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All Forum Posts by: Cliff Graham

Cliff Graham has started 2 posts and replied 12 times.

Post: Investor/ Land Lord in Jacksonville, Fl

Cliff GrahamPosted
  • Rental Property Investor
  • Jacksonville / Neptune Beach, FL
  • Posts 13
  • Votes 5

Looking for mortgage brokers & conventional lending. 

I started buying SFH in 2008 with the goal of owning 4 or 5 properties. My OCD kicked in(again) and now I own 24 and it's looking like it will be 26 by the end of January. The majority of these assets needed rehab that we did ourselves other than subcontracting some permit required work.

I'm on 15% hard money and I haven't been late once on any loan. I'm looking to take out my lender (continue the relationship ) and replace with conventional loans, 15 - 20 year amortization , better rates , etc.....

Post: What do I do with this nightmare property?

Cliff GrahamPosted
  • Rental Property Investor
  • Jacksonville / Neptune Beach, FL
  • Posts 13
  • Votes 5
Marc, Do you have the time and skill - set to do any of the repairs yourself ? The work doesn't have to be showroom perfect and I'm always amazed at the equity that can be created by making necessary improvements without paying retail. Just an idea to consider. Good luck!