All Forum Posts by: Evan Bambrick

Anyone know of a good co-op/arbitrage savvy investor that would be interested in renting out a triplex? This property is located in a spacious single-family neighborhood –it would make a phenomenal mid-term rental. 

Reach out with any questions! 

Hey guys! I've recently acquired some properties in Nashville and I'm looking for some contractor recommendations. I'll be doing some facelift/kitchen & bathroom remodels. Does anyone have a general contractor they have worked with in the past and could recommend?

If not a GC I'll take any recommendations I can get!

I.E. All cash invested $1m

Market value: $1.2m

= 83% cost to value (17% profit)

What are people usually aiming for at a minimum? 

Hello!

I have had some great success in the single family & small multi-family space over the past several years. Now that I've got some capital, connections, lenders and experience, I'm looking to break into the multi-family space.

I would love to consult with an experienced real estate professional to gain some insight on the following:

- Ways to structure partnerships on larger multi-family deals (15+ units)

- Building multi-family VS. Renovating multi-family/condo-conversion (and potential partnership structures for both)

I would be so grateful for some qualified advice and more than happy to pay a consulting fee. Recommendations are highly appreciated! 

Anyone have a recommendation for a good eviction attorney? 

The last eviction I had processed took way longer than it should have. Any advice is greatly appreciated! 

I've got several rentals that have around 40-50% equity in them. I'd love to pull some of that equity out without changing the existing loans I have on them since I got some great interest rates.

Does anyone know of a program that allows HELOC's on investment properties? (The existing loans I have are conventional, and the properties are held in my personal name if that helps).

Thanks in advance!!

I have several properties held in an LLC I'd like to cash-out refinance. I can't go conventional or I'll exceed my allotted 10 properties/name.

Is there a cash-out refi product built for SFH being held in an LLC? Having a hard time finding a lender! Any recommendations would be greatly appreciated :)

Thanks guys!

I am an experienced, qualified investor looking for a private money lender in Chattanooga TN who understands local market rent.

Details:

- 14-units, 7 duplexes, no renovation needed (10min from the Volkswagen Plant)

- Rent has not been raised since the 90's so traditional appraisals come in low

- Rent can be more than doubled

Terms:

- 12-18 Months

- Monthly interest-only payments PLUS points

- $1.6m rental portfolio to be held as collateral

- More than happy to verify all credentials

Please reach out if you would like to partner on this deal!

Investment Info:

Single-family residence buy & hold investment in Ooltewah.

Purchase price: $135,000
Cash invested: $60,000

Freshly remodeled single family ranch with separate basement unit in booming Ooltewah, Chattanooga TN, just minutes from the Collegedale, the Volkswagen plant and Southern Adventist University. Purchase price and renovation totaled approximately $195,000. In early 2021 the house was appraised at approximately $345,000.