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All Forum Posts by: Brian E.

Brian E. has started 3 posts and replied 21 times.

Post: Refinance LLC-owned property

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7
Michael - 
I didn't try real hard - People on here like to talk about portfolio lenders who may do it, but I didn't take the time to research that in my area.  The few credit unions I spoke with would have handled it as a commercial loan, with higher rates & shorter terms.

Post: Morris Invest Case Study 2.0

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

@Aaron B. Thanks Aaron, that provides a nice picture.

Post: Morris Invest Case Study 2.0

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

@Aaron B.  How would you characterize the neighborhood Tyler's property is in?  There's so much discussion on whether these are truly C properties or something worse.  Just looking for a local to chime in.

Thanks!

Post: Clayton Morris Invest

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

@Stephanie Windemuth May I ask who your contact at Morris was?  I also just had a call with them this morning.

Post: Morris Invest Case Study 2.0

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

@Tyler Jahnke  Thanks for the continued updates, please keep them coming!

Post: Just joined in Lansing, MI

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7
Donna Ragan Talk to Ramon Huerta. He's a local investor focused agent.

Post: Refinance LLC-owned property

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

I'm looking for advice on how to refinance a single family home owned by an LLC. I purchased it in cash and am rehabbing it now; the estimated ARV is about $65k. The property is located in Kalamazoo, MI.

Any advice about the best avenue to structure financing or lender recommendations would be appreciated.  My goal is to pull out enough cash to finance my next deal.  (Also, I'm not interested in shuffling the title around to try and obtain conventional financing / avoid due on sale.)

Thanks!

Post: another nice renal 50,000

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

@Mike Pritchett congrats on your new rental in "the township" from one local investor to another.

Post: Equity/Credit Partner Wanted Kalamazoo, MI

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

@Donna Ragan I would suggest socializing with other investors at the local meetups

Post: Kalamazoo, MI investing partner

Brian E.Posted
  • Investor
  • Kalamazoo, MI
  • Posts 22
  • Votes 7

@Donna Ragan  Hi Donna, welcome from one new Kalamazoo investor to another.  Are you saying you're an owner of 2 properties?  Have you made it to any of the local meetups?  That would be a good place to meet others.