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All Forum Posts by: Darryl Dahlen

Darryl Dahlen has started 13 posts and replied 546 times.

Post: 2.99% fixed for owner occupied commercial

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

That's an aggressive program!

Post: Helllooo BP!

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

Welcome to BP! Sounds like you have a lot going on in your life. I'm positive you will find the information on BP will help to make your new real estate career even more successful.

Post: Looking to Identify the Most Experienced Note Buyers on BP

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

Good Point!

Post: Looking to Identify the Most Experienced Note Buyers on BP

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

You want to speak to either Loc R. or Marc Faulkner.

Post: The BP Easy Button - Jump To The End Of Threads From The Main Forum

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

One more vote for having a PM message take you to the last post.

I agree that it would be nice to have a system that acknowledges people's contribution according to their knowledge and not necessarily the amount of posts.

This is primarily because I'm not one to post just to get my post count up. It's also due to the fact that while I'm here every day I may not post anything for a week or more just because there are no threads where I have anything of value to contribute.

It's not that I'm unwilling to participate. I am, but being in the commercial loan business, there are times where there isn't much activity on BP relating to my field. It would be unfortunate to be penalized due to lack of activity in those instances.

I know the ultimate goal is to get people to participate more, but I know you also don't want to encourage false participation where people are more concerned with their post count/influence than the quality of their posts.

Personally, I'm a fan of the voting system since that provides a good indicator of the quality of what one is posting. Post good content and you'll get votes. Post drivel and you'll get nada. Seems fair.

That said, I don't know as we really need points for starting threads or replying in them. IMO, that sort of system paves the way for people to post just to post and/or start subpar topics. Why should anyone get any points for filling threads with "I agree" or "tell us more"?

Perhaps instead of the generic voting system we have where you either vote or don't vote we could have a quality rating system instead that gives us options when voting.

After all, some threads/responses are superb, some are OK, and some make me dumber for reading them. Why not be able to give a vote that indicates the quality for each?

Post: B of A Sucks Official Thread

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

I understand, but due to his action the value of the stock has gone up today.

If I'd bought shares when I posted on Aug 10th, like I was thinking of doing, my shares would be worth about a dollar more today. Not a bad profit IMO.

Post: B of A Sucks Official Thread

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

Warren Buffet just injected 5 billion into BoA which bolstered their shares by 25%.

I knew I should have bought some of their stock!!

Post: Bank financing and unemployment

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

While it wouldn't hurt to approach a portfolio lender, I think you'd likely have more success with a private/hard money lender since they'll be far less concerned with your employment situation.

Granted, the terms aren't going to be as good, but this may be a case where you have to build up a resume before going to a bank.

As you stated, it might be worthwhile to secure hard money in order to preserve your liquidity. I know I'd rather borrow expensive money than be using all of mine.

With your experience, credit, and money, I doubt you'd have a problem finding a hard money lender/private money to partner with you. Once you have a couple properties behind you you may find it easier to find a conventional or portfolio lender willing to back you.

Post: Double Posts

Darryl DahlenPosted
  • Commercial Loan Officer
  • Southern Maine, ME
  • Posts 782
  • Votes 415

I don't think I timed out when I tried to reply. If memory serves, it only took a few seconds for the site to take me to the blank page.

As others have mentioned, the site seems to be slow(er) for me too. As of late, it is the rare instance when it loads fast rather than the norm.