All Forum Posts by: Bobby Feinman

ATTN INVESTORS: This is a rare find in a VERY desirable location. Odenton has been recognized by BestPlaces as one of the top 25 cities in the U.S. for education, health care access, economy and quality of life. https://www.bestplaces.net/rankings/city/maryland/odenton

April Appraisal - 375,000 AIV and 700,000 ARV Estimated Rehab is 175,000

Sales Price is 375,000 Firm

Email or call Bobby Feinman for more Details:

757-222-5937 [email protected]

ATTN INVESTORS: This is a rare find in a VERY desirable location. Odenton has been recognized by BestPlaces as one of the top 25 cities in the U.S. for education, health care access, economy and quality of life. https://www.bestplaces.net/rankings/city/maryland/odenton

April Appraisal - 375,000 AIV and 700,000 ARV Estimated Rehab is 175,000

Sales Price is 375,000 Firm

Email or call Bobby Feinman for more Details:

757-222-5937 [email protected]

@Miranda Yanez

Miranda

We will go to 80% cash out depending on where the property is located. What is the address of the property?

Bobby

ATTN INVESTORS: This is a rare find in a VERY desirable location. Odenton has been recognized by BestPlaces as one of the top 25 cities in the U.S. for education, health care access, economy and quality of life. https://www.bestplaces.net/rankings/city/maryland/odenton

April Appraisal - 375,000 AIV and 700,000 ARV Estimated Rehab is 175,000

Sales Price is 375,000 Firm

Email or call Bobby Feinman for more Details:

757-222-5937 [email protected]

ATTN INVESTORS: This is a rare find in a VERY desirable location. Odenton has been recognized by BestPlaces as one of the top 25 cities in the U.S. for education, health care access, economy and quality of life.  https://www.bestplaces.net/rankings/city/maryland/odenton

April Appraisal - 375,000 AIV and 700,000 ARV Estimated Rehab is 175,000

Sales Price is 375,000 Firm                         

Email or call Bobby Feinman for more Details: 

      757-222-5937   [email protected]

@Max Tulberg

Max - Congrats! 

The best way to connect with investors in the DMV is Facebook groups and meetups. There are several FB groups for real estate investors in the DMV. I also suggest that you join meetup.com and you will find real estate investor meetups in your area. There are also REIA groups that you can join. A simple google search will lead you to them.

Hope this helps. I am down the road in VA Beach and we are very active in your area. Happy to assist you with any funding questions/needs you and your clients have. GOOD LUCK!

Bobby

@Zachary Chrisman

Hey Zac, congrats on starting your flipping business. I am nearby in VA Beach. Let me know if I can assist you with your funding needs!

Bobby

@Max Tulberg

Hi Max, congrats on getting your license! There are a number of ways to connect with investors in your area. I would go to meetup.com to find local investor meetups in the DMV. There are also REIA groups in your area. There is also the National REIA that has REIA's all over the country. you can go to their website for more info.

Good luck and let me know if I can assist you and your clients with their funding needs!

Bobby

@Nicholas L.

Sorry to hear about your experiences with others. 75% is the standard max cash out in the industry. We have a program that will go up to 80% that is state specific. To be eligible for 80% cash out, the property must be located in one of the following states:

AL, AZ, CA, CO, GA, MI, MN, MO, NC, PA, TN, TX, UT, VA, WA

With respect to seasoning, as long we can verify that the property was improved by the borrower after they purchased it, there is NO seasoning requirement for the 80% program. 

Hope this helps. Let me know if I can assist you!!

Bobby

@Leanna Nixon

Hi Leanna. Congrats on your first BRRRR!! Our DSCR programs go up to 80% cash out and have NO seasoning requirement as long as the property is improved, which is the case on your deal.

Would love to jump on a call!

Bobby