All Forum Posts by: Jaycee Greene

Hey @David O Smith. Have you talked with any CDFIs in your area? They often have loan products targeted at rehab loans on low value properties, particularly those that are in underserved communities of big cities like Detroit.

Hi @Jasmine G.! I concur with Robin's comment about the DSCR loan, but it can be an intimidating process. I'm curious as to the "financial institutions" you've talking to, were they banks? credit unions? HMLs? Also, what type of "non-conventional loans" did they offer?

@Alecia Loveless Yes, that was my exact point. If that's not the standard in your area, the potential for the extra rent is attractive. If it is standard (and you don't have them), it could be the reason you're finding it harder to attract tenants. In my experience, having them lso attracts a higher quality tenant. Just my 2 cents!

Hey @Morgan Russell. Were you able to find anything/anyone to help you on this?

OK. Good luck in your search

and you're only wanting to talk with someone that is a certified "Counselor of Real Estate"?

Hi @Maya S.! What kind of consultation are you looking for? Are you wanting an opinion on whether you want to sell the properties in your portfolio, refinance them, or something else?

Hey @Derek States! Welcome to the BP Forum! I joined BP after you posted this, but was curious if you ever got any advice?

Hey @Justin Skelly! Welcome to the BP Forum! I recently joined BP and saw your post. Did you ever pursue the MF lead?

Hey @Brad Radlosky! Welcome to the BP Forum! I work with a GC in Columbus I can intro you to. He splits his time between Columbus and Miami (FL, not OH)!