All Forum Posts by: Simmy Ahluwalia

Have 2 off-market LTR's (both rented) selling at a discounted price. New builds in 2021; One in Toney, One in Huntsville; Firm Price on Toney $280k (rent $2k), value $320k+; Firm Price on Huntsville $300k (rent $2,350), value $350k+

Serious inquiries with capable Buyers please.

DM for Addresses

@Joe Castro - we've financed a couple of parks, and yes, they certainly are different when comparing POH to TOH.  Happy to chat.

@James Boonstra - let's chat.  I secure the debt for SPEC developers, and am working on a couple of small subdivision projects right now (B2R).  Our groups specialize in ground up construction, so let's see if we can make something work.

@Lauren Berryman - reach out with your loan scenario for CA.

William, do you currently own this asset?

@Jamiu Omananyi - we often come across off-market STR's mostly in the N. GA Mountains, but also in the Florida markets you mentioned. Reach out with your contact info, and as I see them, I can pass them on. We also finance STR's.

@Joseph Rickard - yes, dscr loans are available for Rural locations.  Lower leverage, but available.  Reach out and we can review the property and loan scenario.

Yes, Huntsville is becoming a hot market for both Resi and Commercial developments.  I work with builders looking for solid deals in this market.

@Sebastian Robles - let's connect.  As a lender, we work with a lot of local investor-agents, and obviously we can help with the 203k.  We finance a lot of fix/flips, dscr, ground up and commercial (not just ATL, but nationwide).

@Kevin Laddon - you can definitely cash-out more with a higher LTV. Rate will be probably .5 .75 bps higher.