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All Forum Posts by: Mike Grudzien

Mike Grudzien has started 2 posts and replied 1146 times.

Post: Subto affecting seller's credit

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858
Quote from @Noah Laker:
Quote from @Mike Grudzien:

Get an attorney. 


 Care to elaborate?


 An experienced attorney can help advise and provide a solution that meets all laws and regulations.

Post: Subto affecting seller's credit

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

Get an attorney. 

Post: UWM Investor Flex Pink

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858
Quote from @James Thompson:
Quote from @Mike Grudzien:

Looks standard, but what do you know or have verified about the company?


Do you know of other lenders that will do a 50K DSCR loan?


 No, not in my area.

Post: Can I put a lien on a personal loan?

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

Work with an experienced local attorney....Period.

Post: UWM Investor Flex Pink

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

Looks standard, but what do you know or have verified about the company?

Post: The Cycle of Market Emotions in Smokies Short Term Rentals: Where we are

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

Great analysis!  I always appreciate Collin's posts because he doesn't pull any punches!  Man after my own heart.

Post: Indiana Airbnb Management

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

Another thought: as involved as you are, one would assume that you are well connected with local Host groups on Facebook or Meetup AND have established IRL, in-person relationships.  If not, then find the local groups: they are a more target rich environment for your needs.

Post: Indiana Airbnb Management

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

You could post this in the Classifieds, because this seems like advertising.

Post: AirBnB arbitrage tips and suggestions. New to the space.

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

And make sure that your lease allows subleasing. 

Post: Refinancing with the Same Credit Union?

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,288
  • Votes 858

Well, yes. Isn't it valuable to have established an ongoing relationship? I have a HELOC, my primary residence, and 3 long term rental mortgages with my credit union. They love when I come in the door to do business.