All Forum Posts by: Andres Baena

Hello @Sheila Gonzalez,

I agree with @Larry Turowski on this...I have a mortgage broker that you can call for a candid conversation and run this question by him for a second opinion. Shoot me a private message if interested.

Best,

Please forward details

Hello @Jose Gonzalez 

I can introduce you to my mortgage broker who deals with a few of my investor clients. Sending a private message now.

Queens based here but constantly traveling, would love to chat.

Hello @Viggo Olovson

I have a hard money lender that lends to non-citizens but requires Social Security  number or EIN (Employer Identification Number). Alternatively, why not consider a partner who is a citizen when creating the entity so that they can pull the funding? Let me know if you have any questions.

Best,

@Shaun M. Single Family homes, looking at foreclosures/old MLS listings

Hi @Shaun M.

I am currently picking up a house in Floral Park for a flip and will be looking in Suffolk soon for the next deal. I am liking Bay Shore and West Islip numbers. Let me know if you need anything or want to discuss further.

Best,

@Eric Telese It depends on the property and what the referee requires. Some allow cash, most require the 10% deposit to be paid with a certified check made out to the referee but there is no verification of funds. Hard money usually doesn’t fund the initial down payment but most of the foreclosures are closed using hard money loans.

Agreeing with @Account Closed on this...more security is usually the way to go along with guarantors if possible. 

Hello @Ahmed Saad and @Llewelyn A.,

I am also curious as to how the deal is going, would love to learn how these numbers are being ran. 

Best,