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All Forum Posts by: Dexter Markes

Dexter Markes has started 2 posts and replied 6 times.

Quote from @Denton Lewis:
Quote from @Matt Solis:

@Denton Lewis may be able to refer some title companies. The acquisition company he works for does many double closings.


 Absolutely! I work with Spartan Title here in town. They are very familiar with double closing. Steven Brouer is their escrow operations manager and can help out with getting you set up. I'll shoot you over his contact information. 


 Thank You Matt!

Denton I definitely would like to contact Steven Broker. Again thank you for the contact.

Thank You all so much for your quick reply to my inquiry. I will follow up as soon as I receive confirmation on my end. I should have or know by the end of 7/16.

- @ Daniel Paloscio -> I will follow up via DM.

- @Matt Solis &  Denton Lewis-> Sure I'm interested on the Title Company that can insure the structure is 100% from the onset i.e. - As a novice, I definitely want to work with an escrow agent that can advise all docs with consultation....Thank You!

- @ Kyle Mccaw -> Yes I have an end buyer...

Again thanks much, I will absolutely follow up!

Can someone share a Title Company that they've worked with in the Dallas Local as well as the  Ft Worth Local that will conduct a Double - Closing?

Open to multiples.


Thank You for your advisement.

Folks, I greatly appreciate your replies. 

And yes I will speak with lending one on Monday in order to establish a connection for potential transactions. I understand that sometimes rates may not always be exactly what you want or believe is ideal. 

However, there are multiple variables in my criteria of course rates being a Primary Criteria along with several others that I discreetly calculate in Ascending order.

The strength of my exit strategy is a key variable in determining whether I believe the Rate aligns with it as well. And on this project, I've already acquired 3 Pre-Sales Agreements.

I have 10 Townhome Units to build with an ASP of $245/ Sq. Ft....

Greg, thank You for your quick response. 

Has anyone completed a Multi-Family Development with LendingOne? 

I've come accross the site through research as an option to my Bank Lending arm due to the Crappy Terms that I was approved for with the conventional route. 

In Fact, I submitted an application in which LendingOne rep replied within an hour. However, I've never gone the internet route for private financing as to why it concerns me. 

I just decided to untether myelf from my local hardmoney lender as well as my local bank due to what seemed to be terms that's getting worse and worse. 

I'm interested in anyone that can share there experience with Multi-Family Private Lending Resources from $1.5 to $5 Million and specifically whether LendingOne is credible in this space.

Open to all replies and experiences!

Thank You In Advance.