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All Forum Posts by: Ben Dunavent

Ben Dunavent has started 30 posts and replied 56 times.

Post: Flippers Dream-Chicago, IL

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

Price: $50,000

Street address: 5416 S. Lafin St.

City: Chicago

State: IL

Lot size: 3,155 SF

SQFT: 2,230 SF

Bedrooms Count: Unit A 3 and Unit B 3

Bathrooms Count: Unit A 1 and Unit B 1

This Multi-Unit needs to be renovated. The canvas is clean and ready for your creativity. Bring you offer Today 423.430.8900

Post: Tremendous Opportunity in beautiful Poconos

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

Price: $1,900,000

Street address: 200 Giacalone Dr. 

City: Canadensis 

State: PA

Lot size: 29.16 AC

SQFT: 20,558 SF

29+ Acre Mountain Retreat located in the beautiful Pocono Mountians. This property consists of a beautiful stone 11,000 square foot main residence, two 2-bedroom houses, small cabins, two commercial buildings, and a 3 bay free-standing garage, this property would be suited for a corporate retreat, private estate, or other use. Let your imagination take over to bring this property to its full potential. Commercial buildings are situated on Route 390 while the main residence is secluded in the nearly 30 acre wooded land.

At the main residence, walk under the two-story stone archway and enter through the double doors to see this elaborate home. The custom built kitchen is any cook’s dream with a large island, unlimited counter space, and full size freezer. The main living area has 20 foot ceilings, a fireplace with custom woodworking, mantle, and arched windows. Spacious master bedroom has a double sided fireplace, sitting area, and large master bathroom. Entertain on the ground level with its large open floor plan, full bar, and access to the outside patio. The entertaining continues with the paver patio and in ground pool. House also offers a three car garage, large deck, and private balcony.

This is a great opportunity to get away of from the busy NY life, or live in main house and maximize earnings by renting the cabins out. Call today to discuss this opportunity at 423.430.8900

Post: Great Investment Opportunity -Chicago, IL

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

Price: $150,000.00

Street address: 6502 S Marshfield

City: Chicago 

State: IL 

Lot size: 3,080 SF

SQFT: 2,262 SF

Bedrooms Count: Unit A 2 and Unit B 3

Bathrooms Count: Unit A 1 and Unit B 1

This multi-unit property has tremendous amount of potential, live in one unit and rent out the 2nd unit. Put tenants in both units to maximize earnings. Let this investment pay for itself time after time. Contact me today at 423.430.8900 to discuss this great investment opportunity. 

@David Cas I would say try Mitch Cox. Well known in this area. I know they manage office buildings, I would think they would also do apartments.

Here is a link...  http://mitchcox.com/management/overview/ 

Post: Great Investment Opportunity

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

I was trying to see how to edit or delete this post. While I was looking at posting residential opportunities I have it asked more detailed questions and I figured the Commercial posting would be the same but it is not. I will be posting many more shortly with much more detail. 

Post: Great Investment Opportunity

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

2 Story Multi-unit dwelling with 2 car garage, Unit A having 2 Bedrooms, 1 Bath and Unit B having 3 Bedrooms, 1 Bath. 

Post: LLC

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

I am no expert on LLC's. As a lender I can tell you if you are looking for creative financing (private money), you will need to be buying a property under an LLC or corp. This is because most national lenders must lend to a business not to an individual. Often referred to as a business to business transaction (B2B).

Another reason maybe for protection or tax purposes. As I am no expert in this I do not want to indulge on those topics. Hopefully someone with more knowledge than myself will reply as well. 

Post: Looking for funds? I am looking for deals!

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

Are you looking for a direct lender? 

Needing funds yesterday? 

I accept ALL credit histories and require NO FINANCIALS. 

I work with both borrowers and Brokers. 

Primary focus is Office Buildings, Apartment Buildings, Retail, or SFI (will consider outside of these). Max LTV 65%

Loans from 250K to 5M+

Call or email me today! 

Post: private money

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11
Originally posted by @George Krajacic:

Hi Dan,

I do not know Ohio’s lending laws and regulations but in California most of the private money loans are made thru the brokers just as hard money loans are. The reason being is by using a broker private lender can avoid usury law and charge higher interest rate. Broker arranging the loan charges points for the effort. So the broker can share portion of his/her points with you (0.25 to 1.0 point). However if you do not have a real estate licensed you are not allowed to discuss loan terms or be involved in any loan negotiations. So the best way to get paid discuss your finder’s fee with broker first and if you come to an agreement than introduce borrower to the broker. Since you are in Ohio above might not apply. The best thing would be to talk to few hard money lenders in your city and find out what are the rules for paying finder’s fees.

Good luck,

George

 I do agree with George. I am currently seeing brokers charging 1-4 points. In some states the have to be Lic. Such as NY, however in some states they do not.

Post: how do you buy someone trailer home.

Ben DunaventPosted
  • Johnson City, TN
  • Posts 64
  • Votes 11

I am confused with what you are asking. If she is looking to sell the manufactured home I would recommend putting it in the local paper or post it on craigslist. That is a typical outlet in my area for this type of transaction.