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Updated about 6 years ago on . Most recent reply

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Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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BP Podcast 233: 15 deals in the first 18 months - Arianne Lemire

Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorPosted

Finding deals is hard. Getting started is hard. Taking the plunge can be nerve-wracking and a familiar term on this site is analysis paralysis. 

Episode 233 of The BiggerPockets Podcast features Arianne Lemire, and her story of jumping in with both feet. Hear how she invests in a variety of ways, including flipping, wholesaling and rentals to work toward her goal of financial independence.

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Arianne L.
  • Investor
  • Fort Walton Beach, FL
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Arianne L.
  • Investor
  • Fort Walton Beach, FL
Replied

@Jeremy Freeman @Kyle Collette 

Yes it is mostly used for non-owner occupied investments we just so happened to use it for our primary (in our eyes it's more of a rental - we just so happen to be awesome renters lol )

You can refinance up to 75% of appraised value up to the purchase price. You have to finance within the 6 months after the cash purchase

@Jerry Padilla was my loan officer for both the properties I referenced in the podcast. I'm sure he can chime in (and correct any of my mistakes)

Read Jerry's blog post on delayed financing

-this is a really good read. He outlines the general guidelines in an easy to read fashion and links to fannie and freddie's guidelines as well

Thank you to everyone who listened to the podcast! And those who have reached out here on BP and FB. I am humbled that a lot of you were able to get something out of the interview. Your kind words mean a lot :) 

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