All Forum Posts by: Chris Seveney

What are your thoughts on white kitchen cabinets in a rental (Not a flip but a rental).

I Have no experience with white, but I believe they would make the turn harder because they would be harder to clean.

On the positive side they seem to make the kitchen feel bigger because they're bright.

Personally in a Rental I like the old fashioned oak look or the cinnamon colored look. 

What has been your experience with white cabinets and renters???

What are your thoughts on white cabinets in a rental???

Who have you had a great experience within the Turnkey Provider space and why did you choose them?  Was it b/c of a recommendation from someone else?  The particular market that was of interest?  Specifics or general thoughts welcome!  

The gap between what private money lenders who use their own money vs hard money t he at gets the funding to do deals from the capital markets, the interest and fees seem to be growing further apart. 

what is behind this trend?

Has anyone had success in using Ai to create the MLS listing using a flat fee service?

Apparently, they’re now selling some AVAF1 properties to cover the remaining capital call. Distributions were initially described as “paused,” implying they would eventually be caught up,  but that language seems to have quietly disappeared. I’m invested across five funds, all currently “paused,” and it’s unclear what’s really happening, particularly with AVAF1. Is there still meaningful upside on these 2021-era properties, or are we simply hoping to recover principal at this point? And what are the chances of that even happening. The updates have been extremely vague, and I'm just wondering to what extent the principal is safe or lost.  Any insights appreciated here.  Is there a secondary market for these things?

Hello,

I am looking for hard money lenders recommendations in Illinois to fund future fix n flip or BRRRR projects. I tried to use find lenders option in bigger pockets but didn't able to get thru the lenders contact page as not able to receive the phone codes.

Havan

 @Chris Seveney Here we are again! - Trevor, there is a common misconception to this notion. I must have seen Chris answer this two dozen times over, and he does a real good job at it. That being said, if you wanted to change title for any reason you can try with a quit claim deed at your local attorney or title office. Just make sure the lender who holds the note doesn't have any rules around acceleration clauses in their loan covenants. Good luck!

Hi everyone,

I’m looking for some advice from those who have done something similar.

Here’s my situation:

• I currently own and live in my primary residence.
• I'm considering refinancing it using a DSCR (Debt Service Coverage Ratio) loan, which would officially turn it into a rental property.
• After that, I would purchase a new primary residence with 5–10% down (conventional loan or FHA, depending on what fits best).

I am looking to sell my two-family in Warren, OH.  Each unit is 1700 sq ft with 3 bed and 1 1/2 bath.  Corner lot with a detached garage.  Each unit paying $1000.