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All Forum Posts by: Daniel Smith

Daniel Smith has started 5 posts and replied 8 times.

Post: Looking for rockstar mortgage broker

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

Hey BP. I am looking for an amazing mortgage lender who can find the best loan available. I am looking to purchase a property with my dad (under his name) with a co-signer involved.

If that is in your wheelhouse please let me and the property I want I have in mind.

Thank you

Post: Sober living and halfway houses

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

Hello BP,

A friend of mine runs a drug rehabilitation facility and he is growing at a very rapid place. Due to his large influx of patiants he has run out sober living houses to host all his patients.

He wants me to open up transitional houses or halfway houses in order to host patients. I have been doing some research but I would love to connect with anyone that has experience in this field.

Post: I’m thinking of using my rental as a sober living house

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

@Laura Serrato did u ending going the sober living route

Post: Buying near a Walmart

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

What does Walmart mean for the area.

Does it mean that it's mostly lower income market or they choose mostly o density of the population?

P. S. I Know it's probably many factors but what does a Walmart generally mean for a market.

Post: How to run comps for property value

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

How do I run comps on a houses in to know ARV?

Zillow and redfin have been very unhelpful?

Post: Has anyone heard of Ramay financial llc

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

Hey BP, has anyone heard or used Ramay Financial LLC in the past or know someone who has?

They provide very favorable terms and I am interested in using them for funding.

They loan with a minimum 75k purchase, but they don’t charge any points. I was wondering how to they make money?

Post: Proof of funds for hard money

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

@Willie A. James III. I’m getting a loan for a hold. It’s not in 401k it’s in a vanguard portfolio.

Post: Proof of funds for hard money

Daniel SmithPosted
  • Rental Property Investor
  • Long Island City, NY
  • Posts 10
  • Votes 0

@Brandon Plombon smart I’ll try to see if they r cool with that