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All Forum Posts by: Cameron Li

Cameron Li has started 5 posts and replied 7 times.

Post: Looking for investors!

Cameron LiPosted
  • New to Real Estate
  • Los Angeles
  • Posts 7
  • Votes 1

Hi!

I am Cameron Li, a 21-year-old accounting student based in Los Angeles. I am currently focused on acquiring my first property and seeking investors who are open to exploring potential investment opportunities and providing financial support for these endeavors.

Recognizing my age and due to my status as a student, I wish to clarify that despite this, I have diligently researched and consulted with various financial institutions. Based on their feedback, it appears that a Debt Service Coverage Ratio (DSCR) loan stands as the most viable option for me to pursue post-closing refinancing.

I am earnestly seeking an opportunity to demonstrate my competence and commitment within this industry. Your consideration gives me a chance to showcase my potential and would be highly appreciated and deeply valued.

Post: first time investor - need help

Cameron LiPosted
  • New to Real Estate
  • Los Angeles
  • Posts 7
  • Votes 1

My name is Cameron Li, and I am enthusiastic about venturing into the realm of real estate. I am actively seeking opportunities to connect with investors who are open to discussing potential deals and providing funding for mutually beneficial projects.

As a 21-year-old accounting student on the verge of graduating with a confirmed job offer, I am determined to delve into the world of real estate investing. Despite initial assumptions about my ability to secure a loan, I've pursued avenues and discovered that a Debt Service Coverage Ratio (DSCR) loan is a feasible option for me.

I am earnestly looking for a chance to showcase my dedication and competence in this field. Your consideration in affording me an opportunity to demonstrate my potential would be immensely valued and appreciated.

Thank you for your time and consideration.

Post: House Hacking Analyzing

Cameron LiPosted
  • New to Real Estate
  • Los Angeles
  • Posts 7
  • Votes 1

Hey Guys! I am an 18 year old who has been studying the aspects of House Hacking for months. I thought I was doing the analysis of investment properties right until I find out mortgage and rental income isn't everything to the calculations. I am saving up money for my future down payment for my potential investment property, however, I was wondering do I need to get pre-qualified first before analyzing any deals? Because I am skeptical of the PITI info on zillow, truila, and etc. I also don't know what my exact interest rate for my potential FHA loan will be and PMI and etc. So how do I analyze before getting pre-qualified by a lender with the exact appropriate numbers? Thanks!!

Post: Starting out - house hack

Cameron LiPosted
  • New to Real Estate
  • Los Angeles
  • Posts 7
  • Votes 1

Where do I go in person to acquire a FHA Loan? Do I go to my local Bank of America or do I go online or do I go to a no name bank? Sorry to ask. Thank you!

Post: How Do I get started in real estate?

Cameron LiPosted
  • New to Real Estate
  • Los Angeles
  • Posts 7
  • Votes 1

@David Richter Thank you very much for the advice! However, how do I find someone to work for? Is it through these forums? 

Post: How Do I get started in real estate?

Cameron LiPosted
  • New to Real Estate
  • Los Angeles
  • Posts 7
  • Votes 1

Oh Wow! Thank you very much @Ryan Howell! That sounds like a good plan! I'll just keep doing what I am doing but also network and learn more from experienced peers around me. Thank you once again!

Post: How Do I get started in real estate?

Cameron LiPosted
  • New to Real Estate
  • Los Angeles
  • Posts 7
  • Votes 1

Hey!! I am an 18 year old currently attending a university in California and I am looking to major in accounting. However, I am really interested in the real estate business for my future later in life as in early retirement because I don't think I want to do accounting forever. I've also watched a lot of videos about wholesaling and investing in real state, however, I don't know how to find any properties or even start! I've also went around looking for mentors to help me, but it is very difficult. I hope someone can give me advice!! Thanks!!