All Forum Posts by: Shedrick Nettles

Hello David,

Cash out refinance holds many opportunities if you have a definitive course of action and exit strategy or repayment plan. Keep in mind that you are removing a considerable portion of the equity out of the property and getting a new first lien against it. Sometimes borrowers are faced with too many options after cash out refi and it makes for a difficult time in staying the course on an already income producing property because of the current mortgage. The process for a cash out refi should be pretty simple and straight forward and should not have an exorbitant amount of fees or upfront cost. Normally you would pay for an appraisal and maybe non owner occupant insurance if you don't already have this but other than that depending on your source the whole process shouldn't take more than 30 days to cash in hand. I have a few sources that I work with directly if you are interested. Rates are low and there is no tax return required. You do need a 650 mid fico to qualify but other than that there is not much else. If you need help, let me know.

waste of time and money...don't do it with dohardmoney...they are gonna give you alot of promises and never deliver on funding...happened 4 times to me with them and still no return. They say 100 percent financing and it may be on paper but its not like that in reality.

This is a true example of how a real estate investor should see opportunity...Great job man!

In regards to dohardmoney.com

I have found their service to not be satisfactory. It is well organized but it doesn't work like they say. I have submitted several deals at 650 dollars per inspection BPO and I have yet to close a deal and for really petty reasons. They even said oh it's not a problem with us but with you...we have several other investors in your market who are closing deals with us and they have yet to provide references. Keep your money find a real lender it's an awesome waste of time and effort. Especially when you factor in EMD and other costs out of pocket. 2000.00 for access to the software and 5 - 650.00 inspections later and still no deals done because of crime or crime and crime or crime and crime...either way its crime. 75K spread in one deal - crime 650.00

42k spread in another deal - crime 650.00

83K spread in another - crime 650.00

17500.00 spread in another - crime 650.00

Plus the software 2000.00

I pulled out after the last one so I can't offer any other information. I haven't asked for a refund because there will be none.

In regards to dohardmoney.com

I have found their service to not be satisfactory. It is well organized but it doesn't work like they say. I have submitted several deals at 650 dollars per inspection BPO and I have yet to close a deal and for really petty reasons. They even said oh it's not a problem with us but with you...we have several other investors in your market who are closing deals with us and they have yet to provide references. Keep your money find a real lender it's an awesome waste of time and effort. Especially when you factor in EMD and other costs out of pocket. 2000.00 for access to the software and 5 - 650.00 inspections later and still no deals done because of crime or crime and crime or crime and crime...either way its crime. 75K spread in one deal - crime 650.00

42k spread in another deal - crime 650.00

83K spread in another - crime 650.00

17500.00 spread in another - crime 650.00

Plus the software 2000.00

I pulled out after the last one so I can't offer any other information. I haven't asked for a refund because there will be none.

In regards to dohardmoney.com

I have found their service to not be satisfactory. It is well organized but it doesn't work like they say. I have submitted several deals at 650 dollars per inspection BPO and I have yet to close a deal and for really petty reasons. They even said oh it's not a problem with us but with you...we have several other investors in your market who are closing deals with us and they have yet to provide references. Keep your money find a real lender it's an awesome waste of time and effort. Especially when you factor in EMD and other costs out of pocket. 2000.00 for access to the software and 5 - 650.00 inspections later and still no deals done because of crime or crime and crime or crime and crime...either way its crime. 75K spread in one deal - crime 650.00

42k spread in another deal - crime 650.00  

83K spread in another - crime 650.00

17500.00 spread in another - crime 650.00

Plus the software 2000.00

I pulled out after the last one so I can't offer any other information. I haven't asked for a refund because there will be none.

In regards to dohardmoney.com

I have found their service to not be satisfactory. It is well organized but it doesn't work like they say. I have submitted several deals at 650 dollars per inspection BPO and I have yet to close a deal and for really petty reasons. They even said oh it's not a problem with us but with you...we have several other investors in your market who are closing deals with us and they have yet to provide references. Keep your money find a real lender it's an awesome waste of time and effort. Especially when you factor in EMD and other costs out of pocket.

In regards to dohardmoney.com

I have found their service to not be satisfactory. It is well organized but it doesn't work like they say. I have submitted several deals at 650 dollars per inspection BPO and I have yet to close a deal and for really petty reasons. They even said oh it's not a problem with us but with you...we have several other investors in your market who are closing deals with us and they have yet to provide references. Keep your money find a real lender it's an awesome waste of time and effort. Especially when you factor in EMD and other costs out of pocket.

In regards to dohardmoney.com

I have found their service to not be satisfactory. It is well organized but it doesn't work like they say. I have submitted several deals at 650 dollars per inspection BPO and I have yet to close a deal and for really petty reasons. They even said oh it's not a problem with us but with you...we have several other investors in your market who are closing deals with us and they have yet to provide references. Keep your money find a real lender it's an awesome waste of time and effort. Especially when you factor in EMD and other costs out of pocket.

Hello Alesha, get your feet wet. i have a strong team in the new orleans area. Reach out to me so I can help you move forward! Be encouraged and do well!