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Nicole Heasley Beitenman
Pro Member
#5 Medium-Term Rentals Contributor
  • Lender
  • Youngstown, OH
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Seeking funding for on-market deal

Nicole Heasley Beitenman
Pro Member
#5 Medium-Term Rentals Contributor
  • Lender
  • Youngstown, OH
Posted Mar 7 2020, 17:33

Hello BP! I am looking at a deal in the Youngstown, Ohio area. I am trying to buy the property for $180k. If I can get approved for a mortgage and an accepted offer, I would need a loan for the rehab. I estimate the ARV at $250k. Open to any suggestions! Thank you!

Looking for

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Coral Hernandez
  • Lender
76
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126
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Replied Mar 7 2020, 18:08

@Nicole Heasley

Help Nicole we'd love to help. Being Investors ourselves we know what's imported to you. We will be prompt as well with updates and communication.

Give us a text to setup a time to call

646-969-9980

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51
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Nathan Bibb
Pro Member
  • Specialist
  • Youngstown, OH
12
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51
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Nathan Bibb
Pro Member
  • Specialist
  • Youngstown, OH
Replied Mar 8 2020, 05:59

Hey Nicole, I'm boots on the ground in Youngstown & have access to multiple funding channels. Shoot me a message & let's talk

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Upen Patel
Lender
Pro Member
  • Lender
  • Nationwide Lender
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Upen Patel
Lender
Pro Member
  • Lender
  • Nationwide Lender
Replied Mar 8 2020, 10:17

Hey! @Nicole Heasley Beitenman Is this a 1-unit property? If yes, I can fund you with a Fannie rehab loan (if you qualify) even if it is an investment purchase. You put the down payment and the bank will fund the purchase + rehab.

Lets speak. Feel free to call me or grab time on my calendar - calendly.com/upatel

Upen Patel, Senior Vice President | The Federal Savings Bank | web: mortgagefinancepros.com | calendar: https://calendly.com/upatel | cell: (571) 331-5161 | email: [email protected] | Federal NMLS# 1374243

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Hip Rodriguez
  • Chicago, IL
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54
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Hip Rodriguez
  • Chicago, IL
Replied Mar 8 2020, 15:04

@Upen Patel 

How much down would you need on this type of loan for a SFR investment property?

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Nicole Heasley Beitenman
Pro Member
#5 Medium-Term Rentals Contributor
  • Lender
  • Youngstown, OH
2,354
Votes |
2,845
Posts
Nicole Heasley Beitenman
Pro Member
#5 Medium-Term Rentals Contributor
  • Lender
  • Youngstown, OH
Replied Mar 9 2020, 08:52

@Upen Patel @Nathan Bibb @Coral Hernandez I've reached out to each of you!