Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Shawn Melis

Shawn Melis has started 3 posts and replied 23 times.

@Blanton McGhee

Totally agree with others, if you have POF and loan approval, ED should be no more than $5k.

Post: What's your Mission, Vision and Values?

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

I just heard the vivid vision podcast Brandon Turner did based on Cameron Herald's book vivid vision, I would start there. If you don't know what you want 3 years from now, or 30 years from now, its hard to come up with a strategy for how to get there. Either way, keep sharing your journey.

Post: Share Your Vivid Vision

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

@Gabriel Wheeler I just saw this thread...I must have just heard the same podcasts because I just started drafting mine. How is yours going?

Post: Coronavirus and late or no rent payments

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

@Konstantin Brazhnik

Really appreciate the detail you provided on the options you identified, pros/cons for each, and how you are moving forward.

Post: Interviewing a Lender ( CORE 4 QUESTION )

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

@Kevin Zolea great questions to ask

I would add, definitely go to your local credit union(s) and local bank(s), and ask to speak to one of their loan officers that work with investment property lending. Build the relationship! They will also have recommendations for Accountants, lawyers, title companies, etc.

Put together a one page summary of what your experience and goals are and contact information.

Thanks for explaining the interest spreads...I had to reread a couple of times, but it makes sense.

Post: 1st Full Rehab (a duplex!)

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

Congrats on the purchase and rehab...well done. Go get another one :)

Post: Lender Canceled Funding day of close

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

@Richard Scholtz

Get the deals! Hopefully you can keep your pipeline going, and close the new business. I feel same way, should be some discounted investmenr properties on the market.

Post: Lender Canceled Funding day of close

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

@Doran Summers

Not yet...shoot me a PM

Post: Lender Canceled Funding day of close

Shawn MelisPosted
  • Baltimore, MD
  • Posts 23
  • Votes 6

@Kerry Baird

Sorry to hear Kerry, keep the course