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All Forum Posts by: Nigel Whitmarsh

Nigel Whitmarsh has started 2 posts and replied 53 times.

@Jeff Obrien Thanks for the follow up.  I spoke with CCU about it and they wouldn't touch it!  

Spoke with a lender off BP and 2 days later it went under contract!  So I missed out.

Post: WilmingtonNC contractor

Nigel WhitmarshPosted
  • Investor
  • Wilmington, NC
  • Posts 56
  • Votes 19

a specific trade or a GC?

@Cameron Skinner Appreciate your advice.

I'll do some calling around lenders tomorrow and see what they say or who they can  recommend if they don't / can't offer a product.

@Rob Brautigam thanks for the reply.

Good to hear I should be able to secure conventional financing - I had read that this might be tricky.

As far as exit strategy, that's exactly what I had in mind. Splitting the plot.  Will check into the zoning regs and go from there. 

Although I plan to keep as a buy n hold for now anyway, but as always, have an exit plan.

Thanks for the advice.

Hi

Looking at a single parcel with multiple properties on it.  Numbers are good.

Does anyone have advice on a conventional mortgage lender who would consider lending on this in NC?

Is this even lendable (if that's a word), or would I need to consider commercial / creative options?

Anyone done this before and can bestow their advice?

Thanks

Post: New Member from Wilmington, NC

Nigel WhitmarshPosted
  • Investor
  • Wilmington, NC
  • Posts 56
  • Votes 19

Welcome from another Wilmington investor !!  

BP is a wonderful resource, you'll find lots of golden advise on here from genuine people, willing to help out.

Post: Investor from Gulf Coast Florida

Nigel WhitmarshPosted
  • Investor
  • Wilmington, NC
  • Posts 56
  • Votes 19

Darn it - I though I was the only Nigel on BP !!! :-)

Welcome guys!

Nice! It would be great if the marketplace had this feature too! Joshua Dorkin Brandon Turner

Post: Newbie - Hello! :)

Nigel WhitmarshPosted
  • Investor
  • Wilmington, NC
  • Posts 56
  • Votes 19

@Jennifer S.

Good luck and you're already ahead of most, setting goals and positive attitude.

Remember to read the newbie guides and listen to the podcasts in the car!

Again good luck.

A plethora of mentors.