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All Forum Posts by: Dante Foreman

Dante Foreman has started 43 posts and replied 167 times.

Post: A few tips for the newbie investor.

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

I'm in the middle of negotiations for my first flip or Brrrr investment I have been preapproved through a Hard Money Lender. How I got here  hasn't been easy. The first thing people suggest on here or anyone you ask is getting your financial house in order meaning credit start saving money etc....which I totally agree with,but there are other ways to get in this business you just have to be creative. I'm making this post to let you know that it is possible and if you are part of this site you are definitely on the right path.

Post: Two exit strategies after remodel

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

@George Clark Thank you once again I will be in touch thank you

Post: Two exit strategies after remodel

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

@George Clark I'm using a HML. I want to refi to pay them back and start on my next deal. Thank you for your reply I appreciate it

Post: Two exit strategies after remodel

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

I will be doing a walk through with my contractor tomorrow on a property I plan to make a offer on. The numbers look great on the deal it's a fix and flip. I would love to sell the home as soon as I get done with rehab. If that doesn't happen I would love to refi out the home I know its better to get renter's in there and season It for 3 to 6months. Are there any lenders who do Cash out refi immediately after rehab? If so let me know

25 purchase

30 rehab

95 arv.

Post: Hard money lending financing

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

Oh William Johnson dang that sucks. I have access to the interior I'm not looking to close fast

Post: Hard money lending financing

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

David Lee Hall thank you hopefully getting pre approved tomorrow 

Post: Hard money lending financing

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

Yeah Michael so far they've been real patient with me. Just hope isn't a bait and switch you hear so much about Thank you 

Post: Hard money lending financing

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

@Benjamin Hurwitz and @Jay Hinrichs thank you 

Post: Hard money lending financing

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

Found a Good Deal where the numbers work with good margins decided to go with Lima One Capital. Ive read through past discussions started seeing mixed reviews has anyone had RECENT experience with them? If so what should I expect got all  my docs lined up and property lined just don't want any surprises

Post: Loan for a flip or BRRRR

Dante ForemanPosted
  • Investor
  • Owensboro Ky
  • Posts 183
  • Votes 68

@Mark Safrin Im working on using Peer to Peer lending to help with my investment property would you mind I PMd you the info packet I put together just to see what you from a lenders prospective