All Forum Posts by: Reaz Alli

@Steve Vaughan okay thanks man I’ll try to find out more

@Steve Vaughan I believe both our names are on the title

Help needed please! A year ago me and my ex girlfriend purchased a house. Her dad gave us the down payment, I paid $5,000 for closing and about $3,400 in updates on the house. When we separated I moved out, and we agreed on me getting back my money. She wants to refinance the house but doesn’t want to pay me until one day down the line when she sells it. So my money isn’t growing, it’s just going to sit there in the house for 30 years... with no ROI. She wants me to sign the refinance papers and a notarized letter saying I will get my money back when she sells the house. What can I do??Her father has lots of money and she’s acting like she can’t pay me a little $8,400.

Definitely, and best to you on your second property @Account Closed

@Jameson Sullivan thank you for the great advice i definitely want to be able to help out in anyways!

@Rick Pozos great advice I will be showing up tonight!

Hey everyone, so this year, Me and my wife are finally making our first step towards one of my goals for 2018. 

I've been reading, listening to podcasts and just doing my research, we have our funding and ready to just get out there. We plan on using the BRRRR strategy on multi-family homes. I'm still trying to figure out which is best to invest in SA seeing there is much more SFH then multi-family.

Since me and my wife just moved here from New York about a year and half ago we are looking for some contacts:

Investor friendly realtors

Good contractors

banks to refinance 

Good property management company’s 

Any local REI meet ups

Local Mentor if possible - that needs any help I’m handy since being a welder/fabricator I make furniture for our house and have some tools not much but could do a few things or help with anything else; picking up rent etc.

We have done research and have lists of most of these but wanted to see what local, experienced investors use.

We are very excited and motivated to start this year with our first property! Also, looking forward to networking with you fine people!

Congrats !! I’m hoping to do this same this year!! Kasia Iwanicki

Hello BP, So I'm looking to buy a multi family house but not sure how to finance it. My question is I have a house currently that my wife and I used a conventional loan 20% down on, I'm co signed on it and I was wondering if I could purchase the next house in my name but use a FHA? If not what's my best bet should we just save another 20% for the next buy? That's what I have been aiming to do and I'm on track for that next by next year. Do you guys recommend another way?

Dalton Hirst Thanks for explaining that!, I am looking for my next move without so much capital to put down since we just purchased this house in December 2016. I guess I will look into my next investment move might have to save up another 20%.