All Forum Posts by: Emanuel Stafilidis

I am an Australian seeking finance for 2 properties I own in Cleveland Ohio.

I have completed a full rehab of the first property, have it rented and am now interested in refinancing the property.

I am currently rehabbing the second property and am looking for finance to complete the rehab and then to refinance once it has been rented.

If you are a hard and/or private lender interested in assisting me then please let me know

@Bradley Greenberg

I am interested in chatting about financing in Cleveland. Recently purchased 2 properties there.
PM me when you can.
Thanks,
Emanuel

Hi George,

I am interested in getting more information on this property.

I would probably buy it as-is however we can talk about your futther involvement.

Can you please send me all the information you have.

Thanks and Regards

Emanuel

[email protected]

Hi @christopherwilliams

I am interested in knowing more about your program. I am investing in Ohio at the moment.

Thanks

I just purchased a SFR in Cleveland last week and the purchase contract has the following clause;

"Grantee herein shall be prohibited from conveying captioned property for a sales price of greater than $XX,XXX.00 for a period of 3 month(s) from the date of the recording of this deed. Grantee shall also be prohibited from encumbering subject property with a security interest in the principal amount of greater than $XX,XXX.00 for a period of 3 month(s) from the date of the recording of the deed. These restrictions shall run with the land and are not personal to grantee.

This restriction shall terminate immediately upon conveyance at any foreclosure sale related to a mortgage of deed of trust."

I paid cash for the purchase and am now refinancing it to perform the rehab and the maximum loan amount is restricted to the amount in this clause.

Certainly caught me by surprise.

Lima One Capital have helps me purchase SFR's in Cleveland. They are good to deal with, gave me all the information I needed to make a decision, close quickly and are not overly expensive.

Hi all,

Has any one dealt with The Lending Hall INC. Commercial Finance Group? The principal of the group is Mr Hall Joshua. 

I'm not sure if this is a scam or legitimate. I responded to a post here on Bigger Pockets from loan officer Melodie Sickles offering private lender finance at 4%.

The process has been pretty easy and the contracts appear ok however there is a $1,580 origination fee that is to be paid into a personal account prior to the loan being issued.

$1,580 is not going to break me but I could do without a scam in my life.

Hi Rick,

I deal with Alison Giraldo at Russell Realty and found her to be very good.

PM me and I will provide her details.