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All Forum Posts by: Dan Weber

Dan Weber has started 77 posts and replied 630 times.

Post: Financing for a BRRRR

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548
Originally posted by @Codey Fabian:

@Nick Belsky is a fix and flip loan a commercial loan? I figured there was some type of option like this for us. Do you know if there are lenders in Maine that offer this. No one has mentioned a fix and flip loans to us and we were flat out told we cant get financing for a house thats unlivable.

Reach out to @David Lichten. He is a local hard money lender that may be able to help. 

Post: Southern Maine REI Meetup - AUGUST

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

Hey all, hope everyone is having an awesome Summer! I'm looking forward to seeing everyone again this month at Bunker Brewing. This month's meet up will be on the third Wednesday of the month, August 18th at 5:30! I know plenty of our regulars have been wheeling and dealing so I'm excited to hear what everyone's been up to!! Everyone is welcome to come, no experience necessary - come, learn, and drink beers!

Cheers!

Maine, Portland, Biddeford, Saco, Westbrook, New England, Brunswick, Bath, Midcoast, Lewiston, Auburn

Post: Property Managers in Portland, Maine

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

Post: Vacation rental experience in Old Orchard Beach, ME

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

There is quite a bit of demand in OOB for LTR as many tenants there can only rent seasonally (Sept/Oct-May) and then need to find new housing for the summers when landlords switch over to weekly summer rentals. The weekly rates are going to vary depending on exactly how far you are from the beach so I would dig into what you can find on airbrb, fbook marketplace and also craigslist. There are many mom and pop landlords that may still advertise on CL so that would be a good place to look. Also, I'd encourage you to take a weekend and drive around the neighborhood by the two condos. Some landlords may have a sign out front that says "weekly rentals" with a website or phone number. You could call the number to inquire about their weekly rental or check out their website that looks like it's from 2005!

Post: Southern Maine REI Meetup - JULY

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

Hey everyone, just a friendly reminder that our meeting is tomorrow night (Tuesday). Looking forward to seeing everyone there!!

Maine, Portland, Biddeford, Saco, Westbrook, New England, Brunswick, Bath, Midcoast, Lewiston, Auburn

Post: Southern Maine Midcoast REI Meetup - JULY

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

Hi everyone, we are going to have another meetup this month up in Brunswick on 7/28 at Flight Deck Brewing at 5:30pm. If you have any questions feel free to reach out to me or @Robert Beardsley. Hope to see you all there!

Maine, Portland, Biddeford, Saco, Westbrook, Brunswick, Bath, Lewiston, Auburn, Boothbay Harbor, Rockland, Camden, Rockport, Augusta

Post: Who is likely to lend to a person with bad credit & no money down

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

@Allison Meggison I’d have them give CPort Credit Union a call. I’ve seen them work with folks with pretty questionable credit scores. They will obviously still need to come up with at least 3.5% down. Otherwise, get them hooked up with a lender that will take a look at their credit report and help them make a 6 month plan to raise their score to a place where they can qualify for a loan. If you need names of any lenders that will do this than dm me.

Post: Southern Maine REI Meetup - JULY

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

Hey all, happy July! I'm looking forward to seeing everyone again this month at Bunker Brewing. This month's meet up will be on the second Tuesday of the month, July 13th at 5:30! This is an informal networking event that provides everyone in Southern Maine an opportunity to network and learn from one another. No matter what your experience level is, all are welcome!

Cheers!

Maine, Portland, Biddeford, Saco, Westbrook, New England, Brunswick, Bath, Midcoast, Lewiston, Auburn

Post: Cash Out Refinance a cash purchase

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

@Gregory Ferrari I'd reach out to First National Bank out of Bangor. Shoot me a pm and I'll send you their commercial lender's info. He is very creative with investors.

Post: Southern Maine REI Meetup - JUNE

Dan Weber
Posted
  • Realtor
  • Portland, ME
  • Posts 642
  • Votes 548

Thanks to everyone who came out last night! We had another great showing with lots of networking and beers. See you all next month!