All Forum Posts by: David Weintraub

 All this.

Sent you a note as well, but I'd fill out their application beforehand.  If they don't have it processed before you arrive I'd wonder a little about their methodology.  

@Christopher Phillips and by "often come with occupants" you mean "rarely don't" :-)

@James W. I'm a bit confused by those comments as well.  Sheriff sale properties can come back clean, but in my mind I'm always thinking the worst, and that means fee/taxes, etc.

@Shalabh Jain If you're going to live in it and "fix up along the way", the HML deal will be complicated.

Sent you a private message. I'm in Philly over on Girard and 28th. Do HML. Your scenario is difficult, but if you want to discuss we can do that.

There are websites which show listings for every county in Jersey.  Were you able to locate the ones you wanted? 

I miss Oakland :-( 

Jarid,

Is this your first investment property?  

So much depends on the rates you'll be paying on the loans/credit.

 I know this is an old posting, but in Chinmay's defense, Danielle, while he is being a bit flippant and dismissive, his original post suggested you NOT do this.  You pressed on, so it became saucier.  But I've often recognized in forums that people who are confident, while also being somewhat obnoxious, are quite often spot on.  

It may behoove you to see past the attitude, which from the outside looking in, isn't that bad, especiailly since he's trying to protect you.

This is sage advice.  

I work with/for a HML and would not only reject your application immediately, but I would counsel you against this course of action for a variety of reasons.

I would have a hard time approving this plan for someone who was experienced, let alone new to the space.