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All Forum Posts by: Brian Marron

Brian Marron has started 2 posts and replied 5 times.

Post: as a wholesaler do I need to pay for due dilligence

Brian MarronPosted
  • Commercial Real Estate Broker
  • Omaha, NE
  • Posts 5
  • Votes 4

Typically that is something that the buyer would do. I know there are people here more seasoned than me that can confirm.

Post: Are 100% Financing Loans for Rehabs a Scam?

Brian MarronPosted
  • Commercial Real Estate Broker
  • Omaha, NE
  • Posts 5
  • Votes 4

As a public service I'll share my pre-biggerpockets experience with one of these "100% lenders" I attempted to use one of these lenders, Quickfunding LLC out of New York. I got a pre-approval and sent in 7k as a due diligence deposit (before I learned to NEVER do that). An appraisal was done and of course it came in low. Instead of getting 100% financing, I would have only ended up with a couple thousand in hand for repairs. Obviously I couldn't do that so I backed out and requested a refund of the DD deposit less the cost of the appraisal. Unfortunately I got a statement saying that I was being charged several different fees including the underwriting fee as well as a site visit fee (they never came to visit site). Out of my 7k deposit I was told that I was only getting 1k back. I sued and won, but have yet to collect anything from this deadbeat. Lessons learned I guess.

Post: Think I'll go to Boston ...

Brian MarronPosted
  • Commercial Real Estate Broker
  • Omaha, NE
  • Posts 5
  • Votes 4

Hey Bp'ers, I'm in Boston this week visiting my sister and I just wanted to check with BP nation to see if there are any 'can't miss' things I need to do while here. I welcome all your ideas!

Post: Omaha is my Homaha

Brian MarronPosted
  • Commercial Real Estate Broker
  • Omaha, NE
  • Posts 5
  • Votes 4

There is a wide variety in the 3/2 range. Average sales price in that range is probably in the 110 to 120 range though that can very widely. Rents for single family detached in the 900-1200 range

Post: Omaha is my Homaha

Brian MarronPosted
  • Commercial Real Estate Broker
  • Omaha, NE
  • Posts 5
  • Votes 4

I am a licensed real estate broker in the State of Nebraska, as well as a licensed agent in South Carolina. I am looking to take the dive into the investment game. I have an interest in fix and flip as well as fix and hold on multifamily properties. I am looking to make connections in Omaha as well as around the BiggerPockets World. Would love to pair up with a mentor as well as others who might be able to help me secure funding for projects.