Tyler Solomon - Investment Property Financing
Financing 1-10 Unit Investment Properties
10/06/2022
Excited to announce I will be attending the NAMB 2022 Conference this weekend in Las Vegas!
If you are going too, Shoot me a message and let's Connect!
09/30/2022
Drumroll Please........
Officially announcing the EasyFLEX Program!!
Designed for patient, liquid investors ready to pounce on turnkey properties with ultimate flexibility to refi into lower rates when the market recovers...
Who is this for?
✅Short Term Rental professionals ready buy from STR newbies unprepared for a slowdown
✅Savvy investors well equipped to take advantage of panicked sellers
✅Patient investors with a long time-horizon, that don't need to cash flow right away on the right deals
😯😯😯
At first glance, high rate!
BUT - this is FLAT guaranteed pricing and compares very favorably to current turnkey Hard Money Rates (11-13%, 2-3+ points).
9.975% closing fee, every time
1.490% closing fee, every time
30-Year Terms, 10-Year Interest-Only Payments
Also, unlike a hard money loan, there is no "shot clock" with a short term and stress-inducing pressure to refi quickly.
Nobody knows when rates will inevitably come down again, but it should be well w/in 10 years! No pressure!
75% LTV across the board, only 25% down payment
If you are an opportunistic buyer using cash only in this , you will use up your capital quickly and be kicking yourself when the opportunities keep flowing
Best Part?
✅No Prepayment Penalty
✅No Exit Fee
🟰 No Brainer
With normal DSCR rates now in the high sevens and eights with 5%/5-Year Prepay, why not pay a little more interest and avoid any fees when you refi later?
Eligibility is EASY for the skilled investors we are looking to work with:
0.75x DSCR / 720 min FICO
Are Short Term Rentals OK?
Yes ✅
OK, but can we qualify with AirDNA?
Yes ✅
Shoot me a message if you are interested - closing under 30 days with 30 year fixed debt!
09/30/2022
Lets talk state of the market.... Volatility....
"We've been seeing some of the biggest day-to-day changes (and intraday changes) since our daily record keeping began in 2009. The past 3 days have been right up there with a spike of more than 0.20% on Tuesday, a drop of more than 0.40% yesterday (in two phases), and a spike of almost 0.20% today"
Crazy Volatility Continues as Rates Head Back Up "The following information is deemed reliable only through September 29th, 2022. After that, rates could be as much as .25-.50% higher or lower. " Every daily rate update needs to come with that sort of disclaimer these days. We've been seeing some of the biggest da...
09/27/2022
Market Update -
Application Volume See's a Slight Rise Despite Rate Hikes...
Deals are still out there folks, if you are looking for ways to get your investment property financed in todays ever shifting market - shoot me a message, and follow me so YOU never miss a BEAT!
Application Volume Rises Slightly Despite Big Rate Increases Mortgage application activity increased for the first time in six weeks during the period ended September 16 although the prior week had been shortened by a major holiday weekend. The Mortgage Bankers Association said its Market Composite Index, a measure of mortgage loan application volume, increas...
09/23/2022
Let's talk DSCR....
As conventional mortgage rates surge past 6%, investors are re-considering where, and how to finance their investment properties without the traditional "red-tape" that makes conventional financing worth it. DSCR loans however are different, much more investor friendly, and allow YOUR great deal to speak for it's self, regardless of personal finance history!
If you are an investor with a strong cash flowing asset - DSCR may be the right move for you!
- Quicker time to close (sub 28 days)
- No DTI consideration
- Short Term Rental Friendly
- Light underwrite process
- Rates starting at 7.00%
- 620 credit min
Reach out if you wish to learn more!
https://money.usnews.com/loans/mortgages/articles/mortgage-market-news-sept-15-2022
09/23/2022
Solid Cash-Out Refinance for a group of sturdy south Texas Investors looking to re-deploy their equity into more cash flowing assets!
09/23/2022
Just a Few Reasons why I love the STR Game!
3 Benefits of Owning a Short Term Rental View our top 3 benefits of owning a vacation rental in the Scottsdale area, and contact us for a free home consultation.
Investors - Looking to expand your rental property portfolio? Curious on how to start? Looking for industry leading news & insight from an inside perspective? Look no further -
Follow for:
- Investor Spotlights
- Market Updates
- Portfolio Strategies
- Financing Information
- And More!
Click here to claim your Sponsored Listing.
Category
Contact the business
Telephone
Address
Austin, TX