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Updated over 1 year ago on . Most recent reply

User Stats

31
Posts
17
Votes
Tim Braun
  • Flipper/Rehabber
  • Union Springs, NY
17
Votes |
31
Posts

Looking For HML Recommendations for Fix and Flip near Syracuse NY

Tim Braun
  • Flipper/Rehabber
  • Union Springs, NY
Posted

Hey everyone, I am working on purchasing a fix and flip and am looking for some recommendations on HML's near the Syracuse NY area, or close enough.

I have the property under contract and time is running out, but you live and you learn. I started with Quickline and wasted 15 days before they could tell me the property was too "rural", now they are trying some second option with LimaOne... just feels like I'm getting the run-around with them.

I'm meeting with Syracuse Hard Money soon, they seem like they might be promising. I got in touch with someone from Backflip but I'm not sure what to think of that company. Does anyone have any other recommendations?

Most Popular Reply

User Stats

31
Posts
17
Votes
Tim Braun
  • Flipper/Rehabber
  • Union Springs, NY
17
Votes |
31
Posts
Tim Braun
  • Flipper/Rehabber
  • Union Springs, NY
Replied
Yes Quickline did one "in house" appraisal then they said it was too "Rural" to get comps - I feel like they would have pulled comps before going out there so I just don't feel like I'm getting the whole story from them. I just paid for one to be completed through LimaOne which will hopefully be done this week, then Syracuse Hard Money is doing one tomorrow with me there.

$85k Purchase, $38k rehab (could narrow that down to around $15k if I was going to hold and rent it, but that's a different conversation), $180k ARV with adding a bedroom and bathroom. Its not completely out in the sticks, I mean its got city water hooked up!

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