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Simmy Ahluwalia commented on Admin's page LOAN OFFERS!
"Reach out to us for any Loan Scenarios to evaluate and price out - www.SimsCommercialloans.com"
18 minutes ago
Simmy Ahluwalia replied to DA Clark's discussion Ready to start shopping for my first investment property. Thought I would start by asking about the financing end of things...
"Hello DA, Monty's comments are spot on.  Also, keep in mind, other than the 20% down, you'll need about another 4-5% in loan fees, underwriting/processing and closing costs.  And, you'll need to have about 3 months of PITI…"
22 minutes ago
Simmy Ahluwalia replied to Tina Hastings's discussion Buying an 8 unit apartment building. How much down do I need? Can you help me with financing?
"So it depends.  If the property is fully stabilized, cash-flowing and can service the debt, then yes, secure long-term permanent financing.  If the property is vacant, low occupancy, and possibly needs some work, then you'll have to…"
29 minutes ago
Debbie Mclnney posted discussions
4 hours ago

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Ready to start shopping for my first investment property. Thought I would start by asking about the financing end of things...

Started by DA Clark in Request Funding. Last reply by Simmy Ahluwalia 22 minutes ago. 2 Replies

I own the house I live in (really my mortgage company does) and I think it is time I start investing. I am posting because I want to start looking but I have questions like how much down will I need, range of potential interest rates, should I rehab…Continue

Tags: investmentproperty, investor, beginner, rentals, payment

Buying an 8 unit apartment building. How much down do I need? Can you help me with financing?

Started by Tina Hastings in Request Funding. Last reply by Simmy Ahluwalia 29 minutes ago. 62 Replies

I would like to purchase a small 8 unit apartment building. Cost will be $1.09 Million. I have good credit and 2 rental properties right now. I would prefer to avoid hard money if possible because I plan on keeping this one long term.Can you help…Continue

New Funding Opportunities

Started by Debbie Mclnney in Lending Page 4 hours ago. 0 Replies

My name is Debbie, a Credit Analyst with Globalfund Limited. I am writing to introduce Globalfund Limited, a leading Financial Service Provider that specializes in providing funding solutions to borrowers through bank instruments and collateral…Continue

New Funding Opportunities

Started by Debbie Mclnney in General 4 hours ago. 0 Replies

My name is Debbie, a Credit Analyst with Globalfund Limited. I am writing to introduce Globalfund Limited, a leading Financial Service Provider that specializes in providing funding solutions to borrowers through bank instruments and collateral…Continue

Introducing New Funding Partnership

Started by Debbie Mclnney in Lending Page 4 hours ago. 0 Replies

My name is Debbie, a Credit Analyst with Globalfund Limited. I am writing to introduce Globalfund Limited, a leading Financial Service Provider that specializes in providing funding solutions to borrowers through bank instruments and collateral…Continue

New Funding Opportunities

Started by Debbie Mclnney in General 5 hours ago. 0 Replies

My name is Debbie, a Credit Analyst with Globalfund Limited. I am writing to introduce Globalfund Limited, a leading Financial Service Provider that specializes in providing funding solutions to borrowers through bank instruments and collateral…Continue

 
 
 

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