All Forum Posts by: Glen Beringer

I use a local broker.  Happy to pass along his info as well.  He will only lend for properties 4 units and under though.  I am on my 3rd property with him, set to close at the end of the month.  They sell all of their loans so it would have to be a conforming loan, which would have less wiggle room than a bank looking to hold their own loan portfolio.  

Hi Eric,

Where in DE are you interested in investing?  I invest and have a bunch of good contacts in the Wilmington area.  I've got a very investor friendly agent that a few folks form BP have used and liked, a roofer, granite contacts, etc.  My agent normally knows of what is coming down the pipeline before it hits the market so he is good to know (PM me if you'd like his contact information).  Happy to help if you need anything or would like to get a tour of Wilmington if you are not familiar with the neighborhoods. 

All the best,

Glen

 Yes I still invest in Wilmington but I don't currently purchase with cash or hard money. 

 Wilmington is better for me!

What neighborhood is the property located?  Might determine whether or not they will come out and work on it.  I doubt either of them are willing to dodge bullets to make a buck. :-P

 I've got a guy that does masonry work for me that may be able to do it for cheaper.  He is kind of shady though so I am somewhat hesitant to give him my "recommendation."  

Also- I have a guy that does full rehabs but started his company as a roofing and chimney company.  The chimney part of this is what makes me think he may be able to help you out.  His full kitchen gut rehab price was 10K lower than anywhere else I got quotes and he did a great job and warranties the work.  He charged me a flat labor price and billed through the exact materials price from home depot.  

My contractor would do it for about 8K which is what he quoted me for a 45sq/ft complete gut rehab.  I used someone else that I don't like as much and he cut a few corners- it was 6K. Personally, I would go with the 8K guy.  I used him on my kitchen and he did a good job.  He is licensed and insured and warranties the work.

Let me know if you would like either of their numbers.

What kind of price range are you looking for?  I've got a contractor that did good work at good prices, and is normally fast, but was really slow on my last project due to too many projects going on.  They would be pretty quick I'd think as long as you make the timeframe for which they have to complete stick in writing with a penalty for not completing on time.

I've got a good flooring guy.  I have a cheap option for granite and a more expensive option that was definitely better quality work.  (600 dollar difference though.)  Depends if you want something for a rental vs flip or for your own house. 

PM me and I will get you the contact info sometime today.

@Sheila Jani - if you would like my Realtors contact info please send me a PM.  He has a large list of investors he searches for.