All Forum Posts by: Justin Lee Taylor

@Scoop Schneider I have 16 deals in Arkansas right now that we are trying to assign

@devin 

@Devin Peterson They are spread out bewtween two counties in Craighead and Greene county in Arkansas. Repair cost are very similar to my 15 I have done. I have walked all 77 doors also 

Can I buy a 77 door single family portfolio sub to and then do a cash out refinance 1 year later? 

I have a seller that is willing to let me put $200,000 down and let me buy sub to. The terms are $200,000 down, buy sub to. Current loan is about 4 million on all of them. purchase price is 6 million. So i would need to do a cash out refi to pay off the 6 million purchase price. Is this similar to single family BRRRR? I have done 15 single family BRRRR's in the last year and half.

@Kathryn Farnese hey! I’m a local investor here with a lot of pre existing relationships with lenders, contractors, realtors, wholesalers, etc… if you have any questions give me a call

@Jen Menchaca I can hop on a phone call for any questions. I’m an active investor here in the Jonebsoro location

Hey give me a shout. I have rentals here and actively flipping here 

Who is good with the BRRRR's?

We’ve noticed that local banks are starting to dry up and not offering our cash out refinance on our rentals. We’ve had a couple banks that we’ve done business with in the past tell us that they’re stopping the refinance until the first of next year.

I know our options are to either sell or to go shop around with other banks, so that’s what I’m doing next but I was just curious if other people are running into some of the same issues?

@Trace J. I’ve done it 3 times. It’s legit

@Alexandra Beard not sure. But we can have one sooner than later!

This event is super casual! Lets meet up and just talk real estate