All Forum Posts by: Daniel Vernon
Daniel Vernon has started 3 posts and replied 11 times.
Post: Getting hard-money finaning.

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
What do I need to have ready to give a hard money lender besides the property listing, the ARV, and a bid on remodel?
Just trying to get into my second deal and I don't have the cash for traditional financing.
I appreciate any feedback, thanks!
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Brett G.
I will definitely keep that in mind, thank you.. My bad on the location clarification, its actually in Montrose lol that would be outrageously low for Ouray forsure! ๐
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Jim K.
Its a pretty dry climate so the bones are usually good, the studs are usually better then the modern ones! Foundation and financing are my main concerns..
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Dena Puliatti
Your enthusiasm motivates me!
Thank you, I'll keep that in mind!
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Forrest Williams
Well I'm trying to find a deal for my uncle currently. I'll earn a little sweat equity on this one but im already house hacking a tiny tri-plex!
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Forrest Williams
Definitely good insight on the wiring, thank you! I know some pros and have dealt with the dreaded plaster and lath a couple times before ๐
Post: Getting around short term rental restrictions

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
My town (Ouray, CO) is cracking down on short term rentals. I bought a Tri-plex for that exact purpose earlier this year. Are 30 day vacation rentals worth it?
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Bryan Balducki
Do you have any advice when it comes to creatively financing this kind of project? I'm 22 and only have one property under my belt using FHA.
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Lynnette E.
I'll all of that in mind, thank you very much!
Post: What are the main concerns when rehabbing 120 year old houses?

- Contractor
- Montrose, CO
- Posts 12
- Votes 4
@Bryan Balducki
Its in my home town. Its walking distance from a part of town that is being heavily developed with new restaurants hotels and big office/warehouse buildings so I see really good potential. New sewer, new roof and its been on the market for quite awhile so they're probably motivated to sell..