All Forum Posts by: Scott Wolf

When financing your flips, do you focus more on getting the lowest interest rate or avoiding upfront points?

I recently spoke with an investor who takes a 6-month loan at 16% interest with no points because he consistently flips in 3 months or less. Even though the rate is higher, he avoids the 2 points ($4,000 on a $200K loan) that come with lower-rate loans.

By closing out the loan early, he only pays $8,000 in interest versus a lower-rate loan at 10% with 2 points, which would cost him $9,000 total ($5,000 interest + $4,000 points). For those who turn projects fast, does a higher rate with no points make more sense for your deals? Or do you still go for the lowest rate possible?

Let me know what you think.

Does any one know a lender that do a dscr refinance loans that's under 100k

@William Coet

William,

Finding a 5% interest rate for a 5-10 unit multifamily property in today’s market is tough, but not impossible, depending on the lender and loan type. Conventional lenders typically offer higher rates right now, but you might find better terms through local credit unions, community banks, or portfolio lenders, especially if you have strong financials.

You may also want to explore creative financing options like seller financing or assumable loans, especially if the seller has an existing mortgage with a lower rate. Some investors are structuring deals using loan assumptions combined with supplemental financing to make the numbers work.

In Columbus, OH, where I primarily work, we’ve been seeing lenders get more flexible with DSCR (Debt Service Coverage Ratio) loans and hybrid ARM products. If you’re open to discussing options or looking at alternative markets that might offer better cash flow, I’d be happy to help. Let me know what your purchase price range is, and I can point you in the right direction!

Even if I’m willing to do a separate loan on the odd one (a five plex)?  Everything else in the portfolio is 1-4

Negotiating on a portfolio of 18 properties (25 doors, almost all SFH. some duplex, one odd one) for ~2M. 1.4+ DSCR, 800+ FICO, plenty of W2 income if needed, borrowing in an LLC. in western Pennsylvania. Anyone working with a lender that will do 85% LTV or higher under 8.5%? if you have a lender that is possibly willing, let me know and I can share the details. Thanks!

Thank you very much for the quick reply! This was a primary residence and he tried to sell to purchase the current him he lives in. Didn’t happen. 

 I am looking for private money but will entertain all lenders. How can we connect?

Hello everyone, I am a licensed builder & Realtor in NC. I am looking for partners who are interested in passively investing in new construction. I am building in the Triangle & surrounding area of NC. If anyone is interested send me a message and we can connect.

We’re a family-owned fix-and-flip company operating in San Antonio, TX, and Northern Virginia, managing everything in-house—from wholesale acquisitions to rehab & construction (with our own project managers and crews) to listing & selling through our licensed brokerage. Our Challenge is We’ve successfully completed 8 flips in 24 months and are ready to scale to 20-30 flips this year. However, our current hard money lender only funds one loan at a time, limiting our ability to take on multiple deals simultaneously. For those who have scaled their fix-and-flip operations, what are the best lending solutions you’ve used? Have you leveraged lines of credit, private lenders, portfolio loans, or other creative financing options? We’re actively seeking lenders who can fund multiple properties at once.

Open to discussions on flexible financing strategies that have worked for others.

I'd love to hear from fellow investors, lenders, and finance professionals—how have you navigated this challenge? Any insights, experiences, or recommendations would be greatly appreciated.