All Forum Posts by: Jerry Robinson

Once again @Todd Whiddon you continue to add value to BP by sharing your process. Did you find this off MLS ? And you stated you mark the walls for where the opening to the kitchen should be, are there also plans showing the spec of the wall openings?

@Peter K.  I found out how many banks don't loan under certain amount when I tried to refi a couple of years ago, but after listening to BP I start to find other types of loans are out their so that is one of my main focus to refi.

As for more house :), I always want more but even through I do have others now. The banks I have will not touch small loans.

thx

@Ursula B. 

thank you for that information, I wonder do you have to be military to qualify. I will contact them to see what they offer. My first bank was great with small loans but sold mine to another company and it is a balloon which I am not a fan of but it was part of my learning experience with small loans.

On another note, How has the buy and hold been in your area. Never lived in NC but  I've heard parts NC are showing growth with new companies moving into the area.

@J Benoit 

btw, since you work the Huntsville market how as the market been in the area for home sales. Most of my homes are in the 35810 area?

@Steve Yoo 

although I not a seasoned investor yet, how do you feel that compares with other contractors in the area, because it looks like that renovation came out to $20sf which seam reasonable... It would be nice to hear form the seasonal investor how they compare the price for that area as well; in addition to see before and after of that project.

Jerry

@Morris Lucas 

congrads on sticking it out, its good to see the hard work paid off. Best of luck on many more!

@Brian Watkins 

 your right sometime you just have to jump in and learn along the way, but it does come with bruises... lots of them :)

@J Benoit 

Thanks J I figured it would be better to go with a smaller bank since I have a few small loans. As far as a PM I have someone who has been managing them for years and she has been good.

thx

@Sarah Rune 

I'm currently flipping in Atlanta as my first flip, if all goes well I should close on my first this month and I have another waiting to be completed...(fingers crossed) since it seams like its been forever. So far my plans are to stay in ATL since I have a somewhat team setup, however I have been looking in CA central mostly but haven't found anything they fits me. but one thing for sure in the last year it has been nothing but a learning curve.

Hello BP'ers

Has anyone had luck with a local bank or national that does refinance on small loans? I have four of my rental I brought in Huntsville Alabama that are under 50k and I need to adjust to hopefully a lower rate and a longer term since they come due in August

@Jeff West 

welcome to BP it good to hear your 2015 is starting with a bang! hope your continued success going forward.