Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Simmy Ahluwalia

Simmy Ahluwalia has started 107 posts and replied 1336 times.

Post: Loan options for commercial retail property

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Sartaj G. - we do a good bit of Commercial CRE lending nationwide, both for owner-occupied and investor. Reach out and we can discuss your loan scenario.

Post: Seller won't accept offer with EasyStreetCapital. Why and what are the options?

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Yanina Panfilenka - that's unfortunate with ESC. I've closed several STR loans with them. If you are seeking a new lender/quote, we are happy to review your deal. We are also ATL based.

Also, is your DTI is high, then you have to Close in an LLC, you can't Close in your personal name.

Post: Looking for some advice on new build creative financing.

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Quentin RCollins - assuming this is a SFH SPEC build? If so, we finance SPEC builds on a regular basis, both single unit and multiple/subdivisions. Happy to chat and provide some guidance.

Post: Potential $3 Million Development Deal

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Eugene Neal - what city/state is this project in?

Post: Hard Money Lender for Manufactured Home

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Eric Davis - we can fund rehab for manufactured homes, but there are guidelines around this.  Please reach out and let's discuss.

Post: Loan Type for 6 plex-building

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Quynh Tran - if you're still looking for quotes, let me know. DSCR will be very important here.

Post: PML for New Construction

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Cynthia Gomez - we may be able to use your flip experience, depending upon the extent of your rehabs and how long ago they were.

Also, credit, liquidity, land entitlements are all going to be very important.

Post: First time multi-family developer financing assistance. (New York City)

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Joshua Mitchell - financing shouldn't be an issue. The roadblocks are going to be your MF/Condo build experience and also liquidity (which I don't know what you have). Even though you've built a SFH and Church, it's not MF.

Will the GC JV with you on this deal (assuming this GC has a resume' of MF builds)?

Post: Lender for Florida villages purchase

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Bo A Vanecko - this is for your Primary residence purchase, correct?

Post: Which company to use for DSCR loan?

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,579
  • Votes 186

@Elvin Luccon - work with a broker like myself. We originate DSCR loans on behalf of 10-20 different dscr lenders.