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All Forum Posts by: Chris Davis

Chris Davis has started 25 posts and replied 37 times.

Post: In need of private funding

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Hey fellow BP's I am seeking private money to fund 2 single family houses. I plan to cash- out refinance within 30-45 days of initial closing. The amount I need to close is 25K. A first lien position would be drawn up with the private money investor as mortgagor. I can guarantee 10%  return on investment in 30 to 45 days! 

Post: Private money for excellent return in prime location in OH

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Hello fellow BP's I am seeking financing on single family house in what is considered a "prime location" the property is single family house 4 bedrooms, 1.5 baths, and 1 car attached garage. In need on medium repair. However, the asking price is 50K the ARV is 100K. Indeed, some equity in the game. Lets talk on terms. Thanks again for all the advice!

Post: Seeking advice on how to structure private money deal

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Hey fellow BP’s in need of some guidance on how to structure a real estate deal. I have a potential to purchase 2 single family house currently rented at $1100 per month. The total purchase price on both properties is 25K. I am seeking to fund the deal with private money partner @ Zachary Critchett. This would be are first deal with is type of real estate transaction. Can we get some insight on how to structure the deal to ensure both properties are protected and lending practices for the state of OH are followed. Just want to be extra careful to ensure this is “win win” for all parties in this particular deal. Thanks in advance for insight to help us achieve our goals!!

Post: 2 single family houses plus vacant lot

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Currently, I have 2 single family houses under contract seeking to sell with assignment clause. Both properties currently rented for combined gross monthly income of  $1100. Tenant pays all utilities.  Asking price for both properties is 50K. 

Post: Seeking private money to fund real estate deal

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Hello fellow BP's I am currently seeking a private money partner to finance 2 single family houses. Both properties currently rented out combined gross monthly income of $1100. This is short term financing 25K, I will have the ability to refi in 30-60 days after initial closing. I can provide provide property analysis upon request. Thanks in advance for everyone who took the time to view this posting. In addition, please let me know your terms (i.e. rate of return, points, etc)

Respectfully,

Chris

Post: Seeking private money partner to finance real estate deal

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Hello fellow BP's I am currently seeking a private money partner to finance 2 single family houses. Both properties currently rented out combined gross monthly income of $1100. This is short term financing 25K, I will have the ability to refi in 30-60 days after initial closing. I can provide provide property analysis upon request. Thanks in advance for everyone who took the time to view this posting.

Respectfully,

Chris

Post: Seeking private money to fund real estate deal

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Hello fellow BP's I am currently seeking a private money partner to finance 2 single family houses. Both properties currently rented out combined gross monthly income of $1100. This is short term financing 25K, I will have the ability to refi in 30-60 days after initial closing. I can provide provide property analysis upon request. Thanks in advance for everyone who took the time to view this posting.

Respectfully,

Chris

Post: Seeking private money to fund real estate deal

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

I am seeking private money investor (not hard money) to fund a real estate deal. I have an opportunity to purchase 2 single family houses and vacant lot for a package deal of 25K. Both properties are currently rented out with combined gross rental income of $1100 per month.  I am seeking short term funding (3-6 months) with all properties cross collateralized to protect the investor. I can email property analysis reports upon request.

Post: Commercial loans for LLC

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Gerald,

Thanks for your response to my posting. Sorry my first question was merely a statement that I was buying the two properties with great built in equity. Both properties are performing good rental history. Do you know if credit unions have seasoning requirements like most banks that want 6-12 months title before you can finance based on the appraised value versus purchase price?

Post: Using a land trust to cash out refi

Chris Davis
Pro Member
Posted
  • Investor
  • Springfield, OH
  • Posts 43
  • Votes 4

Thanks John and Wayne appreciate both of your inputs!