All Forum Posts by: Steven Drebin
Steven Drebin has started 3 posts and replied 8 times.
Post: Best rental markets in Northern/Central Jersey?
- Investor
- Hackensack, NJ
- Posts 10
- Votes 3
Post: Eviction attorney in Chicago
- Investor
- Hackensack, NJ
- Posts 10
- Votes 3
In need of a good and aggressive eviction attorney in Chicago to evict a squatter from a completed rehab property. TIA!
We have sold two of the three properties that we have put on Craigslist. We have one deal in the process of closing right now. I would say 1 in 4 inquires are serious buyers. Always ask for proof of funds up front to weed out the people just looking to waste your time.
Post: LOTS OF MEAT. BIG SPREAD.
- Investor
- Hackensack, NJ
- Posts 10
- Votes 3
Still available?
Post: Cash purchase and refi
- Investor
- Hackensack, NJ
- Posts 10
- Votes 3
Originally posted by @Darren Budahn:
The 6 to 12 month seasoning period is only if you are looking at conventional lenders. You can find no seasoning lenders but the terms will be commercial (shorter amortization, higher interest rate, balloon in say 5 years)
Do you mean Interest only or from a HML institution?
Post: Cash purchase and refi
- Investor
- Hackensack, NJ
- Posts 10
- Votes 3
I thought there's a seasoning period of 6 to 12 months?
Post: Rural Area Funding help
- Investor
- Hackensack, NJ
- Posts 10
- Votes 3
HI BP,
I have a property that's considered to be in a rural area in Deleware. Does anyone have any ideas how to get funding for it?
Was turned down by a Hard Money Lender being that it was a RURAL area.
Thank you everyone
Post: Hard Money Lender in Rural Underserved areas
- Investor
- Hackensack, NJ
- Posts 10
- Votes 3
Hi, I'm under contract on a property in DE. Purchase is 76K and Rehab work is 3K
ARV is around 110K and that's where we would like to sell it at.
I tried a couple of Financial Institutions but they all turned me down being that it was a rural area and a Loan under 75K. Can anyone suggest a company who would finance this or have any other suggestions??
Thank you