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All Forum Posts by: Marvis Brown

Marvis Brown has started 1 posts and replied 7 times.

General Landlording & Rental Properties

Post: Security deposit account

Marvis BrownPosted
  • West Haven, CT
  • Posts 8
  • Votes 0
Quote from @Tristan Gardner:

Check out Baselane. https://www.baselane.com/

This allows you to set up different "buckets" to manage your money.

Have you used baselane yourself?
0 Votes
Private Lending & Conventional Mortgage Advice

Post: Lending

Marvis BrownPosted
  • West Haven, CT
  • Posts 8
  • Votes 0

Good idea Steve, any other opinions or programs???

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Lending

Marvis BrownPosted
  • West Haven, CT
  • Posts 8
  • Votes 0

6 condos in total for $233k, if he's not able to refinance in 6 months the exit strategy is to hold or to sell some or all. 

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Lending

Marvis BrownPosted
  • West Haven, CT
  • Posts 8
  • Votes 0

No conventional, he would refinance in 6 months into a conventional  

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Lending

Marvis BrownPosted
  • West Haven, CT
  • Posts 8
  • Votes 0

they have it under contract for 233k sorry for not providing in the last message 

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Lending

Marvis BrownPosted
  • West Haven, CT
  • Posts 8
  • Votes 0

The condos sell for 65k in that area, they are fully occupied with good roi. It's a package deal because the more you buy, the condos will be discounted. They already have the loan in place just need a loan of 5k for the downpayment. Yes they are all in the same complex 

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Lending

Marvis BrownPosted
  • West Haven, CT
  • Posts 8
  • Votes 0

Someone I know has a 6 condo package deal under contract which requires a 5k down payment. Which would be the Best way they should go about it???? Help with any suggestions,links,contacts ect .......

0 Votes