All Forum Posts by: Maceo D.

Hey there @Will Green.  I am in Roanoke as well.  Welcome!   I'd be happy to meet up with you and help direct you however I can.  I am not as big as most of these folks around here but would be glad to talk with you and help answer any questions you may have.

are you looking for $1000 net or gross?   I am assuming you mean gross but not sure based on the context of your message?

yeah I was going to say what rick said.  Tenant has to feel a "penalty" for not changing them.  If the ac breaks and the filter is dirty and could be the cause then the expense to fix is theirs in my opinion

Does anyone have any experience on how to get around a non-arm's length transaction restriction?  I am looking for solutions that would allow me to own it rather than doing something like a subject-to.

I am looking to purchase the property of a relative and getting resistance from lender due to non-arm's length transaction.  Please let me know if you need any other information to be able to assist.

Thanks in advance.

Thanks @Rafael Norat 

Hello everyone, I am looking for someone that can help me understand how the process would work if I paid cash for a property and then did a cash-out refi in Texas.

I am working on purchasing a property that is set to close on 7/31.  I am purchasing the house for 90K but just got the appraisal that came back at 130K.

So my question is, if I buy the house in cash, how soon thereafter can I do a cash-out refi (is there a seasoning period)?  Doing this will allow me to get my cash back instead of being tied up into the property and allowing me to purchase another property.

Thanks in advance.

BB&T does portfolio loans in their branches

@Albert Martinez 

@James Mudd - Hello James, I would like his contact info.  Does he go all over DFW?

Thanks

Welcome to BP @Adrian X. !