All Forum Posts by: Simmy Ahluwalia

 Ok.  We are happy to get you a quote if you want one.  Reach out.

Our CRE Mortgage brokerage excels at Construction Financing. Here are a few recently Closed Loans in the Atlanta MSA (but we originate nationwide):

1.  1.7M for Ground Up Co-Living product (21 bath, 21 bed) with Rooftop deck 

2.  $900K Construction Completion for Luxury SPEC Home

3.  $600k Bridge Loan on SPEC home with CO

4.  $1.9M Ground Up for another Luxury SPEC Home

Contact Us for ANY type of Residential or Commercial Investment Financing.  www.SimsCommercialloans.com

 Shivani, correct.  Regardless of the type of loan/lender, they almost always need to be in 1st position.  So, if you use a hard money loan to purchase/reno, then you refinance out into long term debt, if you decide to hold.

Yep, depending upon your LTV, 7%-ish is doable. Reach out.

@Taz Zettergren - Yes, NR loans are available for 401k or IRA accounts; however, several guidelines apply. Reach out if you would like to learn more.

@Gilles D. - we do offer a 3 year fixed, fully amortized note; however, I need to check on the NRA guidelines.  Send me the address of the property and the existing rental income.

Praveen, reach out if/when you want a quote and/or discuss strategies.

What is your current horrific rate?

@Zane Cress - we are ATL based, and can close pretty quickly IF we like the deal.  Feel free to reach out.

@Hemanth Grandhige - I'm in Dunwoody. Happy to chat any time. You can also purchase other properties with 80-85% LTV, thus minimizing your down-payment from the aforementioned 30%.