All Forum Posts by: Max Grenader

Thank you for the response Charles! 

HA- I enjoy your viewpoint on GC's and Banks. 

I appreciate the tip and think that's a great idea about looking for reliable workmen early at Home Depot, I recall Josh and Brandon discussing that technique in one of the podcasts also. 

Is your contractor in Baltimore a GC who undertakes the entire project for you? May I ask how you made that relationship? (just as a guide from someone who's experienced)

Thanks again for the reply and good luck with your project!

Hello Colorado! I am currently seeking a reliable general contractor to give a bid on a multifamily rehab 30 minutes west of Denver. I know many contractors do not like to travel far outside their area so I would prefer to find one as close to the property as possible, but if anyone knows of a GC in Denver that doesn't mind working in the mountains- I would love to contact them and give them some business! 

The rehab would include but not be limited to- 

Carpet removal

Removal of fluorescent lights and replacing with LED domes 

Patch and repair minor drywall

replace door

Install ceiling fan

Prime and paint

build closets in 2 bedrooms

place laminate flooring throughout unit 

kitchen flooring

install kitchen

bathroom- shower, flooring, paint

Thanks for any suggestions you may have! 

-Max

When starting a Real Estate Investing LLC that has no credit or cash flow, but has large sums of cash reserves, due to deposits from private investors who own a % in the LLC, what are your options in terms of loan mortgage financing? For example, a newly formed LLC has $500K , but no credit or cash flow, typically what type of loan options are available if this LLC wants to purchase a multi-unit apartment complex well exceeding $500K? How much is a bank usually willing to loan a company in this position during a hot RE market with low interest rates?

Greetings Bigger Pockets community from Denver/Boulder CO. I am new pro-member to the BP forum, but have been listening to the BP podcast for several months now and I’m eager to expand my knowledge. I’m starting a real estate investment company with my business partner @DanielE30. We are currently both working on real estate licensure course-work in order to obtain our licenses before the end of this calendar year. We are concentrating on buy and holds, but are working towards versatility.