All Forum Posts by: Vanessa A Martin

Hi John, 

DSCR is a great option for investors as it requires no personal income. And investors can have up to 10 of these loans at once. It is by far the most popular with my clients, and the yes PPP you choose will benefit you in which rate you get. Since you are an experienced investor most lenders will go as much as 80% LTV. They use your experience, credit score, reserves and the rental income must cover the PITI. Hope this helps, good luck.

Isaiah,

Welcome and congratulations on your investment property. Florida is a great market right now, especially with so many diverse areas growing. I would suggest reaching out to a investor who is very knowledgeable and experienced in the Tampa Bay Market. @Jorge Vazquez  a experienced investor here in Tampa and would happy to speak with about your goals in investing.

Good luck

Good morning John, 

Investing in Real Estate can seem overwhelming in the beginning and there is so much information out there. I always advise clients to speak to someone who has experience and can give some honest advice based on actual deals and mistakes they may have made. May I suggest you reach out to @Jorge Vazquez , he would be more than happy to speak to you and answer any questions you may have. He has many years of experience and he is a wealth of knowledge. Good luck and hope you connect. 

Hi Trace,

if you are looking to invest in the Tampa area, you definitely want to reach out to @Jorge Vazquez

He has a wealth of knowledge and is a seasoned investor here in the Tampa area. He would be happy to answer any questions you may have. Good luck to you. 

Hi Carlos, 

I recommend reaching out to @Jorge Vazquezhe is fantastic and has been doing investment properties for a long time. Very knowledgeable and great source of information. 

Hi Vince, 

It depends on the program the borrower is using. If this is a conventional loan then all documents pertaining to income,current mortgage and insurance, etc. if it is a DSCR refi you will need much less. 12 months of payment history, 12 months of rental income, insurance, bank statements and whatever else the lender may require.

Hi Amit, 

Welcome and this is a great place to get advice about investing especially if you are just beginning. To answer your question, yes I think there are many opportunities here if you know where to look and with whom to get connected with. May I suggest reaching out to @Jorge Vazquez he would be a great connection to have especially in just beginning. He has been investing for years and is a wealth of knowledge. He would be more than happy to speak to you and answer any questions you may have. Good luck to you. 

Hi Megan, 

How exciting, and you are definitely in the right place. House hacking is an excellent way to get started as you can take advantage of the lower down payment options. If you are looking for someone to connect with I would suggest @Jorge Vazquez he is a wealth of knowledge and experience. He would be happy to help you and navigate through some of what you may be looking for. Let's connect sometime if you have more questions. Good luck! 

Hi Shane,

I do investment loans everyday for people and it is really a simply process. If you have a good credit score and a business entity, you can use the equity from for your primary home to make up the difference in down payment. Or you could find a partner to put up the remainder. A DSCR loan requires no personal income documents, it is based on credit, reserve funds and property income. I would also suggest you reach out to someone who has experience in the BRRR method of investing. Reach out to @Jorge Vazquez he has a wealth of knowledge and would be very happy to speak to you about this method and how it has worked for him. Good luck to you. 

Hi Christopher

Real estate investing can be very rewarding and confusing with so many options to get started. I would suggest getting a mentor or reaching out to someone who has experience and is willing to share that. I would reach out to @Jorge Vazquezhe has been investing for many years and has a wealth of knowledge. He would be more than willing to discuss with you the pros and cons and everything in between. Good luck to you.