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All Forum Posts by: Immanuel Roddy

Immanuel Roddy has started 1 posts and replied 6 times.

Post: INTRODUCING MYSELF!!!

Immanuel RoddyPosted
  • Real Estate Investor
  • Cleveland, OH
  • Posts 7
  • Votes 2

Will do!

Post: INTRODUCING MYSELF!!!

Immanuel RoddyPosted
  • Real Estate Investor
  • Cleveland, OH
  • Posts 7
  • Votes 2

@ Vikram and Charles, I have programs for short term business loans (virtually any type) for some that is trying to flip and home. I also have access to a pretty good HML that works in this area, but can help anywhere you are in the country. But the most important thing a house flipper is trying to do is sale the house once the flip is complete. What i do is allow the house flipper to sale his home to someone that may not qualify for a conventional mortgage. Deals also close quicker, and the seller walks away with either the same amount or a little less money than if he sold it the traditional way, only they received their money in 2 -3 weeks and don't have to wait months at a time. I know B of A takes forever to close on a house. The last person I worked with the got financed had to wait 18 months for her house to close....OUCH!!!

Post: INTRODUCING MYSELF!!!

Immanuel RoddyPosted
  • Real Estate Investor
  • Cleveland, OH
  • Posts 7
  • Votes 2

@ Bryan, THATS GREAT! To tell you the truth, I don't really have a favorite note trainer. Everyone I have listened to or that I have worked with have differents strategies, so I just try to incorporate them all into my techniques and become better!

Post: INTRODUCING MYSELF!!!

Immanuel RoddyPosted
  • Real Estate Investor
  • Cleveland, OH
  • Posts 7
  • Votes 2

@ Jackie, THANK YOU!
@ Charles, Thanks! I look forward to giving it.
@ Ted, you're absolutely right. Any question you have about anything in RE, the answer is in here somewhere! LOL
@ Bryan, THANK YOU! I specialized in creating, selling, and buying notes. But i have a few programs for the investors that flip homes, or need creative financing options.

Post: INTRODUCING MYSELF!!!

Immanuel RoddyPosted
  • Real Estate Investor
  • Cleveland, OH
  • Posts 7
  • Votes 2

Good afternoon BP community!!! My name is Immanuel Roddy. I have been on here for a couple of weeks, and I am very impressed with the knowledge that comes across all topics posted on this site.

Well I am a real estate investor that generally specializes on the secondary mortgage market.
See you guys around!!

Post: Hey Bankers...Why Aren't You Lending Money Now?

Immanuel RoddyPosted
  • Real Estate Investor
  • Cleveland, OH
  • Posts 7
  • Votes 2
Originally posted by J Scott:
My lender has more money than he has applicants! He had me send an email to everyone I know in the business who might be looking for residential rehab or commercial funds and is practically begging me to do more deals...

So, there are certainly banks out there who are lending, but as Luis said, it may not be the big guys...

I would like this info also.