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All Forum Posts by: Ronald Starusnak

Ronald Starusnak has started 28 posts and replied 486 times.

Post: why do Fannie & Freddie prohibit lending to an llc?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

These loan types were put in place to help individuals, not companies. 

Post: Have You Worked With Colony American Finance (CAF)?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

@Eric Kang, can you please contact me in regards to getting a line of credit? 

Post: How can I monetize preforeclosures?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Whole idea* sorry on mobile. 

Post: How can I monetize preforeclosures?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

NOD? Sorry I am venturing from a different side of the industry over to this end . So essentially what my friend said was correct? The lender would be hurting themselves by accepting back payments? Is that whole labor and renting these out an impossible task?

Post: How can I monetize preforeclosures?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Yes, every state, county, all over the US. It is endless access to the lender reports . Can you send me a message on here? 

Post: How can I monetize preforeclosures?

Ronald StarusnakPosted
  • Property Manager
  • Syracuse, NY
  • Posts 601
  • Votes 384

Hey guys, I have access to thousands of preforeclosures. Anywhere from being 2 months delinquent to a few years. I can wholesale, flip, rehab, and even considered contacting the home owners and letting us get their properties rented out, sending some money to the bank for the passed due balance and scraping whatever is left off the top. A friend of mine said though that banks stop accepting partial payments fairly quickly, is this true? Can anyone shed some insight on the best way to monetize these leads? These are direct from lender leads and information. Nothing from court records or any public information. These leads are all internal and haven't been touched by anyone else. We have these all over the US. Thousands upon thousands.