All Forum Posts by: Peg Wilkinson

Hi. Can anyone recommend lenders who are processing delayed financing loans right now? How long are these loans taking to close?

I purchased a home last year with cash and would like to finance it to use the funds for another investment.

Hi!  I'm looking for recommendations for lenders currently doing delayed financing loans. (I purchased a rental property in Nov. with cash and would like to take the cash out and purchase another home). 

If you have recent experience, how long did the loan take to process? Did you pay points? What were the total loan fees?  My loan would be on a $193k house currently rented for $1500 per month.  What rates could I expect to see?  I understand that 75% will be the largest loan I will be able to obtain.

Please share your recent experience.  Thank you!

After evaluating multiple properties (multi unit properties, 10-20 units) and deciding to make offers, would you submit full, signed offers for each property or LOI's? I imagine I will making many offers before getting something accepted and these commercial offers can be complex.

Hi Troy,  I will give you a call sometime next week.  

Hi Troy,  Thanks so much for reaching out.  I'm pretty familiar with 1031 exchanges.  I really appreciate your willingness to assist. Happy New Year!

Thank you so much for the recommendation! I will definitely reach out for her.

Peggy

Can anyone recommend a real estate agent who works with investors in Charleston SC?

HI NICHOLAS,  THANKS FOR REACHING OUT.  I'LL GIVE YOU A CALL ONCE THINGS ARE BACK TO NORMAL HERE POST HOLIDAYS.

BEST REGARDS,

PEGGY

HI.  I'M LOOKING TO PURCHASE AND INVESTMENT PROPERTY IN CHARLESTON SC AND WOULD LIKE THE NAMES OF REAL ESTATE AGENTS IN THE AREA WITH EXPERIENCE WORKING WITH INVESTORS.  I WILL BE SELLING ANOTHER PROPERTY OUT OF STATE AND PLAN TO COMPLETE A 1031 EXCHANGE.  ANY RECOMMENDATIONS YOU MAY HAVE WOULD BE APPRECIATED.  THANK YOU SO MUCH!