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All Forum Posts by: Dwayne Ghant

Dwayne Ghant has started 1 posts and replied 44 times.

Post: Is this an insanely good deal or am I missing something

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23

What they said^^^^

No inside pictures, No basement pictures, No surrounding pictures with other homes in it!!  

Pro tip: Feel free to use google maps to walk the neighborhood

Post: Ohio Broker

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @Alex Roter:

Jeff Bross at Capital Quotes, LLC. He's in Beachwood, OH.

 I've worked with him, he's good.  

Hey @Alex Roter , I know this post is super old, but can you DM this mortgage brokers contact information ? I'm looking to invest in Ohio. Thanks in advance.

Post: Looking for Ohio licensed mortgage broker

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @Mark Minehart:

I'm looking to build new financing relationships to fund single family home investments.

Reply to this forum with contact information if your are interested.


Hey Mark, I know this is years old, but did you ever find a Mortgage broker in Ohio?

Post: Mortgage broker in OHIO

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @Chris Davis:

Hello fellow BP's just wanted to ask for some advice. I am seeking to connect with knowledgeable mortgage broker that originates loans in OH. Specifically, conforming and non- conforming loan products that offer alternative income doc matrix for loan products. Inbox me for details on my specific real estate goals. Thanks in advance! 


Hey Chris, I know this is years old, but did you ever find a Mortgage broker in Ohio?

Post: Mortgage Broker Recommendation - Cincinnati Ohio

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @David Hildebrandt:

Have a duplex under contract in Norwood. Getting a bit of the runaround from the lending institution through which I am pre qualified. Only $500 closing costs, but then I find out there is a 2.25% of amt. financed investor fee ($1400 bucks in this case) and a rather large rate disparity to move to a fixed as opposed to 5year ARM. Looking for a broker or lending institution with whom you have had success with in Cincinnati Ohio. Deal structure is below for reference. I searched for the terms "mortgage broker cincinnati" and didn't seem to find too many relative posts. Thanks for taking a minute to help out a guy trying to put together his first deal.


 Hey David, I know this is years old, but did you ever find a Mortgage broker in Ohio?

Post: STR upcharge opportunities?

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @Michael Baum:

Ok, so all that has been discussed so far will change your tax situation. All of that is providing significant services to some degree.

If you have the guests pay for anything above the final clean after they leave or the place itself, you will have to file differently. You lose most of your tax deductions.


I seriously agree  Michael. You have to be very careful not to be considered a Hotel!!! 

Post: STR upcharge opportunities?

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @Ryan McKay:

Hey folks!

anyone have any fun/clever ideas on great ways to add additional revenue opportunities by offering onsite upcharge options to guests? 

i know a few people who partner with local chefs or massage specialists, but curious if anyone has offered with a company who helps to facilitate these types of things, OR, if anyone has put their own menu of additions together with success?

Quick cheap answer:  

-pre-pre-condiments
-prepaid alcohol $$$
-prepaid refrigerator fill
-linens/cleaning 

etc….


Post: Best Second Position Lenders on a Purchase

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @Aharon Najafi:

I'm working on a deal where I am assuming a mortgage and I am looking for a lender who can cover the rest of the purchase price in second position.

Has anyone done this before and who did you use? I have done a google search but there's no real way to tell how the lender operates until you are knee deep into the deal.

Hey @Aharon, just a random thought.  Maybe a seller finance option might be available if the seller owns 100% of the property.  If so, then the seller might be willing to take a second position on the deed, if the original lender permits.

I'm unaware of the deal you are in and I don't know the boundaries/limitations of what you are specifically doing. That said, I just throwing this this out there.

Post: What Systems/Software is best to manage multiple flips at a time?

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @Rachael Barbush:

Hi! I'm scaling my flip business to about 4-6/month and was wondering what systems or programs are best to manage the full scope in one place?


 I did find --->https://www.fortunebuilders.co...

  1. Realeflow
  2. Repair Estimator Plus
  3. Matterport, Inc.
  4. Houzz
  5. Redfin
  6. SpyFu
  7. Homesnap
  8. Property Fixer
  9. Property Evaluator
  10. Flipster
  11. RealtyTrac
  12. Angi

Post: What Systems/Software is best to manage multiple flips at a time?

Dwayne Ghant
Posted
  • Investor
  • Posts 53
  • Votes 23
Quote from @John O'Leary:

Sent DM.


 Hey John ... Can you send me the DM of software systems that you use for flipping multiple properties as well ?

Thanks in advance. 

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