All Forum Posts by: Ryan Stuckey

Indeed, Longhorn Investments offers 100% LTC if sufficient margin to ARV. Been doing it many years with experience and integrity. Operating in TN and several other states now...

Hello neighbor, welcome....

Check out Longhorn Investments, 100% LTC purchase and rehab financing available, with 5-7 day close...I'm in Ohio and ready to help.

Longhorn Investments has been offering a 100% purchase & rehab model for 15 years and 7000 closed loans, so it's tried and true...Longhorn is reputable and professional (and fast with a 7 day closing)

Need more info: the rate on a DSCR loan depends heavily on credit score and leverage, i.e. a 75% cashout with credit of 700 will have a much higher rate than a 70% cashout with 800 credit.

You can expect 10-13% on a short-term basis depending on credit score, documented rehab experience as an owner-investor, and leverage %. Typically a 12-month term but with no pre-payment penalties, so you can exit earlier.

We're in Ohio, feel free to connect...

Seasoning is relevant when you want to use an ARV-derived value for the loan amount, i.e. cash-out above your costs due to the value-add achieved. But you can get your (purchase + rehab) costs out at the 3-month mark (or even earlier at a higher rate). So just refinance to get out of your hard-money loan without seasoning as early as possible.

Longhorn Investments will fund 100% of PP and rehab (up to 70% ARV on a flip exit). 15 years in business and 6500+ loans so the model works. I'm the loan consultant for Ohio, and can connect you to those in other states.