All Forum Posts by: Mark B.

@Rick Baggenstoss

The appraiser requested an inspection of the foundation by a structural engineer, before the bank can approve the appraisal.

I'm curious to know if anyone in the Twin Cities metro area is using the DealMachine app and if they have had any success with it?  Also, if anyone is a DealFinder through the app?  I've read a little bit on the website about the platform, but I'm guessing I''ll get better feedback on here.  Thanks!

@Brian Gerlach thanks for suggesting PenFed. I started the HELOC app over the phone with them in the end of Dec and they have been great to work with so far. The loan processor has been emailing me every couple days with updates on the progress and the only issue that came up she called right away on. Again, thanks for the suggestion!!

I’m wondering if anybody knows or has worked with a residential structural engineer in the Atlanta area that could perform an inspection on a house. I’m trying to refinance a property and the appraiser is requesting an inspection. Any help would be greatly appreciated!

Thanks

@Brian G. I tried to do the application for the HELOC with PenFed today online, and it says that I either have to have occupied the property previously or plan to occupy it in the future. Which I haven't occupied and don't plan to in the future. Otherwise it won't allow you to continue the application. With your experience with PenFed so far, have you been able to get a HELOC on a purely rental property?

@Casey Maeda

Do you know if they operate in the Cleveland market? I currently own one property in that area.

@Brian Gerlach

Thanks for the info Brian!

@Axel Meierhoefer

How has your experience been with Memphis and Bridge so far? I’ve bought 2 properties through the Roofstock platform in the last 2 years and enjoyed it, although technically not a turnkey provider.

@Casey Maeda

In what market did you purchase through Norada?

@Brian Gerlach

That’s good to know, easy way to qualify