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All Forum Posts by: Barrington Duncan

Barrington Duncan has started 20 posts and replied 45 times.

Looking for some information on Lenders who are lending on buy and holds. I have a townhouse the would be a great investment property, below market value and is in a great area. Any suggestions on how to get a good lender?

Post: using land as collateral for private money loan

Barrington DuncanPosted
  • Newport News, VA
  • Posts 47
  • Votes 0

@joegore the land is free and clear.

Post: using land as collateral for private money loan

Barrington DuncanPosted
  • Newport News, VA
  • Posts 47
  • Votes 0

I have a vacant lot, is there a way I can use the land to aquire a private money loan to fund a fix and flip? If anybody has done this before the information would be helpful.

Post: Refinance Vacant lot is it possible?

Barrington DuncanPosted
  • Newport News, VA
  • Posts 47
  • Votes 0
Andrew Hofing Joshua Dorkin

Post: Refinance Vacant lot is it possible?

Barrington DuncanPosted
  • Newport News, VA
  • Posts 47
  • Votes 0
I brought a vacant lot in Newport News, Va from Wells Fargo REO Dept. Can u refinance land? The property assessment values is $10,000 is they a way to do this! And with who? The property is in a LLC , paid for it as a cash deal!

Post: Refinance Vacant lot is it possible?

Barrington DuncanPosted
  • Newport News, VA
  • Posts 47
  • Votes 0
I brought a vacant lot in Newport News, Va from Wells Fargo REO Dept. Can u refinance land? The property assessment values is $10,000 is they a way to do this! And with who? The property is in a LLC , paid for it as a cash deal!
Wayne Brooks The question is I'am trying to flip houses but the HML said I need to have the property under but I need the proof of funds letter from the HML to go with my offer. I have the EMD, so how do I put it under contract with it being a MLS property it's not a private seller? This is to purchase the property before rehab! Dawn Anastasi
J Scott Jim Blatchley Dawn Anastasi any suggestions!!!

I have a problem how can I use the MLS because I don't have a private buyers list as of yet. I have a hard money lender to fund a deal but they need for me to have the property under contact but it's a MLS property, I have to put my earnest money deposit down with the proof of funds letter how do I go about doing this when I done have the property under contact because I need the proof of funds to submit with the offer to get under contact. What can I do to give to the Hard Money Lender to show them as well with the scope of work from the contractor for the rehab budget? Any suggestions?

Post: What is the best website to find Private Sellers?

Barrington DuncanPosted
  • Newport News, VA
  • Posts 47
  • Votes 0

I'am new to real estate investing, I have a Hard Money Lender but I need to find Private Seller so I can make some deals, so what is a good website to find Private Seller! Or what is the best way to find them?