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All Forum Posts by: Tatiana Gershanovich

Tatiana Gershanovich has started 67 posts and replied 152 times.

Post: New guy in Seattle looking to start investing!

Tatiana GershanovichPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 156
  • Votes 141

There are still flips to be done in greater Seattle area. But with market being so hot, you have better chances to get a decent deal if you are prepared to do heavy rehab. All light rehabs are either overbid by cash investors (I mean, the ones that don't use hard money) or even bought by retail buyers who don't look for a profit.  

Post: Subject 2 HELOC

Tatiana GershanovichPosted
  • Real Estate Investor
  • Seattle, WA
  • Posts 156
  • Votes 141

Hey Shawn,

when an escrow officer request a payoff in the form of a "frozen demand" to the holder of the HELOC, won't it tip off the bank that the house is being sold and it will trigger Due On Sale clause?