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All Forum Posts by: Allan Rosso

Allan Rosso has started 8 posts and replied 166 times.

Post: Best upgrades to increase value of home

Allan RossoPosted
  • Investor
  • .
  • Posts 173
  • Votes 84
@Roger Verastegui kitchens and bathrooms will get you the most value out of your money. Make sure they don't look dated (no wallpaper for example lol). As far as DIY, painting will be tedious and time consuming, but if you break up the trim and the rolling between two people, it could take you a couple of days to paint a whole place, and it will save you a ton of money. Anything past that, is solely going to depend on how handy you are. Home Depot does a lot of classes too, so keep that in mind

Post: How to start in real estate

Allan RossoPosted
  • Investor
  • .
  • Posts 173
  • Votes 84
@Craig Cobbs jr for a commercial loan, you can always try I small local bank that does in house loans. What are you trying to get into?

@Tony R Fox, @Richard Xiong broke down the FHA path very well. Goodluck with your engineering job! It's the first step to making all of this work, and make sure you excel at your new job. That will create the stability necessary to become a serious investor. Feel free to reach out if you ever have any questions.

Post: New Investor from Hawaii!

Allan RossoPosted
  • Investor
  • .
  • Posts 173
  • Votes 84

@Daniel Kong yeah no problem dude. @David Greene (author of the book), provides a very good blueprint to follow, when getting into out of state investing. He's also going to start releasing a ton of new content here in the near future. 

Post: How to extract equity from 10 homes?

Allan RossoPosted
  • Investor
  • .
  • Posts 173
  • Votes 84
@Kevin Solomon Wells Fargo most likely will not. Your best bet is probably going to be to look for smaller local banks or credit unions. Have you shopped around at all?

Post: How to extract equity from 10 homes?

Allan RossoPosted
  • Investor
  • .
  • Posts 173
  • Votes 84
@Kevin Solomon , look for a portfolio lender that will allow you to bring all your properties together into one loan. For example, they may let you cash out 70% of the total equity in your properties, and create a single loan.

Post: New Investor from Hawaii!

Allan RossoPosted
  • Investor
  • .
  • Posts 173
  • Votes 84
@Daniel Kong that's awesome dude. Have you picked up the Long Distance Investing book yet?
@Shawn Ward very good point my man. Doing an internship with someone that is serious about their business, and then making sure that you're just as serious about their business as they are, is an awesome way to gain invaluable experience and support for yourself in the long run .
@Tony R Fox I agree with @Chris Purcell that a W-2 job is one of the first steps. Getting started with $5K will be tough, and without a job you most likely can't get financing.
@Tony R Fox hey what's up man? Anything in particular you may find interesting that you might want to know more about ?