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All Forum Posts by: Scarola Markson

Scarola Markson has started 4 posts and replied 26 times.

Post: Commercial Appraiser Needed Urgently!!!

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
Hello BP, I need a commercial real estate appraisser covering the Houston TX area. The property is located in spring Texas and the appraisal is needed urgently. Any recommendation is greatly appreciated. Thank you all.

Post: Environmental Site Assessment

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
@Ronald Rohde Thanks for your help, Do you have any lead in Texas as well?

Post: Commercial real estate Closer

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
Hello BP, I’m in need of a local commercial real estate closer within the Spring TX and Houston TX region. Need to close a deal urgently as quick as possible. Any recommendations will be appreciated.

Post: Environmental Site Assessment

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
Hello All, I’m under contract to purchase an oil field and I need an Environment Site Assessment Agent/Inspector in or around Lincoln County Oklahoma, Any recommendations?

Post: Oil and Gas Private Money Loan

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
Hello BP, Can anyone help with the basic guideline and underwriting procedure for a Oil and Gas Private Money Lending? Thanks in advance

Post: Interest rate 6.068% too high?

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
@Roberto Costa 6.125% seems a bit normal depending on other factors and how the lender arrives at that rate. your credit scores, NOI and the costs of the loan. Just like chayson suggested, If you want a competitive rate you would stay away from the big banks and major online lenders like quicken loans, loandepot, etc. if you have good credit history some lenders will go as low as 4.25-5.75% but higher points in most cases

Post: Interest rate 6.068% too high?

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
@Dolly La Salle 5.3% to close seems a too high to me. This isn’t a HML so it shouldn’t cost above 2-3points

Post: Interest rate 6.068% too high?

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
@Dolly La Salle Where are you based? We have funding partners that offer lower rates based on good Score and positive cash flow.
@Dean Attali TD bank lend along the east coast line and only few independent Private Investors

Post: Hard money for beginners In's and Out's

Scarola MarksonPosted
  • Property Manager
  • Brielle, NJ
  • Posts 28
  • Votes 8
@Manuel Fontan Only a few Hard money lender will do up to 90-100% lending but that will attract a higher point and interest rates.