All Forum Posts by: Yael Maroko

Hi,

I started a loan process with a certain lender (private company, not a broker), they did the appraisal (which I paid for of course), at some point I decided we were not the right fit for me and I decided not to proceed with them.

I understand its common practice to ask them to send the appraisal to the new lender be email (that's what the my new lender asked me to do - I have the appraisal, but he needs to get it from them)

I asked that from the former lender, but its been a few days and they did not send it yet.

Any advice on how to expedite it? Or I should just wait a few more days, send them a few more emails about it and hope someone will bother..

Thanks

Yes, I am referring to a DSCR loan.

OK, so this is something I need to ask the lender as part of my lender due diligence. 

So its not usually a requirement? Even when I'm far from the property? 

Hi,

I am an out of state investor, currently rehabbing a property which I plan to rent out and refinance in a few months. 

From what I was reading about refinancing requirements - seems like some of them require the property to be managed by a management company. 

Can I self manage this property and still get a refinance? (I have boots on the ground in case needed)

Thanks  

Hello,

I am an out of state real estate investor coming to Atlanta on the last week of July, would love to hang out with other investors - if you know any RE meetings I can join, please let me know.

Much appreciated!

Yep, still buying (when I have the money..)

You mean 25% or 0.25% - they are totally different numbers...

Yes, It is certainly doable. 

I am an American living abroad and I invest in notes. Mostly performing. Most of the work is basically e-mails and web searching, sometimes you need a zoom or a call with a lawyer, servicer, realtor etc. and that can be done even with the time differences.  

I know people who handle real estate rentals and flipping houses from abroad and that is way more time consuming than notes.. 

Who's responsibility is it to check that issue you mentioned - if I give the collateral to a lawyer to review - is this something they usually check? Or should I check it myself?

For me it was collateral review.. reading all these documents seemed overwhelming, I use experienced people to do that for me, sometimes more than one person - that gives a lot of confidence