All Forum Posts by: Timothy Gaus

@Caleb 

@Caleb Heimsoth thanks! I’ll give those places a shout.

@Caleb Heimsoth the duplex is near west Milwaukee/west Allis between greenfield and national.  The extended term is six months. I have tried several banks including those that claim they specialize in “creative financing”

Hi Bigger Pockets!! I need a little advice. I relocated to Milwaukee late last year. Just before relocating, I purchased a duplex. I’ve performed renovations since owning it (hopefully) forcing appreciation. I financed the loan with hard money. Do to some delays I have now entered the second term of the hard money loan. I tried to refinance the property to a conventional mortgage, but because I carry some debt and because I am earning about 1/3 of what I was making before I relocated (which was expected), financial institutions won’t refinance the property in only my name. Side note, my credit isn’t the issue. I have a strong credit history. The issue is my debt to income. So, do I: A)locate a partner to refi and strike a deal with them and the bank, or B) sell the property and hope to get at least my money back? I would ultimately like to refi, get the money I have put into it back, and use that money decrease my overall debt to income.

Hi Bigger Pockets!! Purchasing property within the next few weeks in Milwaukee. I cannot be present to oversee improvements to the property. I am seeking a project manager for ~$30k renovation for a duplex including a new roof, minor siding repairs, balcony repairs, paint, and refinishing hardwood floors. This property is only the beginning. I will be renovating and flipping other projects in the Milwaukee area, I will have more business to offer in the coming months. Thanks!!!

Hey BiggerPockets!! I'm visiting the Milwaukee area starting June 6th. I'm seeking to establish relationships, build a network, and scope out Milwaukee. I'm most interested in multi-family properties that may require a few thousand dollars for updating/repairs. I work well with others and cannot wait to work with you!!

Hey BiggerPockets!! I'm visiting the Milwaukee area starting June 6th. I'm seeking to establish relationships, build a network, and scope out Milwaukee. I'm most interested in multi-family properties that may require a few thousand dollars for updating/repairs. I work well with others and cannot wait to work with you!!

Hi Steve! I'll be in the Milwaukee area those exact dates. I'm looking to start investing in Milwaukee. I would love to tag along to look at your properties or even just meetup for coffee to talk shop.