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All Forum Posts by: Omar Assaf

Omar Assaf has started 0 posts and replied 2 times.

Private Lending & Conventional Mortgage Advice

Post: Lender that will use only my W2 income and not my business

Omar AssafPosted
  • Posts 2
  • Votes 2

i would recomend a DSCR loan if it cash flows. rates are somewhere around 7-9%....alittle more than conventional financing but atleast you would get into the property.

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Lien positions for a property

Omar AssafPosted
  • Posts 2
  • Votes 2

will investor be giving you this money as debt? or will they a partner with you?

if they are giving this money to you as debt. it will be hard to find a lender that can help. but if the investor is partner and will also be on title, this deal could possibly work. i would ask your loan officer. 

2 Votes