All Forum Posts by: Simmy Ahluwalia

Please send OM or whatever you have - [email protected]

@Jerry A. - we can quote you on this.  Contact info is below.

Adam, will you have a tenant/lease in place to cover the debt service of the new loan?

Lenin, happy to discuss options for you on the HML need.

@Jacob Washburn - yes, reach out.  Email is below.  Same for you, @Stephen Gambrell

Yes to DSCR, all the way. You can have 1,000 properties in your Portfolio, and it won't impact your personal credit score or personal DTI. However, you MUST always close in an LLC moving forward. This is for both tax and liability purposes. In fact, if/whenever you refinance your current 3, refi them into an LLC.

Yes to DSCR!! Close in your LLC.

@Edgar Rodriguez - max leverage on purchase of an STR is 80%. Points vary from 2-3, and rate varies from mid 7's to mid 8's fixed for 30 years.

What's your budget?  Are you liquid for a 20-25% down-payment for a Duplex?

Hi Jenny, yes, 30 year fixed loans for Multifamily are certainly available, and it depends upon the total number of doors.  If you have a particular scenario on mind, we can chat about it.