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All Forum Posts by: Bob Reinhard

Bob Reinhard has started 32 posts and replied 465 times.

Post: Waiting 2 Years Before Investing

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Welcome aboard Benedict !!!  Shout out ftom Queens here. [Met fan ... lol]

Feel free to reach out to me at any time for questions to go over that LLC thing and what is or is not involved ... or for anything else more involved than a back and forth post.

Much success - happy investing !!! Bob

Post: Pulling Equity out of Property

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings Kristen:
There are lenders in my area that are credit unions and they will permit an LLC refi at 75%-70% value, after an ownership seasoning period of 6-12 months, lender dependent.  Look along that avenue where you are.
Much success.
Bob

Post: New BP Pro Member - Full-time Realtor and rookie investor

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Welcome aboard Angel!!! 

Feel free to reach out to me at any time for questions that are more involved than a back and forth post.

Much success - happy investing !!! Bob

Post: Stopping Foreclosure on a Decedent's Property

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings . 
Without being an attorney, I would argue that any current agreement is meaningless.  Only the executor has power to sell, and she cannot bind the sale of the property to you because she is not now the executor.
Much success.

Post: New Member - New Jersey

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Welcome aboard Simon!!! 

Feel free to reach out to me at any time for questions that are more involved than a back and forth post and any lending inquiries.

Much success in team building & happy investing !!!

Bob

Post: Buyers for wholesaling

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Welcome aboard Phoenix!!! 

Much success with this.

That is a bit much for me to comment on cleanly here.

Feel free to reach out to me at any time for my thoughts on that.
Happy investing !!!

Bob

Post: Loan to convert 2 family to 3 family

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings.
Is the property that you own your residence?
If not, is it in the name of a non-natural person?
If so, is the any lien/mortgage on the property at present?
On the borrowing end, what loan to value are you looking at?

Bob

Post: Having Many Lenders Financing Different Deals 4U

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Greetings.
Options are good ... but an option of developing a relationship among a few lenders over time might also be worthwhile.
Bob

Post: new real estate investor

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Welcome aboard Diamond!! 

Let all that you have overcome in adversity provide you a solid path to move forward.

Feel free to reach out to me at any time for questions that are more involved than a back and forth post.

Much success - happy investing !!! Bob

Post: New member introduction

Bob Reinhard
Lender
Posted
  • Lender
  • Patterson, NY
  • Posts 488
  • Votes 186
Welcome aboard Josh !!! 

Feel free to reach out to me at any time for questions that are more involved than a back and forth post.

Much success - happy investing !!! Bob