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All Forum Posts by: Brent Markham

Brent Markham has started 2 posts and replied 24 times.

Post: Looking for Knoxville area realtor referral

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

@Tyler Knox I recommend and I can vouch for @Nick Cantey. I still use him to this day. 

Post: Good hard money terms?

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

@Ann Rosen could you provide the info to lenders who charge less please

Post: Typical Hard Money Loan Terms

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

Thank you @Tyler Combs

Post: Knoxville Chattanooga -Up to 100% Funding for your BRRRR Deals!!!

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

What is your number I have a few questions @Dan Beaulieu

Post: Home Inspector for Real Estate Purchase

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

They are in Knoxville

Post: Home Inspector for Real Estate Purchase

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

I just had mine through Home Inspection Headquarters. I am an out of town investor and they sent me everything via email with detailed inspection.

Post: Typical Hard Money Loan Terms

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

@Jonathan Taylor Smith I know this was answered awhile ago but do they have pre payment penalties with the interest only HML loans?

Post: Looking to take out a HELOC to get started in REI

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

@Ryan Schuler I just did the same on my house. I ended up going with PNC which is who currently has my loan. Just make sure you read the fine print on how they reach there percentage rates. They told me 4.4% but failed to mention that was with auto payments, opening a bank account and taking out the entire amount once funds were received. So I ended up getting mine for 5.5% which is still good considering I have cash at hand for both buy and reno.

Hi @James Johnson, I could be wrong but both times I have done a HELOC it was based off the equity I had in the house. Even then I was only able to borrow 80% of the value of the house. Meaning house is worth 100k, my mortgage balance is 60k, I have 20k to borrow for my HELOC.

 If you are buying a new construction I am not sure the amount of equity you will have right after purchase. 

Post: Knoxville Contractor Recomendation

Brent MarkhamPosted
  • Fort Lauderdale, FL
  • Posts 28
  • Votes 7

@Kendra Ellis I sent you a PM

@Nick Cantey I sent you a PM