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All Forum Posts by: Travis Cheney

Travis Cheney has started 4 posts and replied 14 times.

Post: ISO Rehab to Rent financing

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5

Hi BP friends. I own a property in Tuckerton, NJ with an ARV of $325k that I'm looking to rehab and rent. Several GC's have estimated about $100k in work. Being that I own it outright, and only need $125k (budgeting for unknowns), not many hard money lenders have been overly interested. I'd love to hear who you've used in similar situations, or what sort of rates and terms could be expected. I've considered the idea of shopping it out to wholesalers, or even listing it, but I went into it with the intent to rent and I'd like to see that through if the numbers make sense.

Quick info on me that could possibly help: Licensed realtor, good credit, first rehab I’ve owned but not the first flip project completed by the GC or by myself as the realtor, strong W2 income in addition to real estate.

Any thoughts or experiences you could share are so greatly appreciated!

Post: ISO Rehab to Rent financing

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5

Hi BP friends. I own a property in Tuckerton, NJ with an ARV of $325k that I'm looking to rehab and rent. Several GC's have estimated about $100k in work. Being that I own it outright, and only need $125k (budgeting for unknowns), not many hard money lenders have been overly interested. I'd love to hear who you've used in similar situations, or what sort of rates and terms could be expected. I've considered the idea of shopping it out to wholesalers, or even listing it, but I went into it with the intent to rent and I'd like to see that through if the numbers make sense.

Quick info on me that could possibly help: Licensed realtor, good credit, first rehab I’ve owned but not the first flip project completed by the GC or by myself as the realtor, strong W2 income in addition to real estate.

Any thoughts or experiences you could share are so greatly appreciated!

Post: Mobile Home University Bootcamp

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5

Hi All. I know this post is two years old but I was curious if any of you ended up investing in a MHP in the above mentioned NJ towns? Or in Texas/Deleware/PA? Also being a NJ resident, I’m considering oos investing. Would love to hear more details about the meetup as well if that’s still going on! Thanks guys

Post: Eager to be a Go-Giver in the Toms River, NJ area!

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5

@Darren Sager That is exactly what I ended up doing, minus the PRO. This forum, community, podcast, has been tremendous

Post: New BP App Help Question

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5
How do I search the forums in this new BP app layout? I’m sorry if this has been answered elsewhere—but I couldn’t search for it!! There used to be a general search bar where I could type a few words and get all discussions related to that topic. HELP!! Thanks BP community you guys rock

Post: Why are there no REI clubs in or near Lakewood, NJ?

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5
Great meeting all of you! Let’s get out there and grab our first deals!

Post: Why are there no REI clubs in or near Lakewood, NJ?

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5
I too would like to know how to tag. Maybe it’s not an available feature for non pro members? I’ve tried the “@“ symbol but no luck on my phone

Post: Why are there no REI clubs in or near Lakewood, NJ?

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5
I also added it to my calendar. I’ll see you all there!

Post: Why are there no REI clubs in or near Lakewood, NJ?

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5
Tom i work M-F but can be available anytime after 2pm

Post: Why are there no REI clubs in or near Lakewood, NJ?

Travis Cheney
Posted
  • Rental Property Investor
  • Toms River, NJ
  • Posts 16
  • Votes 5
I apologize for not tagging anyone in my reply, having some trouble on mobile getting the “@“ and “?” strategies I read in the forums to work.