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All Forum Posts by: Ben H.

Ben H. has started 12 posts and replied 124 times.

Creative Real Estate Financing

Post: Financing for loans under $75K?

Ben H.Posted
  • Investor
  • Jacksonville , NC
  • Posts 143
  • Votes 54
A local credit union (MarineFed) offered very reasonable terms for the multifamily I am considering (about $60k). 20% down on a 20-yr am with a 5 yr balloon for under 5%.
0 Votes
North Carolina Real Estate Q&A Discussion Forum

Post: 1954 house...any specific NC laws regarding age?

Ben H.Posted
  • Investor
  • Jacksonville , NC
  • Posts 143
  • Votes 54
Good afternoon, I am considering a multi-unit property built in 1954. Are there any NC-specific laws of which I should be aware related to the age? Thanks in advance, Ben
0 Votes
Investor Mindset

Post: $5 million is the new "millionaire"

Ben H.Posted
  • Investor
  • Jacksonville , NC
  • Posts 143
  • Votes 54
Not sure $5mil is FU money. If you have that portfolio generating 4% that's only $200k/yr. If you are still paying a mortgage/housing on that not sure it's quite FU. Don't get me wrong, I'll take $5mil over what I have now. The debate is over how much is FU money.
1 Vote
North Carolina Real Estate Q&A Discussion Forum

Post: NC any one

Ben H.Posted
  • Investor
  • Jacksonville , NC
  • Posts 143
  • Votes 54
Also Fayetteville area.
1 Vote