with you if you would like. 
   
   Thanks, 

Hi Isabel, 
Welcome! Ill definitely keep you in mind when working with clients in the Houston market. Please let me know if you have any questions regarding commercial or residential loans. Best of luck! 

Hi Ryan, 

What a cool opportunity! Would this property be used as a short term rental since its close to the slopes? 

We specialize in providing loans for rental properties. How do your friends rent the property (Air BnB)? Do they have any data to back these rents? 

Please feel free to reach out and I can help dive deeper with you! 
Thanks,