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All Forum Posts by: Alexander Love

Alexander Love has started 2 posts and replied 6 times.

@Patrick Hill Thanks a lot! I really do appreciate your input. I will be calling them

I have a deal that will need a title company that understands the process of a double close. If you know of any please post or DM me the info. Thanks in advance!

I need a good title company in St louis, Mo that understands the process of a double close. If you know of any please post or DM me any suggestions

To piggy back off of @Jack Luzecky, currently the northside of Saint louis is not a place to invest because of the high turn over tenant rate. No body really wants to pay rent or its extremely late. I would agree with Jack and just stay in South Saint louis

Thanks @Matthew Holtry...So most lenders will lend only %75 to %60 of ARV?

@Kenneth Garrett what questions would a lender have? I know you said a detailed description of the deal but what does that involve or mean? 

Thanks @Matthew Holtry for making this post and @John M. Erdek , @Steve Babiak for your replies. I'm actively looking for a private or hard lender assuming that all private and hard lenders know the ropes. This post brings a lot of clarity to the process and issues when trying to structure a deal with a private or hard money lender.  So as a private lender what do you look for in a transaction that makes you feel comfortable to invest? I plan to use a hard or private lender for my first deal and I'm trying to learn all I can about the process to be confident in my next steps