All Forum Posts by: Simmy Ahluwalia

@Amy Konopka - Let's connect.  We have "social impact/community" based financing, and especially in CA.

@Bien Nguyen - let's connect. We are ATL based, finance STR's, GA licensed, and often come across off-market STR deals in N. GA (Helen, Blue Ridge, Hiawassee, etc...).

@Trent Blackwill - we have some strong fix/flip (up to 100% on purchase/reno) for the Kansas City Market.  Contact info is below:

@Elenis Camargo - we are ATL based and have some strong fix/flip programs for the Augusta market.  If you need any additional quotes on the financing piece, we're happy to help out.

Sunny, we originate/lend nationwide.....look at our website below.

Hi Dennis.  We are ATL based, and can certainly help you with the financing piece; however, you're going to have to significantly relax your buy-box parameters, as you'll be waiting a long time for exactly what you are looking for, lol.  What you are looking for is a unicorn deal, and even if they do come available, the experience investors will gobble them up in minutes.

Stephanie, I'm in the ATL, and work with a LOT of wholesalers who have product south of 285.  DM me your email address.  We are a licensed brokerage as well in GA.

Angela, that's great with the small multi. If you aren't getting any traction with credit unions, then consider our DSCR lenders for STR. Yes, rates are high in the 8's now, but unfortunately, that's the market we are in. But, real estate doesn't stop because the rates are high:)

From what I'm hearing/reading, they might be underwriting this dscr loan as a conventional loan. Not sure who the lender is, but sounds like this loan will impact your personal DTI, is this correct? If so, for future reference, you should work with DSCR lenders whose loans don't report to the personal credit bureaus, and thus negatively impacting your DTI.

@Mason Liu - yep, you don't want to mess with your 1s position debt if you have good rates right now. Have you asked the seller/seller's agent about any owner financing? What is your current LTV based on the debt you owe and the value of your property today?