All Forum Posts by: Joseph Brown

@Mike Sullivan check Baltimore out as well.

Three four seven- 421-forty seven 93

My contractors name is Terrance.   Give him a call.  He will come out and have an estimate ready with in 24 hours.

@Kevin Sobilo 1 more question. Does my personal finances matter if i llc my baltimore property and go the commercial route. Basically does my DTI come into play when qualifying for a commercial loan?

@Kevin Sobilo hi Kevin. I purchased a house in Baltimore for 14000. I put about 35000-40000 into it. At this point should i try to refinance into a conventional loan or should i llc the property and then go to a community bank and try for a commercial financing? Is having 1 home considered a portfolio or do i need multiple?

I also Have 2 homes in NY with mortgages. My family lived in my homes so i had no rental income for those 2 homes until this year. Family left and i found tennants therefore no income stated on my taxes untill the 2019 tax return. Qualifing for a mortgage appears difficult untill i can show rental in come on my 2 ny properties. Any ideas. My goal is to refinance 1 home in ny and pull 150000 of eguity and purchase more property in Baltimore. My main goal is to BRRRR The property in baltimore and continually repeating the process. Thanks in advance for any advice you may have for me.

Is there a cashout refinance option to the method you provided?

@Andrew Postell great job. I know u just explained that the best u could . Good job in doing so. Would u beable to explain to me how to do this strategy if i already purchased a house all cash however i put it in my personal name already. Is this strategy dead to me since the deed was already recorded to my personal name already.

@Sean Regan out of curiosity do you find that the pocono springs project will give the area, near the Kalahari, a boost in realestate prices?

@Jojo Olaseha Hello Jojo. I am an investor in Baltimore. I am finishing a property and would like to rent it out and refinance and repeat the process. I believe i was told financing in Baltimore can be a challenge. Do you any experience with refinancing and cashing out in Baltimore? Do you property manage?

@Jeff Brown hey Jeff. I am Joe Brown. Any relation lol. My dad Joe Brown Sr. Is from Charleston SC. I am an investor in Baltimore. I am finishing a property and would like to rent it out and refinance and repeat the process. I believe i was told financing in Baltimore can be a challenge. Do you hany experience with refinancing and cashing out in Baltimore?

@Ian Barnes hello Ian. It appears you have allot of experience in Baltimore. i am an investor in Baltimore. I am finishing my first property and would like to rent it out and refinance and repeat the process. I was told financing in Baltimore can be a challenge. Do you jave any experience with refinancing and cashing out in Baltimore? I am in 21216 area code. Thanks for any amount of info.