All Forum Posts by: Allen Maris

@Vanessa Benavidez, Congrats! That's a big step forward! 

A couple of questions. Assuming this is a house? Do you have the ability to buy it with either cash or a loan on your own? 

You won't be able to delay opening escrow for too long, people get antsy about that sort of thing. So you'll be ultimately doing everything concurrently. 

Feel free to PM me and I can give you my number to talk through it.

@Elias Munoz, I'll message you and give you my number. It's easier to run through over the phone. 

@Elias Munoz, my advice is to not get your hopes up that SB will work. But if your father-in-Law is willing to put up 50% cash, you could probably find something to cash flow a little. But nearly impossible with a small down payment. But don’t give up. 
lompoc and Santa Maria are getting better. Lompoc has vandenberg and SpaceX so you get some renters there that make decent money but can’t afford nor want to be tied down to buy a place. Be carful of SM, and buy close to the college or in areas of development. It’s pretty rough outside these areas. 
stick with 2-4 units unless you find a great deal on a SFR.

@David Doyle - I'm always suspect when someone posts 1 item and it's a positive review for someone's paid course. Makes me suspicious of the course even more! Call me cynical but I've seen too many people get no value for the money they spend. 

@Chung Cam - While suing probably won't be beneficial since it was on title, you should definitely have some strong conversations with the listing agent & their broker (if they weren't a broker), and title company. A good title company will point out specific issues to you. 

@Maria D'Aura I live in the SB area and yes, unless you put a ton down, it's nearly impossible to find cash flow (at the moment). I have hopes for the future though. 

Hi @Emmett Rees, welcome to BP! 

+1 for the Santa Barbarains here too. Though I'm on the other side in Santa Ynez. Seems it's tough going these days in SBC especially in the city or SYV area where I'm at. 

@Kyle Fedewa - thank you.@James Orr - Yes, please be responsible. 

@John Corey - unfortunately, LAX is about the only viable option. It's nearly impossible to sync up an international flight with a connection into SB without some sort of long layover.  Whenever I do international I plan my arrival flight so I'm in by 5pm so I can make the drive up north before it gets too late. It's one of the downfalls of living up here, but you get used to it! It's well worth it.