All Forum Posts by: Janis Buongermino

Dan,

This is exactly what I was looking for, thank for providing next steps, I was not sure If I should be searching local banks, mortgage companies or online lenders or a combo. For online lenders - I was hoping people on this site might share their experiences with good lenders because I am not familiar with them.

I was also hoping to get an idea of what a good package looked like in Florida, but I guess I will know this with my research and spreadsheet numbers.  

Thank you so much for sharing!!  

Janis

Hello @Alexander Castro - Thank you so much for reaching out. I am very interested in that area, I stayed there for 3 months many years ago. You are a Buyers agent? My first step is trying to figure out where to get the Home Equity Line of Credit with the best LTV and low costs. Once this is done, I will be good to go!

Until I get the HELOC I would be looking at homes at $100k or under. Lets connect!

@MikeS this is where I am stuck, I do not know what good terms are.... I don't have anything to compare what will be presented to me to what are great loan terms. Are there any websites you can recommend with a 30 yr loan that I can get up to speed or any recommendations? This is for sure, my pain point. 

Thanks again,

Janis

Thanks again.

@Mike S. Thank you, so research Lenders until you find the best rate and LTV?

@zekeliston thank you!!

Thank you @Lanash Latheef 

@Mike S. It is on my primary residence. Great info, I had no idea it would take that long. I read where you should apply to several places in the same day because of credit scores being accessed, is that true?

Should I pay for an appraisal before applying?

@Remington Lyman I will most definitely take a look, thank you

Hello All,

I think this is one of the most incredible "communities" I have ever had the pleasure to be a part of! It is win-win situation for newbie investors like me and all of you amazing Gurus!!!

I am looking for recommendations on where to apply for a HELOC in Broward County, Florida? Do I apply to one bank or several?

I would like to buy single or multifamily homes in Ohio, Florida, North or South Carolina, Georgia, or Tennessee. not sure if I would rehab and flip or hold and rent. I think it would depend on the property. I did well with my last investment which I also lived in for many years and rehabbed. 

I would also like to connect with Realtors that work with lower priced homes.

Thank you for your time!

Hello everyone, I am a newbie and so excited to be here on this site!!!

I am in my 2nd Condo, rehabbed the first, lived there a long time and did well on resale several years ago, now I live in a condo and I will be applying for a HELOC in Broward County, FL.

I would like to find investments to flip or hold and rent, out of state is fine too. Would love to find the cheaper homes and do so rehabbing.

Thank you!!