All Forum Posts by: Carlton Francis

@Joe Homs is an awesome person to connect with!

I've taken him up on meeting at Starbucks and was once part of his Wholesaling group. His time is worth much more than that cup of coffee =)

My pleasure =)

Even if you don't use it for yourself, you could benefit your client's greatly by studying up on it.

Welcome to BP @Francine Biton!

Another option you may want to consider is getting a mortgage through NACA. They cover closing costs, the entire down payment, and offer below market interest rates. They lend on homes as big as 4-units. Several things worth noting though:

1. The owner has to personally live at the property for the entirety of the loan. This means you must live there until you sell the house or refinance into another type of mortgage.
2. You’d still be responsible for certain inspection fees, but the amount comes up to significantly less than what you’d pay for acquisition costs via other types of loans.
3. It can be a looong process, but this mainly depends on how responsive you are when they ask you for documentation, and also your current financial/credit situation.

Happy investing!

Welcome to BP Michael! I'm in Irvine, CA, and I have a background in web development.

We're currently in a few Indiana and Texas markets. Looking to break into a Tampa Bay, FL submarket before the year is over.

Hey Danielle,

Welcome to BP!

I definitely can empathize with your issues with starting off in SoCal. Because of this, my partners and I are currently investing out-of-state.

Hey @Linda Cheng,

How did the auction experience go?

@Jake Hottenrott, I second @Peter Aziz, thanks for making yourself a resource! I will be contacting you as well.

Thanks Victoria!