All Forum Posts by: Melanie Bimbo

Cecilia Jones +1 (205) 515-3827

Thanks Joe.

I'm looking to invest in tax certificates in Birmingham, AL. I wanted to know if I have to go through the quiet title process in order to do a refi-cashout on a property. If anyone has any suggestions for financing this type of deal, I'd love to know. I want to use the BRRRR strategy. If anyone has experience with using tax liens to do this particular strategy please let me know as well.

Thanks @Nick Eldridge! I appreciate you for taking the time out to review the deal. 

Joseph Holt with H and H Contracting (205) 266-812. 

Yes @Kyle Jean! 200k is what I’d like to start with.

Does anyone have experience with using HUD Multifamily Loans? I'm open to any suggestions concerning the approval process. I have questions on refi requirements too.

@Shaun Weekes this was extremely helpful. Thanks so much. You’ve definitely given me some things to consider. 

@Shaun Weekes I’m just researching so I can have a pre approval when I submit my deal to a hard money lender. I figured I wouldn’t get more than 70-75, I just thought it doesn’t hurt to ask.

Does anyone have any suggestions for lenders that offer a cash out refinance at an LTV of 80%, with 6 months or less for the seasoning period, and service Alabama?