All Forum Posts by: Matt Allen

I'm looking for a lender for an STR property in Michigan. Does anyone have any recommendations?

I know that I'm coming in late to the forum question, but wanted to give my two cents. I have used Lendsimpli for 2 cash out refinances now and am in the middle of 2 others. The properties I have been refinancing are in the $70-$80k value range and they were the only company that I could find that would do the loan as low as $50k so it's worked great for me. I am trying out my first new purchase loan with them, so we'll see how it goes! They are a legit company and have gotten the job done for me.

I know that I'm coming in late to the forum question, but wanted to give my two cents.  I have used Lendsimpli for 2 cash out refinances now and am in the middle of 2 others.  The properties I have been refinancing are in the $70-$80k value range and they were the only company that I could find that would do the loan as low as $50k so it's worked great for me.  I am trying out my first new purchase loan with them, so we'll see how it goes!  They are a legit company and have gotten the job done for me.

We just found a property that would need a major rehab. Curious what the community says/thinks when they see signs of termites and wood subfloor rotting. Our first thought is to run. 

Hi there! I’m new to Bigger Pockets and new to investing. I’m glad that I found BP. I’m working on growing my buy and hold portfolio. I’m excited to learn from so many here!