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All Forum Posts by: Jay Wright

Jay Wright has started 4 posts and replied 69 times.

Post: REIA in southeast MI

Jay WrightPosted
  • SFR Investor
  • Southfield, MI
  • Posts 70
  • Votes 19
Originally posted by Richard Harris:
Jay Wright, I just checked the link and it is from August 7th, 2012. I don't know if it is actuallly an old link or if their is a typo on the webpage.

Too funny. Good eye.

Maybe this groups needs someone to update their web presence.

Post: REIA in southeast MI

Jay WrightPosted
  • SFR Investor
  • Southfield, MI
  • Posts 70
  • Votes 19

I was thinking about it but the way my day is going it may not be possible. Maybe the next one since it seems to alway take place at Sila's

Post: REIA in southeast MI

Jay WrightPosted
  • SFR Investor
  • Southfield, MI
  • Posts 70
  • Votes 19

Richard Harris Brandon Krieg Thanks guys!

Found the website with the speaker info through Meetup.com

Tom Nardone from Privco

http://renegadedetroit.com/next-speaker/

Post: REIA in southeast MI

Jay WrightPosted
  • SFR Investor
  • Southfield, MI
  • Posts 70
  • Votes 19
Originally posted by Richard Harris:
Jeff King, I will be attending the Renegade Detroit Investors REIA for the first time tomorrow night (08/06/2013) at 6:00 PM! Sila's Resturant 4033 W 12 Mile Rd, Berkley, MI.
It's $25.00 if you choose to attend.

Any info on what is planned for this meeting? The facebook page seems to only list what has happened in the past. This is so close to home I could walk.

Originally posted by Aaron Yates:
@jay wright, 5th 3rd does them also but need a minimum credit score of 660 and 4 years from bankruptcy discharge.

5/3 must of slipped through the cracks when I was calling around. I wonder if the rate would have been cheaper.

Rob K It could have change since I got mine or they misinformed me like they did on refinancing. I was told by the loan officer I could refinance a property, rental or primary, after 6 months of ownership. Came back in 6 months later and ...Oops, Its a year.

Aaron Yates I gotta say I did not even ask the requirements on credit. I am 18 years past Ch. 7 next month with a 805. Had a couple stumbles after BK. Seems I was stuck under 600 forever.

I am in the process of refinancing 2(maybe 3, its been a year) houses and the mortgage broker told me above 680. I can shoot him an email tomorrow for specifics if you like. He is the father of a coworker so he answers questions without running credit.

Originally posted by Joe Delia:
Originally posted by Jay Wright:
Huntington will allow 4 HELOC at a time. I just did one with them last Oct. The appraisal is free. ~7% for a HELOC on investment properties.

Wow thats awesome. Great info. I didn't know they opened it up to NOO.

Was the only bank in Michigan I could find that would give a HELOC on investment properties. And less than 4 weeks to close. They also said I could have up to 10 mortgages.

Huntington will allow 4 HELOC at a time. I just did one with them last Oct. The appraisal is free. ~7% for a HELOC on investment properties.

All I can say is WOW.

Post: The BiggerPockets iPhone App is Live!

Jay WrightPosted
  • SFR Investor
  • Southfield, MI
  • Posts 70
  • Votes 19

Great app!

Cannot wait for inbox features.