All Forum Posts by: Kirill Gerts

Hello Daniel. I'm private money lender with Blue Gate Cap. We are working across 50 states and I'd like to assist you with you deal. Just write down your plan, what exactly you wanna buy and what purpose for and I show you what you could get. Then shop around an pick the better and more convenient dea

0 Votes

Dallas, Texas

I think the best option here is to buy treasury bills with maturity of 4-8 weeks again and again. It works good if you need to protect/safe 200k-1m k$. For smaller amounts you can use banks CD's because it's no sense of buying that kind of securities.

1 Vote

San Diego, California

If you have good FICO you can get 100% on rehab and 20-25 % down payment. It's the better deal for the very first project. And after you'll get much better terms.

0 Votes

Quote from @Carlos Ptriawan:

Quote from @Jarret Durst:

Hello BP people. I’m going under contract for a house for 40k. This is great, but I’m running into some issues. My original lender said I have to spend at least 100k for a renovation loan (mortgage+renovation costs). Then other lenders are telling me there is no such thing. So, I’m lost, what would be the best approach for me? The house is estimated at $170k.

thanks y’all

I would say the house is 150k. Rehab cost is 100k ?
If I were you, I would run away from this house. Reward/risk is the lowest for this house.

vote for it!

0 Votes

Quote from @Jarret Durst:

thanks y’all

Just change the lender to more flexible one (like me;))

2 Votes

All Forum Posts by: Kirill Gerts

Kirill Gerts has started 0 posts and replied 5 times.

Post: Are there any Hard-Money Lender in Dallas?

Post: After I sell my home where should I store my money until I invest?

Post: Need Short term funding for BRRR

Post: Financing a house in need of some renovations

Post: Financing a house in need of some renovations