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All Forum Posts by: Drew Poniewaz

Drew Poniewaz has started 21 posts and replied 91 times.

Post: Networking to expand my business to nearby Midwest states

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Nathan Murith

What is your main strategy in this market?

Post: My first investment project in 10 years.

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Robert Alexander

Great. I love Sub 2.

Post: SFR BRRRR Project in Saint Louis MO

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Mario Rosales

Nice work. St.Louis is a great market.

Post: Rental Investment SFR

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Julie Kubicki

Nice work on your two investments.

Post: Owner Financing Refinacing

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Daniel Wrentz

Once you transfer the deed to the end buyer you cannot borrow against the property. You would however be able to bring in private money to pay off the original loan and offer the first position lien as collateral for the loan. But more than likely a bank won’t lend in this situation.

Post: St Louis single family home Insurance agent

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Josh Heinen Tom Gerber Premier Insurance Agency

314-420-4866

Post: How do you Owner Finance??

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Sanden Leavers I can help you try to figure something out if you want to reach out to me.

Post: Owner Financing / Creative Financing

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Chris Allen find out how much would not affect the Medicare and structure a deal around that amount. I would be willing to help you brainstorm if you would like to reach out to me. There has to be a definite way around the income portion.

Post: First Creative Finance Deal

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Jason Runkel good deal. Tell us a little about your cash flow and how long you expect to get your cash back.

Post: Investors! Do you like wholesalers?

Drew PoniewazPosted
  • Investor
  • Saint Louis, MO
  • Posts 99
  • Votes 15

@Ruby Ruiz. I love working with good wholesalers that bring me good properties in St. Louis. I don’t want to look for them. I’ll gladly pay an assignment fee as long as it fits my model.