Traded: Boston的动态

?? Exciting Update from Oaktree Funding Corp.! We are thrilled to announce some important enhancements to our Titanium Advantage program, designed to offer you even better pricing and terms! Here are the key changes: ?? Max loan amount has been adjusted from $3.5MM to $2.5MM. ?? Min loan amount has been increased from $250k to $350k. ?? For second homes, the max loan amount has been reduced from $2.5MM to $1.5MM. ?? Now, 12 months of reserves are required for loans over $2.0MM, previously set for loans over $2.5MM. These updates reflect our commitment to providing competitive and flexible financing solutions. Stay tuned for more enhancements and feel free to reach out for any queries or assistance! #oaktreefunding #titaniumadvantage #loanupdates #mortgagerates #homefinancing #realestate #loanprograms #financialnews #mortgagetips #homebuyer

My??1st deal was a 3:1 ?? when I was 17 for 10k. I traded that property for my living expenses in college. My ??2nd deal was a 2:1.5 when I was 21. I sold that property to get out of bad debt I acquired as a teen. My ?? 3rd deal was a distressed portfolio of 9 properties?? with 8k in my pocket. I'm currently BRRRRing ???????? ?? the properties I still hold. My next big deal will be a opportunistic/ value add multifamily deal??. The refinance of my current portfolio will be used as my coinvest and the renovation?? budget on the deal. The moral of the story is its okay to fail and make mistakes, keep ??ing towards your goals??. #syndication #multifamily #multifamilyrealestate #multifamilyinvesting #cashflowproperties #brrrrstrategy #realestate #realestateinvestor

Thank you Traded: Chicago ?? This was truly a rewarding deal to get through. The borrowers counsel made all the difference. From day one, they stood strong for their client, pushing key revisions that we ultimately achieved. We definitely stumbled a few times on the way to the closing table, but ultimately we achieved a first for the lender! Here's the story: Borrower had the building appraised. Based on that number, they wanted 75% LTV. Quotes came in between $2.1MM - $2.5MM, with rates scattered. We were adamant on achieving $2.9MM ??. Whether that meant finding a lender with rock-bottom rates or accepting a lower DSCR. We don't back down ?? Well, I think we hit the jackpot on this one ?? - Out of State Borrower - Low DSCR (Lender understood the deal story) - Great Rate - After approval, we further negotiated a 30-year amortization. - Zero Prepayment Penalty ?? The biggest win? After approval, we successfully struck the Confession of Judgement from the loan docs. ?? ? Lenders Response: "We have never done this before. It is standard in our docs. No one has ever complained." ? Two weeks later the board accepted the revision! That is where having an amazing attorney and mortgage broker in your corner makes all the difference. We stood firm, challenged their docs, and protected the borrower every step of the way. Details Do Matter - Having the right team in place - from counsel to broker - can make all the difference. Don't settle. Especially when it comes to protecting your clients.

Blackstone Mortgage REIT Slashes Dividend By 24% As Distress Piles Up In CRE World. Blackstone Mortgage Trust, a real estate finance company that originates senior loans collateralized by commercial real estate across North America, Europe, and Australia, reported its second-quarter earnings on Tuesday. The report revealed a near-quarter reduction in its dividend due to rising defaults and increasing challenges with borrowers in making payments or refinancing office tower loans amid a worsening CRE downturn. Bloomberg was the first to report that the $3.4 billion real estate investment trust BXMT slashed its dividend to 47 cents from 62 cents. BXMT has been distributing the 62-cent dividend to shareholders since late 2015. #realestate #interestrates #REIT More details here: https://lnkd.in/g7F8nUSC

???? Back in 2018, my partners and I leveraged a cash-out refinance on two rental properties to fund a down payment for a $540,000 four-unit multifamily property. By pulling out $140,000 in equity, we covered the down payment and closing costs for this legal fourplex. Despite the seller buying it for $480,000 just six months prior, the 12.5% value increase didn't deter us. Recognizing the potential, we proceeded with confidence. Investing smartly is about seeing the bigger picture, not just short-term gains. ???? #RealEstateInvestment #MultifamilyProperty #CashOutRefinance #PropertyInvestment #RentalProperty #FinancialFreedom #RealEstateTips #WealthBuilding #SmartInvesting #PropertyPortfolio

Refinance Day ?? (and a bit of rent for good measure) Yesterday was one of those celebratory days In a developers calendar, with the completion of our refinance process for the recent Abbey Street HMO conversion project ???? This deal has thrown up its fair share of curve balls (and will produce more yet!). We are safe in the knowledge that all components that sat under our control were executed with precision, however ?? Valuable lessons learned in the bank that probably outweigh the kings coins - we now look forward to repaying our investors and seeking our next opportunity ?? #propertydevelopment?#HMO?

This Friday we are answering a question you can share with your real estate investors. Q: Can Angel Oak's Investor Cash Flow program be used for an investment property that is unoccupied? A: YES, and we now allow vacant refinances also! Real estate investors can purchase, and now refinance, an unoccupied investment property. We can qualify based on expected rental cash flow of the property using our no income DSCR Investor Cash Flow loan. Have a question? Post it in comments and I will provide an answer! OR Contact me today to discuss and price your scenario. #nonqmleader #dscrloan #mortgage #investment #realestate

Turning a century -old property into modern profits ?? We’ve uncovered a piece of history in our latest project! The slate marked ‘1907’ shows this home was one of the last built on the street over a century ago. As we restore it, our projects offer a fantastic opportunity to add value and refinance at a higher rate, allowing us to pay back our investors with great returns. Interested in learning how you can benefit from projects like this? Drop me a message and let’s chat!" #investors #ukproperties #roi #propertyinvestors

Landlords Face a $1.5 Trillion Commercial Real Estate Maturity Wall Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, and about a quarter of that borrowing could be hard to refinance, according to Jones Lang LaSalle Inc. “A large portion of the multifamily world is underwater at the moment,” said Catie McKee, director and head of commercial-mortgage backed securities trading at Taconic Capital Advisors. “A lot of the equity is gone, but it’s an asset class that is pretty resilient over time. It’s underwritable, it just needs a capital infusion.” #realestate #property #commercial #officebuildings #officespace #debt #inventory #therealtynews #investors #investments #data #report #hnwis #realestatedevelopers #realestateagents #landlords https://lnkd.in/gTPk5HxD