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All Forum Posts by: Henri Meli

Henri Meli has started 43 posts and replied 981 times.

Post: Reonomy - need review?

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

@Brian Bisellach . Depends what you want to do, how much time and resource you have to look for alternatives... $12k could be a bargain ... or wasted money... Each use case is unique and different. 

Personally, I don't use it because Multi family is no longer my focus at this time. But the data they provided was good quality and quick to access.

Post: Process of buying land for development

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

@Drewy Osazuwa. Thanks a lot for all the information, This is invaluable information for a newbie like myself.

Post: My First Land Development Deal - $50k in 6 weeks

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672
Originally posted by @Jay Hinrichs:

nice work we are working on a software program that will do this same thing..  create lots no one knows about that's where the money is made there are just trillions sitting there waiting to be plucked if you know how to work it.. Very excited about it.

also I bet the wholesaler crowd is cringing you went around the wholesaler  LOL.. 

 Curious about the software you said you been working on.

I'm looking to develop some land here. I own many acres that I bought several years ago. And I'm trying to figure out my next steps.

Post: My First Land Development Deal - $50k in 6 weeks

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

@Michelle Ellis : Congratulations. Job well done.

Post: How I added over $750,000 in value in 18 months of ownership

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

After talking to a friend today, I realized I had not updated this thread for a while. 

In December 2019 ( prior to Covid ), I sold this property for roughly $2.3 Million. At the time, I thought it was below market, but given what we have experienced since Covid, I'm glad I was able to sell it for that price. 

All in all, a very successful investment. 

Thanks again to all who help along this journey.

Post: Lots of equity in house, but poor credit: What are refi options?

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

@Caroline Gerardo 

Thanks for your reply. No tax leans, No judgements. Really good income right now. My friend's main concern is his ability to find a lender who can work with him. He understands very well that his credit will need improvement and he is working on it. 

Post: Lots of equity in house, but poor credit: What are refi options?

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

A friend own a house with lots of equity. Unfortunately, he let his credit slip for various unfortunate reasons. What are his best options to refinance his house, pull some equity and explore real estate investing?

Thanks for any constructive suggestion !!!

Post: Looking for a real estate investor attorney in Durham, NC

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

Thanks @Joseph Firmin for the head's up. 

@Shanequa Dames . I have sent you a Message.

Post: Building on Wetlands in Florida

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

@Joshua Lyon . I'm curious how this went. Were you able to build? 

@Will G. Was your friend successful at building?

I have a similar scenario with part of a land (less than 10%) I have under contract marked as wetland. 

Post: What would you do with 10 acres of Land surrounded by 3 lakes?

Henri MeliPosted
  • Investor
  • Morrisville, NC
  • Posts 1,014
  • Votes 672

@Bill B. . Thanks. Zoning seems like one of the very first things to research in-depth.