Wednesday, November 14, 2012

Hard Money Lenders

Hard Money Lenders that lend in the Roanoke Area:

Jim Sexton 540-353-7077

Dawn R. Lynch - Rehab Financial Group 877-643-9066

Community Buying Group Lenders (FirstKey)
Kyt Willberg 816-875-3706 or 816-282-6310 X 110 or 844-474-5074

Ron Dell 201-280-5214

T.Y. Funding & T.Y. Mortgage ask for Yesh Khanna or Sonya Khanna 540-534-8878

REI of Virginia has hard money as well for good deals that have or will have equity. Contact Dallas for details.

Friday, November 9, 2012

Some Code Enforcement Stats

Number of violations given in one fiscal year (2012) - 6,765

Number of rental certificates issued in one fiscal year (2012) - 967
If every inspection was $25 per inspection (many would be $75 or more from multiple visits) than the city generated $24,175 from this rental inspection program. Realistically with many inspections costing $75 or more the city has generated roughly $35K in rental certificated per year.

The fiscal year 2013 budget for the code enforcement department is $1,253,840

 Cost per violation given is roughly $185.


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