All Forum Posts by: Harry Zhou

hmm..., this one is not yet closed.

next one coming up in a couple weeks

http://meetup.com/reiasf

Looking for any experience / advice:

I run into a good deal but my funds will be tied up in other investments at the time. Business partner has cash and I am wondering if we can use my credit to apply for a loan but partner's cash (can be funded to me after the closing because I have enough balance in the bank) as down payment.

Has anyone done this? Where are the resistance? From the mortgage/loan or from the title company? If you can refer me to some title company and mortgage provider, that'll be great.

Property is in Indianapolis, IN

@Ryland Taniguchi Very well said. Please PM me any reputable TK providers who has 2% rule properties, KC or Birmingham. 

Congrats. You've been holding it for 3 years?

Ha, I love this one:

You don't want your tenants talking to me; I will steal them from you. @Chris Mason

Just a side note that most working (software engr) couples hit AMT, the tax benefit evaporate.

My impression is that in Bay Areas there are A LOT of "professional flippers". Competitions are fierce. Go to a REIA and everyone wants to flip.

Grab the phone, call a few PMs and ask them. You'll need interview and find a good PM anyway.

I already have 3 in Indy and growing fast. @John French

mark

i am on the other side of the spectrum, has capital, needs local expert