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All Forum Posts by: Jim Blackburn

Jim Blackburn has started 26 posts and replied 264 times.

Post: God bless the Florida west coast

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

Post: Thank you Holly! Purchase Preapproval - 10 Day Close.

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

Big shoutout to Holly Fontyn. Holly's been with the Jim Blackburn mortgage team for 4 years now. She's been an incredible asset by maintaining open communication with our real estate clients and partners on each loan from start to finish. Holly also assists our agents with co-branded educational flyers to grow their client base and expand their listing portfolio. We are very thankful to have Holly as a member of our team!" Thank you Holly! 👏👌🙏💪👍

To get started with your REAL ESTATE PURCHASE PREAPPROVAL, CALL HOLLY at 773.234.2584 or CLICK HERE - www.mortgagemanjim.com/apply

Crosscountry Mortgage lends in all 50 states.

Post: Up to 85% LTV Commercial Funding to $10,000,000 in SE Florida

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

*Call 773.234.2584 to discuss your project. 

Project

both purchase and refinance

motel and hotel renovation

high-rise construction

5+ unit apartment buildings

retail offices

warehouses

mixed use residential / commercial

condotel

Subject Locations

southeast florida

broward county

dade county

palm beach county

st lucie county

Post: Should I get a real estate license if I want to buy and rent out?

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

@Lawrence Mak

A real estate license is good to have a plan on doing multiple transactions… It’s also good if you want to refer buyers to other agents and get paid a referral fee. If you just planning on buying one place maybe to you don’t necessarily need to jump through all the hoops of getting a license.

Post: New Fannie Rules for SFH investment Help

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

@Kevin Mcnair

15% down is minimum.

Post: Don’t Panic, Pivot - Short Term Rental Turned 30+ Day Stays

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

@Mel Volland

Great post!

Post: How to find good realtors out of state?

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

@Shiela Gerasimenko

I would either read reviews online or look for a good lender license in that state and ask for a recommendation

Post: Miami - Cashflowing STR

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

@Neil G.

Sound like a 400k condo w 20% down. You might be short of break even if with HOAs. Lmk if any more questions!

Post: 1st lien HELOC or cash out refi

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

@Mike Rios

Definitely the cash out refi with a fixed rate.

But I think you can find a much better right now.

I would keep looking. 

Jim

Post: Why was this CraigsList ad flagged for removal?

Jim BlackburnPosted
  • Lender
  • Pompano Beach, FL
  • Posts 308
  • Votes 118

@Paul Sandhu

Craigslist , what’s that?