All Forum Posts by: Nick Johnson

All these views and still NO ONE has any info or leads for me to check out?

Do these types of programs just not excist anymore?

reogold,

Welcome to the site! I am sure that you will find most everything and everyone here very helpful.

Can you tell us the areas you are looking into? Out of state? Or do you want to stay close to home?

Enjoy the site and GL with your investment search!

Welcome John!

I have heard good things about Birmingham and think that you might be sitting in a gold mine :)

GL and enjoy the site. There are many here with tons of great advice!

I have often thought of this approach as well.

I am very interterested in the replies you get as well.

GL Peter J

With the current market as it is... are there lenders out there that will refi out of a hard money rehab based upon the following:

up to 80% LTV on the new current repaired value
cash out up to 80% only owning the property 6 months or less
have lenient DTI or a stated income program?

Does anything even close to that excist these days?

Thanks a bunch!

Hey Peter,

Any experience with finding or helping others find individuals with houses they don't want any more? Beat up, run down, through divorce, or perhaps death of a family member?

Thanks for your time!
Shoot me a mail via my profile

It's becoming affordable to live here finally. The prices seem to still be adjusting downward but it's not the spiral that is was a year or so ago. I don't think it's at the bottom yet, but it feels like we are close.

Welcome Mark and fellow Californian!

I am sure you will see that there are many many many good hearted people here that are willing to give great advice, pass along a wealth of knowledge, and do what they can to help us newbies out!

Welcome to the site and GL with your RE career!

I am sure that there are several investors here that deal with property in NY. I am looking for a sensible place to obtain funding at a somewhat reasonable rate.

I am looking to either buy property that is ready to rent OR buy a property, rehab it, then rent it. Either way I am looking to buy and hold for cash flow.

Any pointers? Places that loan in NY? Places to stay away from that over charge? Lenders that know and understand this business?

Thanks for anything that comes my way!