All Forum Posts by: Ryan Fell

I am looking to find farm lists or marketing lists. Essentially a marketing lists for targeted leads. I know in the West many title companies will provide this service to investors who use their title companies for closing, but I am swinging and missing on title companies and attorneys in my local area.

Does anyone know if people provide this service in West Virginia? Title companies, attorneys, realtors?

Thanks,

I was trying to reply to an inbox message and noted I was banned from messaging. I don't believe I have sent any messages that would cause me to get banned, but I did see on the forum the spam filter is very sensitive. Likely me sending many similar introduction messages to local investors.

@Mindy Jensen can you help me get unbanned?

Thanks, 

@Timothy Doenges would love to get on touch with your SBA coach/investor.

@Kerry Baird really appreciate you taking the time to explain this. Thank You!

@Kerry Baird okay so as an example. Lets say I have a mortgage for 100k with 50 k equity. I take a HELOC for 25k with a different lender. The primary 100k mortgage is now in first position the 25k HELOC is in second. I do repairs on the house using the HELOC and it is now worth 200k.

Lets say I wanted to take 100K out now for a down-payment. Could I then do a cash out refinance and use the 100K to pay off the 25K HELOC in second position or are you saying the bank typically requires me to pay off the HELOC first with cash so that they are not in second position since the HELOC was recorded before it?

Thank you for taking the time to explain.

@Kerry Baird so it would essentially subtract any remaining portion of the HELOC from the cash out? That makes sense. Thank you.

Apologies if this has been asked before, please just point me in the direction of that post if so.

Looking for creative ways to get a good chunk of cash for first property.

We have the worst house on a good street. Houses have sold recently from 500k-950K, our mortgage was for 350k and we have about 90k in equity currently.

Does it make sense to:

1. Take out a HELOC and upgrade our house

2. Do a cash-out refinance on the original mortgage after improvements

3. Pay off the HELOC and use the remaining cash for first property?

I may be way off base about how the HELOC even works and how to pay it back

Thanks,

@Michael Colebank thank you for that link!

Looking to begin investing in Multi-Family properties, likely Morgantown.

Wanted to connect with others in the state who are focused on or have experience with Multi-Family for networking purposes.

Respond here or send me a DM!

Thanks,

Ryan Fell