All Forum Posts by: DeAnna Fraser

Hi all, I’ve been referred by a broker to Plush Funding to get out of a tough situation. Does anyone have any experience with them?

TIA!

I just moved out of PC but would love to connect and follow the project!!

I would say it is overpriced in the Bronx. I've been looking here off and on (I'm a local) and have yet to come across a deal. The prices are so high, there's so much work to be done to the houses and the resale prices aren't holding weight so you can't project to make a profit. I'm considering different markets becasue I'm not getting any headway in the Bronx.

I'm interested in NY - Bronx and westchester

Hi Jeffrey, congrats on your first deal!  Understandable regarding the contractor.  Where is the property located (just the town)?  I know a contractor and met another at a meetup last night that you should probably interview!

Hi Kimberly, welcome to BP!! I'm from NYC and it's so competitive and expensive here, even in westchester. I like where you're going with the rental buildings in Newburgh. Let's connect and brainstorm!

@Ceasar Rosas thanks for the advice!  Will do!

@Jacqueline Pelzer let's do it!  Let's connect!

Hi everyone!  I'm an investor in NY and have put an offer on a multi-family unit that has two units with the potential to add another (in the already existing space).  My husband and I would live in one unit but we need to finance the deal, using hard money and private money as well because the home is in foreclosure and needs to be renovated before moving in.

How would you structure the financing?  There aren't many banks that offer 203k loans in our area and we would prefer to have more options with contractors as only a few work with 203k loans.  

Would you use hard money and then refinance?  There aren't many multi-family units in the area but it's an extremely desirable neighborhood in a great school district, so we are eager to move forward

Any advice is greatly appreciated!!!

Hi everyone!  I've been on bigger pockets for some time but would like to meet investors in my area.  If anyone is working in the Bronx or Westchester, let me know!  Would love to meet up!