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All Forum Posts by: Tara Daniels

Tara Daniels has started 8 posts and replied 47 times.

Post: Tips on financing Rehab costs

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

@Chris Jensen You should be able to get higher financing amounts, just sent you a PM because I know that there are better programs available for you.  

Post: Looking for Wholesalers, Contractors, Investor Friendly RE Agents

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

@Jacoba Austin Hey unfortunately I don't have any investor friendly realtors in that area, but I will keep my eye out and let you know if someone within my circle does. 

Post: Quickbooks or something else?

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

@Elan Adams Hey Elan, Buildium works perfectly for me.  I utilize it for 23 units and I'm able to see everything in one view, print detailed reports, and it's been most helpful in terms of bad tenant issues (having to go to landlord/tenant court) because all of the necessary information is right there with the click of a button and I'm unsure of the cost (they've changed their pricing to a per unit structure and I'm grandfathered into the old pricing model).  You have the option to purchase it monthly or yearly.  I'm sure some other software is out there that works just as well, or even better, but this works for me. Perhaps try out some different software, they should offer trials or at least a demo to see what works best for you. 

Post: Having a problem closing fast enough.

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

@David Cruice Thanks for the recommendation!

@Derrick Gordon - Just sent you a PM.  Getting you closed in less than 3 weeks will not be an issue. 

Post: Newbie to investing would you borrow 40k

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

@James J.

Congrats for stepping into the investing world! If you have someone that is willing to be involved in terms of providing you $50k for your down payment/rehab, you may be able to structure things differently.  If you get a hard money loan you'll be putting do 10% for the purchase price and receiving 100% of the rehab cost.  It sounds like it could be a good investment, but you will need to work out payments to your investor as many times investors want an overall percentage and or they'll split everything 50/50.

Post: Looking for Wholesalers, Contractors, Investor Friendly RE Agents

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

Just sent you a PM, I have a great RE agent I can put you in touch with. She does a great job working with investors!

Post: Want to Purchase More Real Estate Every Year?

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

STOP using your own money/conventional money to fund your Real Estate Investments! When you use hard money you can do a lot more deals - You'll only put 10% down and get 100% of the rehab costs!

First Equity Funding is a hard money lender based out of Florida. We lend nationwide! We lend on fix & flips, new construction, commercial deals and other investment real estate. We finance new purchases and cash out refinances.

  • Lending up to 90% of the purchase price
  • Lending 100% of renovation costs
  • Rates at low as 8% for flips & rental properties
  • Interest only payments with no pre-payment penalty
  • Loan amounts $80,000 - $5,000,000+
  • Fast closings and simple documentation
  • Minimum FICO: 600

Contact: Tara at 856-340-9127 or td[email protected]

Post: Want to Do More Real Estate Investment Deals?

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

STOP using your own money and conventional money to fund your Real Estate Investments! When you use hard money you can do a lot more deals - You'll only put 10% down and get 100% of the rehab costs!

First Equity Funding is a hard money lender based out of Florida. We lend nationwide! We lend on fix & flips, new construction, commercial deals and other investment real estate. We finance new purchases and cash out refinances.

  • Lending up to 90% of the purchase price
  • Lending 100% of renovation costs
  • Rates at low as 8% for flips & rental properties
  • Interest only payments with no pre-payment penalty
  • Loan amounts $80,000 - $5,000,000+
  • Fast closings and simple documentation
  • Minimum FICO: 600

Contact: Tara at 856-340-9127 or td[email protected]

Post: Quickbooks or something else?

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

@William Huston Buildium is a good property management software as well that I use to self manage my rentals.

Post: Small Business Line of Credit 40K, Next Steps?

Tara DanielsPosted
  • Private Money Lender
  • Tampa, FL
  • Posts 54
  • Votes 16

@Brian H. Hey I'm unable to send you a message via pockets, I keep getting an error.  Do you mind sending me an email or giving me a call or providing me with yours so I can send you one? - see below