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All Forum Posts by: Simmy Ahluwalia

Simmy Ahluwalia has started 107 posts and replied 1332 times.

Post: Fix and Flip - Monthly Payments Rolled into the Loan

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@James Thomas Richard - we do have fnf programs where we can defer payments to the back of the loan, but we'd need to understand your flip model in more detail.  Reach out and let's chat.

Post: Heloc or Cash out needed in GA

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@Xiang J. - we are ATL based and can provide you with a quote on the cash-out.  Reach out.

Post: Seeking lender for short term stabilised bridge min. 80% LTV

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

Depending upon your numbers, yes.

Post: Seeking funding for a Real Estate development Project

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

What kind of project?  If you have built similar projects before, have a LOT of cash on hand and the permitting is in place, we can look at it.

Post: Seeking lender for short term stabilised bridge min. 80% LTV

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@Magnus Wikström - we can quote you as well.  [email protected]

Post: Looking to build 2 homes on lots we own.

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@Edward Lutsyk - if you are still seeking financing quotes, we're happy to price this out for you.  [email protected]

Post: Sandy Springs, Brick Ranch Sandy Springs GA (NOT IN MLS)

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@Robin Bogin - I'm ATL based. Please keep us in mind with any clients seeking fix/flip financing. We can offer 100% up to 70% of ARV.

Post: Need capital/subordinate debt on 30+ unit apartment complex

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@Greg Petrino - we can look at this.  We do offer mezz or 2nd's, but need to understand your loan scenario better.  Are you bringing $600k to the table?  Let's chat.

Post: 30 year Mortgage

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@Shak F. - check your existing loan pre-payment penalty first, otherwise, yes, it can be done.

Post: Small Residential Property Loans without Personal Guarantee

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,575
  • Votes 185

@Przemek Kos - actually, this NR product does exist.  Minimum loan amount is $500k for this type of Portfolio Loan.  However, I believe there are minimum property values to qualify.