All Forum Posts by: Account Closed
Account Closed has started 1 posts and replied 25 times.
Post: Help figuring out a lending issue for deal w/multiple buildings
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
Post: Looking for a portfolio lender to refinance in Florida.
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
I'm not aware of any at that LTV. Max 75% is more common
Post: Looking for 30-year loan in NC
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
@Dan Travieso I work for an asset-based lender and would be happy to discuss options we provide.
Post: Blanket Loan advice on 9 properties
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
Ben- this type of situation is something we see often. With this size of a deal we may be able to reduce your out-of-pocket expenses. I'll private message you.
Post: Commercial Multi-Family Brokers in Eastern PA
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
Hi Mario, I've messaged you some info about this. We can do these deals and are a leader in this space.
Post: Lending options for Canadians/foreigners investing in the US
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
@Paris Haase - I would not be able to assist you with this. We only lend on residential income-producing properties (SFRs, MFRs, condos & townhomes).
Post: Lending options for Canadians/foreigners investing in the US
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
We lend to Canadians and other foreign nationals. Feel free to reach out for more info!
Post: Shy Private Lenders
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
Hi Jon,
Feel free to contact me, this is something CoreVest and I can accomplish for you now.
Post: Investment financing for Canadians
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
We lend to non-US citizens but are capped at 65% LTV for rental loans. I would be happy to discuss further! Feel free to DM me.
Post: Funding after 10 personal loans?
- Rental Property Investor
- Irvine, CA
- Posts 33
- Votes 15
@Andrew P. @Aaron Smith @Tim Greenfield @Jassem A.
One of our originators wrote an article about this a few weeks back on this exact topic.
https://www.corevestfinance.com/commercially-structured-loans-for-real-estate-investors/
"To reset this limit, blanket mortgages wrap all of an investor's residential assets into one commercial loan that will be held in an LLC vs. 10 or more different residential loans – thereby wiping the 10-count from their personal credit report and setting it back to zero. This enables investors to obtain additional loans from Fannie or Freddie."
Happy to discuss further if any one is interested!