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All Forum Posts by: Bob Reinhard

Bob Reinhard has started 32 posts and replied 465 times.

Post: comps when there is no comps to compare too

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings. 

Is the property "too rural" or in a less dense population area?
This can be a not uncommon problem at times, especially for lenders. And if it is a problem for them, well ...

Bob

Post: Loan type for unfinished new construction BRRR-ish deal

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings . 
Hard money,  purchase and rehab.
Much success.
Bob

Post: New investors trying to figure out how to get started.

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186

Welcome aboard.
Education, education, networking,  education.

Feel free to reach out to me any time for questions more involved than a back and forth post ... or about any hard money lending questions.

Guter erfolg!

Bob

Post: New BP Member- Saying hello!

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Welcome aboard.
Feel free to reach out to me any time for questions more involved than a back and forth post ... or about any hard money lending questions.
Much success!
Bob

Post: New Member Introductions

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186

Welcome aboard Jovante.

Feel free to reach out any time by phone (see my profile ) to chat or ask questions that are more involved than those that can be answered on here.

Bob

Post: Questions about Loan Originator License (Florida)

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings.

Hard money or conventional?

Post: What’s the penalty for accidentally wholesaling a short sale?

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
I am not exactly certain what you are referring to because a short sale is what could be part of a pre-foreclosure event

Post: Mortgage broker recos in Chicago?

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings.

When you say investment knowledge, do you mean a regular mortgage banker or broker or a hard money lender.
If hard money, I can DM you some info.

Much success.

Post: Motel Financing Options

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings.
What is your experience in the hospitality industry? What is the largest occupied asset class that you own or have owned? These questions require answering before seeking funding in all practicality.

Post: REO - Can previous owner's spouse make an offer?

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186

The offer must be made to the r.e. agent representing the owner (the bank).

It is a slow dance.