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All Forum Posts by: Peter Dukaj

Peter Dukaj has started 11 posts and replied 46 times.

Post: Any “Real” Investors/Investments

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

Looking for homes I can renovate in the metro Detroit area. Preferably in Macomb County

Post: Any “Real” Investors/Investments

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

I feel like everyone on here is desperate to find a deal and sucker people in. Any worth while deals/connections ever occur?

Post: Rent Ready Warren MI 3 bed 2 bath Ranch 270k

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

6.6%

Post: St Clair Shores rehab value

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

1,147 sqft

purchase price $140,000


ARV $225,000

Post: Investment mortgage rates

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14
Quote from @Ben Russell:

Shop your local credit unions who keep the loans in house. They will often beat everything by a considerable margin. 

2 months ago at the height of interest rates, we did an 80% LTV cashout refi at 6.9% with a total cost of $2800+appraisal. Because it's in the name of an LLC, it is a 7 year balloon. If we did it in our personal name there was no balloon and a little lower rate.


 what was the name of this credit union.  

Post: Buying first home

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

What area are looking to buy in?  I have a couple properties in Michigan.

Post: RentRedi > PayRent.Com

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

Sorry, I cannot answer your question but would love to know your thoughts on BP Pro

Post: Invelo Account with BP

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

Do you/have you used Invelo outside of BP, if so is it worth it?

Post: Investment Pro subscription

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

Flat out, is it worth it?

Post: Start of Project 3.5% interest... End of Project 8%?!?!?!

Peter DukajPosted
  • Flipper/Rehabber
  • Michigan
  • Posts 59
  • Votes 14

If you really need the cash, sell the project and 1031 your gains