All Forum Posts by: Ryan Herting

@Dennis Perry, just sent you a message

Hey @Justin Witkin, from what you're saying it, sounds like you are looking for a go-to lending partner or fund to have accessible capital for your projects throughout the year. Most of all you're not looking for any red tape and you want speed. 

I work as an alternative lender, so our business model should be a fit for what you're looking for. Would love to have a conversation to see if either we can support your objectives or even refer options for you. Just think you would get a lot of value out of a conversation. Let me know. Would be more than happy to help.

Hey @Dennis Perry, 

Yes many alternative lenders like us do this typically. But the catch is you must own the property free and clear. If that's what you mean by "owning the properties outright" then you're good to go. Would love to help you on this project if you'd like!

@Zierry Eme Carl T. Tagbas, I understand that this process can be frustrating, but you got to keep pounding the pavement. Try maybe looking for off-market units. Reach out to wholesalers, brokers, drive around to properties you might be interested in. Just keep going. Easier said than done, but words to live by.

All the best!! I'm rooting for you : )

@Tim Kaminski, what is your goal here, do you need a lot of cash now? Having an understanding if you need cash immediately will help. Are you also looking to make investing your full-time job? Grow your portfolio? These are all questions you should be asking yourself.

As long as the units are rented I would pull some cash out to reinvest while refinancing so you still have the asset. 

Hey @John Baker, 

These are the zips and spots I would recommend 19122, 19133, West Philly, 19145, 19146 . I am a philly native Investor and lender, so let me know if you would like to chat further about this.

Hi @Jon Abadia,

What is your credit score, LTV, loan size, class of property? If you'd like you can DM me this.

That is a great price and below where the market is which is 4.5-5.5%

Hey @Troy Gandee,

Thanks so much for your input on this post. Was a high-level overview, but being that you are the expert in the area, anyone reading this post I would definitely reach out to @Troy Gandee for more on this market. 

We have a ton of investors looking in that area @Troy Gandee and would love to chat about this further and connect you with our customers!

This is why we love the BP community. It's a joint effort to get everyone educated and equipped to become successful at real estate investing. 

Ry

Hey @Brandon Dawson,

Thanks so much for providing that information! 

Hey @Dave Rav,

Fix and flip, rental and refi, new construction, multifamily, commercial mixed-use (50% residential), and Bridge.