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All Forum Posts by: Damilola Olowu

Damilola Olowu has started 4 posts and replied 7 times.

Hello!! would anyone know a great home contractor in east Tennessee area, I’m not sure if that the right terminology?

Post: Short term lenders

Damilola OlowuPosted
  • Posts 7
  • Votes 4

Hello guys, are there any private short term lenders? Approximately 6-9 month or does somebody know a good certain Lenders? If so could I get a recommendation. 

Thanks 

Quote from @Eliott Elias:

Sell the property. 

Will it hurt to hold onto it and rent till I can get more from the property? 
Quote from @Jeremy Horton:

You can't refi - this is not a surprise - this is a lack of due diligence and a good learning lesson. 

Why not do a commercial loan? Should be no problem there?

Thank you for the information.

Quote from @Shawn Forrest Crofoot:

What kind of issues are you having?

 I am getting all my dock in the row and I wanted to ask this question before I get surprised with that? 

Hello peps! what other routs can I take if I can't get refinanced after doing a BRRRR? In other words how can I get my moneys worth outa the property?
Thanks 

Post: Great deal or pass

Damilola OlowuPosted
  • Posts 7
  • Votes 4

Hello people!, how will I be able to know when the deal is a great vs when it's a pass. I do have knowledge about ARV how would you find out if the house will have a good ARV before I purchase?