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All Forum Posts by: Scott Wolf

Scott Wolf has started 43 posts and replied 1797 times.

Post: How can I become "bankable" in my situation???

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

@Jeffrey De Los Santos, have you tried Civic Financial, LendingHome and others like them?  They have rental loans with 6% interest rates, which isn't great, but also is way better than 12%.  You should also post the property on the BP Marketplace.

Post: NJ (Bergen Cty) Title Search Cost & Recommendations

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

@Steve Kang, you can also email any title firm with the city the property is in, purchase price and loan amount, and they should be able to give a quote.  I do it all the time for my clients.

Post: Purchase and Sale agreement New York

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

Henry Graham at Cooper & Paroof.  You can google him.  Let him know I sent you.

Post: Nationwide Title Companies

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

@Chris Seveney, my firm handles many thousand plus site transactions, and I'd be happy to speak to you about our national capabilities.

Post: Is it easy to Refinance out of a private lender loan?

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

@David S., if anything a no doc company will be able to get you to 6+%.

Civic Financial, LendingHome to name two.  I'm sure there are a bunch on the BP recommended vendors page.

Post: New York Condo offering plan

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

@Jarrett L., you would need an attorney to assist you. Steven Ebert of Barton LLP has done this sort of work before. You can let him know I sent you.

Post: Need help getting funding in Philadelphia area

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932
Originally posted by @Jay Ogilvie:

Need help getting funding for my first deal in Philadelphia area

Any more specifics Jay? 

Post: First time Landlord, best place to find lease agreements for NY?

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932
Originally posted by @Chris Higgins:

@Scott Wolf thank you Scott, I will definitely check that out. I don’t mind paying if it’s going to prevent headaches in the future. Would you recommend the Blumberg or attorney route in your experience?

 I'd go the attorney route.  You can talk to a human about what is important to you in a lease, and then you will have that template going forward, and a contact that can help you with more complex issues.

Post: First time Landlord, best place to find lease agreements for NY?

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

blumberg.com has ny leases on them.  You do need to pay for it though.  Or you can pay an attorney for the first one, and then always have it with you moving forward.

Post: Selling house in NY, buying in NJ, need more time - advice needed

Scott Wolf
Posted
  • Lender
  • Boca Raton, FL
  • Posts 1,917
  • Votes 932

@Mike Adams how was the contract written up?  Is there a provision for you to delay?  Your attorney should be fighting for you on this point, and should have protected you beforehand in the contract.