All Forum Posts by: Yan Katz

Thanks @Alvin Uy like wise!

Thanks @Nabil Suleiman! I'd love to work with you on some deals! Let me know if your clients need financing. Cheers!

Thanks @Jo-Ann Lapin! Cheers!

Hi @James Cargill, I'm so sorry for your loss and I can't imagine how hard this is right now. My recommendation would be  to first contact your current lender and explain to them the situation, transparency is ideal and they are obligated to give you ample time to get things resolved. Second, if @Oliver Carey that offer is real, please DM because that's an insane rate. The conventional market is just below that with a great score, so if you can get that with a 550 and no doc then you have my attention. Regarding qualifying for a conventional loan there are various possibilities especially if you have experience in the same industry. DM me for more info. Go Long Beach!

There are plenty of lenders that will offer you equity based financing and then you can refi with the new income. Usually private or hard money

Hmmmm, considering the rate differential would be close to 4, on a conventional you could say over $4k a year that could go back into your property. 

@Mark Pijanowski why not to residential? I think you rates might be a little better that way. Good luck!

Thanks @Josh Rodriguez! Please reach out for anything at all! Happy to assist!

Conventional should be able to take care of you. The fact that you are looking to stay and are willing to buy down your rate is a smart move consider you don't plan to refi and want to take advantage of the current low market. I don't see why $780k is an issue, but your rates will be much lower under 765k due to jumbo pricing. I'd recommend staying around there because the extra $15k can easily go right back into the rate differential. Cheers and good luck! for details. 

Thanks @Ali Boone wow I lived in Marina Del Rey last year! love the area!