All Forum Posts by: Simmy Ahluwalia

One option is to take a 2nd on both properties.  Not cheap, but rates range 11-13%, amortized over 30 years, but also come with no pre-pay penalty.  You get to keep your low 1st position note rates.

Not a problem with us.  We can finance Condotels (non Agency loans).  Email is below, you can send us all of the information for a quote.

Snehal, email me, and I'll provide you with some recommendations.

What city/town are you investing in?

Hey John, let's chat.  We're a Commercial Mortgage Brokerage based in the ATL, and we also source properties for our investor base.  Reach out and let's see how we can help you out.

Churches are tough, but doable.  Depends upon a number of factors, inclusive of plate income, expenses, Pastor credit, liquidity, etc.....happy to discuss.

You can get creative with Seller financing.  For example, you have a $1M purchase price of a MF asset; 1st position lien at 65%; seller 2nd at 20%; and you bring the 15% cash down plus fees and closing costs.

Hi Mauricio, happy to chat about your HML needs. Are CA, NV and AZ your primary investment markets? Feel free to reach out: [email protected]

Actually, with experience, up to 100% is available (70% of ARV). This is a FULL DOC file, with personal guarantees by yourself (and your spouse). Rate and fees are a little bit higher (obviously) since the lender is taking all of the risk.

We offer referrals to realtors for INVESTMENT financing only, residential or commercial; HOWEVER, you can't double-dip.  

If you have agency representation on the deal, your client is going to need financing regardless to Close.  If it's a simple referral for a client needing financing and you have NO agency/fiduciary relationship in the deal, then yes, we can work with that.