All Forum Posts by: Sloane Kraftsow

Welcome to the BP community! This site is an incredible platform that has numerous resources so definitely take advantage of it all. I'd love to get you started with your first rental property. I am from Florida and have a couple tampa realtors to connect you with. 

Would love to connect.

Welcome to the BP community! This site is an incredible platform that has numerous resources so definitely take advantage of it all. I'd love to get you started with your first rental property.

Would love to connect.

Welcome to Bigger Pockets Edwin

Serve clients looking to purchase turnkey investment properties?

EasyRent is Easy Street Capital’s industry-leading lending program that offers quick, light- documentation and hassle-freeloans for turnkey real estate investors, ranging from experienced portfolio builders to novices looking for their first investment property.

Our groundbreaking Real Estate Agent Loan Referral Program forges partnerships with real estate agents nationwide to connect buyers to reliable low-rate financing to help them quickly and confidently submit offers and win deals.

Easy Street Capital offers uncapped and unlimited referral fees both to supplement your commissions on closed deals and increase reliability financing will come through at close. You will make 0.50% of the loan amount of each closed loan – a simple handoff (no extra work) – to one of our experienced loan originators. With our average loan size of $500,000 – agents can expect an extra payout of $2,500 per loan.

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Hi Lorrett! I'm delighted to inform you that Easy Street Capital is a reputable lender with a strong presence in Georgia. We have many projects in the Metro Atlanta area, making it an ideal location for your real estate endeavors. I would love to connect with you. 

Serve clients looking to purchase turnkey investment properties?

EasyRent is Easy Street Capital’s industry-leading lending program that offers quick, light- documentation and hassle-free loans for turnkey real estate investors, ranging from experienced portfolio builders to novices looking for their first investment property.

Our groundbreaking Real Estate Agent Loan Referral Program forges partnerships with real estate agents nationwide to connect buyers to reliable low-rate financing to help them quickly and confidently submit offers and win deals.

Easy Street Capital offers uncapped and unlimited referral fees both to supplement your commissions on closed deals and increase reliability financing will come through at close. You will make 0.50% of the loan amount of each closed loan – a simple handoff (no extra work) – to one of our experienced loan originators. With our average loan size of $500,000 – agents can expect an extra payout of $2,500 per loan.

Sign Up To Learn More

Welcome to BP, Ryan!

Hi Chris! I work for a company based in austin and just moved from ATX to NYC last week, but always love to see Texans on this site. I would love to connect with you.

Welcome to BP - it sounds like you are well on your way in real estate investing and are taking all the right steps. Regarding your loan options, your main choices will be to go "conventional" again (traditional Fannie/Freddie Loans) or towards "DSCR Loans" as you grow your portfolio.

Generally, if you still qualify conventional, that route makes sense as this will be the lowest rates and fees. However, you will need to qualify with W-2 income, DTI calculation and a lot of hoops.

Many people move towards "DSCR Loans" as they grow their portfolio and no longer qualify (or want to deal with the slower speed and hassle of conventional). These loans are going to be a bit higher in rate / points (generally 1% higher or so) but have a lot of advantages such as easier qualification (no W-2 required, no DTI or income verification), allow for borrowing through LLC structures, don't show up on your personal credit report, etc.

Here's a helpful article on BP on this loan product

DSCR Loans: What Are They And How To Get The Best Terms

https://www.biggerpockets.com/...

Any reason you are looking to do a cross collateralized loan instead of single asset loans for these new properties? Crossing state lines on a blanket loan, especially for this size, is probably too much of a headache for most lenders.