All Forum Posts by: Bob Razler

Hello @Adam Evans :

Hello Neighbor!  Drop me a line when you have time and we can chat.

Bob

This was me from last years December coffee meeting......

Hello @Treyan Doss :  

Welcome neighbor!  Drop me a line and we can have lunch/coffee/drinks some time and chat.

Bob

I will be there in my Santa Suit!!!!

Hello @Rob Pond :  

I am not sure what you are asking or looking for.  If you want to provide more info or reach out about the Florida properties, I would be happy to help.

Bob

Welcome @Andrew Royster .  

We have a great investor community here in SE FL.

Hello:

Just to clarify, your original lender on the SFH won't let you refi OUT of their loan for a year? Or to refi WITH them?

If you can refi with someone else, go that route.

If it's 1 year to refi with anyone, or what?  Is there a fee or fine?  You can run those numbers to see if it's worth it.

Regarding your 401k, you could always take a loan rather than withdraw.  You can get up to $50k.

Finally, you could try to find a small bank that will cross-collateralize and accept the equity in your SFD as collateral/down payment on the second home.

Bob

Hello @Josh Stack:  

I am just starting too.  I have done some lending and I am learning along with you!

Feel free to drop me a line.  I would be happy to chat about what I have learned so far!

Bob

Hello:

Personally, I think it's better to network with the lenders/borrowers BEFORE there is a deal.  Meet them at meetings/lunch/coffee; discuss deals; get to know them.

Bob

Great meeting yesterday!!!!  We had polar bears!!!!