All Forum Posts by: Daniel Salmo

Yes main goal is to refi the heloc from interest only to p and i and have a private lender become lien holder. That way the bank is paid for the heloc and the private lender is getting a good roi and we are getting at least some of themoney into principal.

I currently have an investment property in Doral Florida and i have a first conventional mortgage and second is heloc arm interest only. I want to find an investor who is willing to pay off the heloc and work out terms where some goes towards principal? any thoughts?

Hello All my name is Daniel Salmo and I am a licensed real estate agent in the state of Michigan and Florida my current main focus is residential sales but I am looking to get into wholesaling flipping and multi family but as I continue to do more research there’s so much information out there I don’t know where to start where does anyone recommend the best place to start is. Thank you