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All Forum Posts by: BA R.

BA R. has started 10 posts and replied 52 times.

Post: Registered Agents referral request

BA R.Posted
  • Duncan, OK
  • Posts 53
  • Votes 10

Thanks to both of you those are all REALLY GREAT ideas!

Post: Is B@R associated with Micky Financial?

BA R.Posted
  • Duncan, OK
  • Posts 53
  • Votes 10

Hi Tim, Thanks for clarifying the relationship with MF up. 

As far as the down issue. I just wholesaled out my home. After all the boring details, I have less then 1K for a down on any thing.  I figure  any lender is going to want to see  experience or barring that at least   my own skin in the game in proportion to the loan. I figure 1K is not going to get it done, hence the comment about down.

Post: Landlord Lending, b2R First Key Lending

BA R.Posted
  • Duncan, OK
  • Posts 53
  • Votes 10

Does any one know if they are connected to micky financial? see my post at

http://www.biggerpockets.com/forums/92/topics/173614-is-b-at-r-associated-with-micky-financial

Post: Is B@R associated with Micky Financial?

BA R.Posted
  • Duncan, OK
  • Posts 53
  • Votes 10

I emailed b2r a while back, found out their minimum is way above my current goals ( down money) and asked if they did smaller loans or had someone that did smaller amounts. A while later I got an email from someone using the name of micky James with the email being mickyfinancial @ *******. com. Asked what terms of financing are. The response was fill out the loan app, if I am serious, and see if they will to do this. Apparently they do loans for non REI as well. At 3% I want to know what fees are involved. I realize I'm so new to this that I'm green like a fresh twig, but even I KNOW that sounds way to good to be true. NO ONE I have ever heard of in all the REI materials I have read, listened to and watched, does loans at 3%. If it is 3% I figure there has to be origination fees, points etc. My concern is that this may be a fraud to get personal info for id theft but yet it might be legit and they just don't want to answer a lot of questions knowing that some of us are shopping. My thought is if they are legit maybe see about getting pre-approved for how ever much I can and go from there. The fact they did not give me straight answers has a BIG RED FLAG going off inside my head, yet like I said maybe it is just they see any thing that is not a loan app as a waste of time. Any help on this would be good. Thanks

Post: Registered Agents referral request

BA R.Posted
  • Duncan, OK
  • Posts 53
  • Votes 10

Looking for a registered agent in Texas. Does any one have recommendations on a CHEAP  source for this?  I Googled some that are in my price range, but let's face i you don't know about people or business on line as far as who is a scam or legit. Why do you like them? Also wanted is who would you never hire again and why? Thanks

OH DAH! THANK YOU! I cant believe I did not see the " may" in that sentence! I love this site, I tell you I do. 

OK next question. Josh, since your in WF's  I'm hoping you will jump in on this one. How hard is the building inspector to get along with  if your slowly getting a property with 2 houses on it fixed. BOTH roofs are complete rehabs in the add on section of each house. The main part on both houses definitely needs reshingled. Not sure yet if  new decking is needed. Have not climbed into the attics since I did not have my ladder and big flashlight with me when I looked. . The little house in back has one wall that is going to need to be rehabbed in one section. There is a add on that I'm thinking simply tear out and  put the wall back in straight. The kitchen floor is wavy, which seems odd since the rest of the floors are level.

I can do the work no problem. It will have to take advantage of the permit code that says you have to show work every six month as being done and not abandoning he work so the permit does not expire but that is doable, even on my budget. With that 6 month rule I could work on both at the same time IF I had to to keep county off my butt.


http://publicecodes.cyberregs.com/icod/irc/2009/icod_irc_2009_8_sec003.htm

this is straight off the International code 2009  1 and 2 family residential code page online . I emailed the city manager about some other questions. like since it will be owner occupied can I live in it while roofing, do I have to get a demolition permit, etc. I figured I'd wait til I got answers on that. Plus , verbal answers kind of bother me since I cant prove them. Emailing inspector would work though if i can get an answer.  If I am misunderstanding this that would be GREAT!





 R803 ROOF SHEATHING



R803.1 Lumber sheathing.
Allowable spans for lumber used as roof sheathing shall conform to Table R803.1. Spaced lumber sheathing for wood shingle and shake roofing shall conform to the requirements of Sections R905.7 and R905.8. Spaced lumber sheathing is not allowed in Seismic Design Category D2.



TABLE R803.1 MINIMUM THICKNESS OF LUMBER ROOF SHEATHING



RAFTER OR BEAM SPACING (inches) MINIMUM NET THICKNESS (inches)
24 5/8
48a 11/2 T & G
60b
72c



For SI: 1 inch = 25.4 mm.

a. Minimum 270 Fb, 340,000 E.

b. Minimum 420 Fb, 660,000 E.

c. Minimum 600 Fb, 1,150,000 E.



R803.2 Wood structural panel sheathing.

R803.2.1 Identification and grade. Wood structural panels shall conform to DOC PS 1, DOC PS 2 or, when manufactured in Canada, CSA O437 or CSA O325, and shall be identified by a grade mark or certificate of inspection issued by an approved agency. Wood structural panels shall comply with the grades specified in Table R503.2.1.1(1). R803.2.1.1 Exposure durability. All wood structural panels, when designed to be permanently exposed in outdoor applications, shall be of an exterior exposure durability. Wood structural panel roof sheathing exposed to the underside may be of interior type bonded with exterior glue, identified as Exposure 1. R803.2.1.2 Fire-retardant-treated plywood. The allowable unit stresses for fire-retardant-treated plywood, including fastener values, shall be developed from an approved method of investigation that considers the effects of anticipated temperature and humidity to which the fire-retardant-treated plywood will be subjected, the type of treatment and redrying process. The fire-retardant-treated plywood shall be graded by an approved agency. R803.2.2 Allowable spans. The maximum allowable spans for wood structural panel roof sheathing shall not exceed the values set forth in Table R503.2.1.1(1), or APA E30. R803.2.3 Installation. Wood structural panel used as roof sheathing shall be installed with joints staggered or not staggered in accordance with Table R602.3(1), or APA E30 for wood roof framing or with Table R804.3 for steel roof framing.

PS looked up Home depot and lowes,. could not find flame retardant ply wood. 

Best source  for code I could find was Wichita county  web site and they use 2009 International building code on 1 and 2 family residential. It specifically says for places in side WF city limits but since I cant find any thing out about is Burkburnett easier on code, I'm figuring that is what I have to do. Apparently I have to pull a permit to do this. Code says flame retardant believe it or not.  If I' m wrong and can get buy with  cheaper stuff that would be great.  Property is in Burkburnett but i  cant find any thing  specific except link to Wichita county.

Any ideas are welcome.

Have found a property I am seriously looking at.  Needs new roof from deck up. Have not been able to source a supplier for fire retardant  ply wood and lumber. Any One know of something close and preferably the cheapest source ? also need  cheapest source of cement in bags for part of this place.