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All Forum Posts by: Dave DeMarco

Dave DeMarco has started 9 posts and replied 93 times.

Post: Invest in Fayetteville, NC

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

@Paul Schu If you could PM me that realtor info also please.

Thx

Post: Can anyone refer a good Agent in Cleveland Ohio?

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

Tim Murphy at Smartland was great for me a year or so ago when I took the trip to Cleveland. You can PM me for his info if you like.

Post: HELOC - request for referrals and sharing of experiences

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

PenFed Credit Union has been spectacular for me with HELOCS. Quick closings, good customer service, low fees, interest only payments and desktop appraisals in many cases. They will do up to 4 lines including your primary residence. I use them (HELOC's) to buy rental property for cash and pay the cash pulled from the other lines back. It is allowing me to scale quickly. My biggest problem right now is finding property that makes sense to buy.

Post: LLC Title Related Issues

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

@Danielle Scott

My clients had little to no money and there was no catch for them. If you contact an income based service explain your situation and ask for a referral to one that isn't. Keep calling - it only takes one informed person to get the info you need.  You can also call the 211 helpline and ask for a referral. 

I'm sorry for your troubles and am sure you will find a solution.

Post: LLC Title Related Issues

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

@Danielle Scott

Contact your local Legal Aid Society 1st thing in the morning. They will advocate for you free of charge. Connected my clients with them to good effect all the time in my former line of work. A google search and phone call will get you the results you need.

Post: Refi quicker then 6 months.

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

Post: Who is investing in East Cleveland 44112?

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

Post: Who is investing in East Cleveland 44112?

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

@Sanjeev Bhatia Where and when did you hear this info? This has been talked about for years. Be VERY CAREFUL if you invest here. My old job had me in this city and working with its residence often. It was a mess. No police force, trash MAYBE getting picked up, killings, drugs, crime and entire blocks of homes boarded up. 

Again I would love to know your source for this info...

Thanks

Post: 39 Local Credit Unions & Community Banks

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

@Andrea Hauserman @Cleveland M.

For HELOCS on NOO I have had great success using PenFed CU. 80% LTV, quick and easy with a desktop appraisal in most cases.

Post: IIP Property Management in Cleveland< Ohio

Dave DeMarcoPosted
  • Rental Property Investor
  • Pittsboro, NC
  • Posts 97
  • Votes 85

@Katie Sorensen @Megan McGinty

What has been the outcome Katie? Did you stay with them and if not who did you go with?