All Forum Posts by: Sean Ross
Sean Ross has started 1 posts and replied 132 times.
Post: Investing in Multi-family from Fort Myers to Tampa area

- Posts 137
- Votes 115
Sent you a message about a property
Post: Paying off sellers mortgage balance to use seller finance

- Posts 137
- Votes 115
Have escrow handle it.
You bring XX to the table
Escrow pays off remaining loan balance.
You get deed of trust or something similar depending on the state.
You pay seller monthly or however you structured.
Do not pay off his mortgage and then "buy" the property in a separate transaction .
Post: I Need a Subprime Commercial lender

- Posts 137
- Votes 115
Yes, I know a lender with a nodoc and notax. Sent you a PM
Post: Auction property - two years to sell fact or fiction

- Posts 137
- Votes 115
Dan,
Research a quick claim deed versus a general warranty deed and you will find your answer. Also depends on your state, I am not sure what ya'll do up in NY
However you can definitely get financing, just probably not conventional right away . Send me an email to discuss
Post: Experienced Lenders in Multifamily and Apartment Syndication

- Posts 137
- Votes 115
Congratulations on the growth. I have a few apartment building options and it sounds like you guys have some experience.
I'll reach out to you this week!
Find a ML expert on indeed. Tons of people out there, Probably someone with python skills. They can make something for you in a few days
Post: Should I keep this SFH as a rental

- Posts 137
- Votes 115
Make a fake rental ad online
See the demand
Post: Are there high loan to value options besides VA/FHA?

- Posts 137
- Votes 115
@Eric Sebast too little!
I have bought and sold several MHP's and now offer MHP financing.
Although some local banks understand the numbers, once you get to the closing table, they have a hard time understanding the different assets.
First make sure you have a great contract. Don't use a general realtor. Use a real estate attorney.
Then, shop around, reach out to brokers as soon as possible. They will take all 60 days of your contingency
Feel free to reach out to me if you have any questions.
Parkimagesolutions.com
Post: Zillow is free again

- Posts 137
- Votes 115
craigslist for life