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All Forum Posts by: Simmy Ahluwalia

Simmy Ahluwalia has started 107 posts and replied 1338 times.

Post: Seeking HELOC Lender for My BRRRR Investment in Atlanta

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Kain Kim - reach out. We are ATL based. My partner can help with the HELOC on your Primary.

Post: Atlanta New Construction Partner

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Tao Tang - let me know if you are still looking.  We finance luxury SPECS and closed one recently in downtown Alpharetta.  This will be a $3M finished home sales value.  But, we do work with GC's who build luxury SPEC homes for sale.

Post: House Hack Property in Atlanta, GA

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Noah Waldron - hey, pls. shoot over the details.  I'm in Dunwoody, so basically next door to Chamblee.  Email is in signature.

Post: Financing for 7-Unit Acquisition

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Daniel Pugh - one of our private lenders is in the Chicago MSA.  We can certainly look at this deal for you.  Reach out.

Post: CO Living MTR

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Jason Tucker - your concept is very similar to one we just completed the financing for.  It's a 21-unit co-living new construction build in Midtown, ATL.  All units are 1/1, and will be fully furnished.  Tenants just bring themselves and their clothes.  We plan to construct several of these around the ATL market.

Post: Rental Property Investing from outside the US

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

Gautham Bhai, we offer this service for Desi investors.  Connect with us, and we can show you how to get Foreign National financing.

Post: Seeking loan on commercial property for renovation

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Margaret Branch - we are ATL based.  Happy to chat with you about this.  

Post: Looking for lender to acquire MFH in TN (through LLC)

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

If you don't want your Personal DTI impacted and loan reported to the credit bureaus, then our DSCR loans will be the way to go. We UW strictly based on the rental income coming in. Up to 30 year fixed, with even up to 10 years I/O on the front-end.

Post: Looking for a lender to purchase a 3-4 plex in LA

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Mike Day - yes, you need a DSCR loan here where we use the property income to qualify the debt piece, and close in an Entity. Happy to look at the deal and quote.

Post: Lender for BRRRR

Simmy Ahluwalia
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,581
  • Votes 187

@Archimedes Jao - We can finance STR's in DE. How long have you owned/operated the property?