Bigger Cash Flow Podcast 060: Portfolio lending through CoreVest w/ Ramsey Kassih

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Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 060

Title: Portfolio lending through CoreVest w/ Ramsey Kassih

Ramsey Kassih

Show notes:

Today we are excited to have Ramsey on the podcast. Ramsey is currently working at CoreVest Finance and is helping investors obtain portfolio financing. Ramsey is also an investor himself, growing up while also working on rentals with his family. He currently owns a portfolio in the Pittsburgh market.

CoreVest Finance was founded in 2014 to meet the demand for affordable capital for a broad range of residential real estate investors. CoreVest's goal is to help investors scale by bringing attractive loan products to investors. To date, CoreVest has funded more than 40,000 units, closing over $6 billion in loans processed! Bo was able to use CoreVest to help scale his portfolio to where he is today. Please follow along to see the world of commercial lending and what you can expect when working with CoreVest!

On this episode you'll learn:

  • Ramsey's background and his work at CoreVest

  • Introduction to CoreVest's Rental Portfolio Product

  • Differences between commercial lending vs the conventional lending

  • Some criteria that commercial lenders are looking for - specific to CoreVest

  • The application process with CoreVest

  • The underwriting process with CoreVest

  • How LLC's play into the commercial portfolio lending

  • LTV requirements from CoreVest

  • General Terms that you might see working with CoreVest

  • Some things to look out for such as prepayment penalty with Commercial Portfolio loans

  • Other Products that CoreVest offers

Contact Info:

Website: https://www.corevestfinance.com/
LinkedIn: https://www.linkedin.com/in/ramsey-kassih