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All Forum Posts by: Kyle Nicholas Yeitrakis

Kyle Nicholas Yeitrakis has started 4 posts and replied 13 times.

Post: Is Anyone else having a lot of difficulty finding funding?

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

I'm thinking about wholesaling it to a cash buyer at this point... I had found a PL here in VA, but since it's such a far trip to Maine he didn't feel comfortable. I am working with a lender at the moment, the only way it'll work is if i partner with my mother on the deal. Instead of doing that i believe Wholesaling it may be my best option. Let me know if any of you have had luck! thanks for all the valuable feedback

Post: Is Anyone else having a lot of difficulty finding funding?

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

Yes i've tried a lot of the local banks in the area Bath Savings, Lisbon Fcu, Androscoggin, but i'm going to call the ones you listed Carl, Thank you. Crazy times! I think i may have found a Private lender, but not 100% on it yet. Thank you all feedback, good luck 

Post: Is Anyone else having a lot of difficulty finding funding?

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

I have a duplex in Lisbon, Maine under contract for 75 K. I know it's a great deal, but no one seems to be lending right now because of the Covid outbreak. I know barely any hard money lenders are lending right now, but does anyone know any other alternatives? I've been trying to find private money, but my search isn't going very well at the moment. I want to BRRR this deal and keep it as a rental. I have everything already set up, contractor, manager, lawyer, title, etc. Just need to find the money!

Post: what all should I bring when walking through potential properties

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

Thank you all for the awesome feed back, all of this proved necessary and it help me put two properties under contract! I wilL

Be closing mid January on both. A 4 unit and a 3 unit. Thank you everyone I couldn’t have done this without the help of BP and it’s members 

Post: what all should I bring when walking through potential properties

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

Thank you everyone for the feedback I’ll let you all know what happens 

Post: what all should I bring when walking through potential properties

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

So this saturday I will be walking 4 different properties with the current owner, my realtor, inspector, and my contractor. I have a spreadsheet made up to take notes on the current shape the property is in, but i'm just wondering if  should maybe bring some other things with me as well. Maybe their is just some good questions to ask that maybe I have not thought of. The properties are small multi families ranging from 4-6 units located in Lewiston, Maine. This will be my first purchase as an investor. Would just love to hear different things you guys might do!

Post: Starting a career in property management

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

Thanks Man that is awesome, I’m going to give him a call today actually, I will let him know that you mentioned him if that’s cool with you. This really helps thank you

Post: Richmond, Va. Good for living/Airbnb/long term rentals?

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

Adrian thank you for the advice I didn’t know that. I will definitely keep that into consideration. and Jason that is most definitely good news. I’ve always loved the energy I felt there. It Always felt like a good place to live 

Post: Starting a career in property management

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

Thanks man will do!

Post: Starting a career in property management

Kyle Nicholas YeitrakisPosted
  • Rental Property Investor
  • St. Mary’s county, MD
  • Posts 14
  • Votes 2

Thank you very much for the feedback! I actually got in touch with a company that I’m very interested in. They are in the process of expanding. I love the idea of being part of a company that is growing and developing systems to handle the growth. It just really fascinates me and excited me! Best of luck to you and thank you again, it’s greatly appreciated.