All Forum Posts by: Loic Assobmo

@Tyler Caruso what kind of terms and interest do you get on these loans? Are they similar to conventional terms?

Since Fannie Mae and Freddy mac prevent individuals from having more than 10 mortgages - how do investors by pass this to build larger portfolios?

@Evan Parker Hi Evan. I’m actually looking into Columbus GA. Got any connections down there. Looking to meet wholesalers!

My business partner and I are considering investing in Georgia. Can Any wholesalers in the area give us Pro’s and cons of investing in the area as well as strategies that have worked in this area?

@Mark Fries that’s interesting. Why do experienced investors not use them? Doesn’t that provide some extra level of protection for repairs?

Hey has anyone used home warranty for their rental properties? What are the companies that folks are using? What are the rates ?

Has anyone purchased using the seller financing purchase strategy? I’m having a hard time grasping the concept. Can someone explain to me using an example so I can see how your monthly payments differ from what they would be if you purchased conventionally?

A few quick question for seasoned investors:

1. When you do a brrr and you don’t have the full capital to finance the deal, is hardmoney lending your best option?

2. who are some good hard money lenders that work in the Georgia market?

3. To refinance out of a hardmoney loan, are there institutions that will refinance out earlier than 6 months if the arv is in the 50k range?

What are the laws regarding snow removal in Massachusetts- specifically chicopee. I always shovel the front side walk and stairs to create a way of entering and exiting. I also have a driveway and parking lot which I only shovel if there is a storm. Is there a specific height of snow that we are mandated to remove? Are there rules about having to shovel the drive way and parking lot for the tenants. I made no mention in my current leases.

Do folks have good hardmoney lenders in the Detroit market you can recommend?