All Forum Posts by: Billy Amberg
Billy Amberg has started 4 posts and replied 19 times.
Post: Knoxville Lenders and Contractors with FHA 203K experience

- Charlotte, NC
- Posts 54
- Votes 28
I’m not sure how deeply any of you have gotten into the inner workings of the 203K loan, but in the spirit of sharing knowledge, I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: Real Estate Investor Beginner

- Charlotte, NC
- Posts 54
- Votes 28
Hey there everyone! I’m not sure how deeply any of you have gotten into the inner workings of the 203K loan, but in the spirit of sharing knowledge, I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: FHA 203k Agent and lender recommendations??

- Charlotte, NC
- Posts 54
- Votes 28
Hey fellow BPers, I’m not sure how deeply any of you have gotten into the inner workings of the 203K loan, but in the spirit of sharing knowledge, I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: What is the 203k Loan Process... in Detail!

- Charlotte, NC
- Posts 54
- Votes 28
Hey there everyone! I’m not sure how far into the weeds any of you have gotten on the 203K Loan, but in the spirit of sharing knowledge, I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: 203K Loan Question -- Could I Qualify In This Scenario

- Charlotte, NC
- Posts 54
- Votes 28
Hey there everyone! I’m not sure how deeply any of you have researched the 203K loan, but in the spirit of sharing knowledge, I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: Multi Fam - No Discretion Advised .... give it to me straight !!!

- Charlotte, NC
- Posts 54
- Votes 28
I’m not sure how deeply any of you have gotten into the inner workings of the 203K loan, but in the spirit of sharing knowledge, I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: Purchasing my first rental please help!

- Charlotte, NC
- Posts 54
- Votes 28
Hey there everyone! I’m not sure how deeply any of you have gotten into the inner workings of the 203K loan, but in the spirit of sharing knowledge, I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: Is foundation issue as intimidating as I’m assuming?

- Charlotte, NC
- Posts 54
- Votes 28
Hey there everyone! I’m not sure how deeply any of you have gotten into the inner workings of the 203K loan, but in the spirit of sharing knowledge I started a discussion on the subject here: The 203K Loan - Open Discussion. Lots of great stories from people who succeeded and had nightmares with this type of financing. Many pros, but also many cons if you are not prepared.
Post: New to Real Estate - Hello!

- Charlotte, NC
- Posts 54
- Votes 28
@Mike Santos I have found 203K loans to be great, but there is a lot of red tape. Many pros, but also many cons if you are not prepared. I started a discussion on the subject here: The 203K Loan: Open Discussion. Lots of great stories of people who had success and nightmares with this type of financing.
Post: North Carolina - Multifamily 6.5+ Cap

- Charlotte, NC
- Posts 54
- Votes 28
I concur with @Curtis Waters, I have found several smaller multi-family investments in Gaston county at an 8-10 cap. I found several duplexes that were over a 10 cap.