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All Forum Posts by: Erol Shashaty

Erol Shashaty has started 1 posts and replied 8 times.

Post: Looking for my core team

Erol ShashatyPosted
  • Posts 9
  • Votes 5

Molly, Since it has been about a year since you started investing in Cleveland, I would love to have your feedback on potential inspector/contractor etc that you worked with and are happy with.

Post: Looking for my core team

Erol ShashatyPosted
  • Posts 9
  • Votes 5

Hi, I am based in Montreal but investing in Cleveland. I need someone to visit and evaluate SFH and Small multi family properties let me know if there is any major problems and give me an idea of the Rehab / Repairs required.

We are planning to buy a lot of houses n 2025. Any suggestions?

Ziad, do you have any experience with a US corporation owned 100% by non US people?

We have a US company and a bank account in Delaware. We will have a bank account in OH too. I am not worried about landing at this time. All I am asking is a reference to a bank that has a good web site that will allow me to do all my online transactions and be easy to work with.

We did not connect with a local credit union or any other financial institution yet. What do you suggest?

Any suggestion on the Bank I should use to have an account?

Just to clarify. 

We will be investing through a US corporation and all partners (and there are many) are foreign nationals so we cannot give any personal guarantee or collateral. Remember its an Investment Fund. A DSCR loan requires personal guarantees, so it will not work.

Can we find landers that can extent financing based on the value of the asset only. Nothing else.

Thanks

Hi,

We are an overseas fund that will start investing in Cleveland area residential properties. 

Any suggesting on which bank to work with. Which bank in Cleveland is easier to work with and our of country investor friendly.

Thanks