All Forum Posts by: Chris Yenter

Ross, it's nice to see you post a rebuttal on here but it doesn't look like Alan is alone.  There are 3 pages worth of people saying your company is not worth the price of admission.  Everyone should do their own DD with this or any other offer.  You can't expect things to be given to you (or if you just pay a fee you will magically come into all these great deals).  It takes leg work, studying, time, (and maybe a handful of lessons learned) before you will have the POTENTIAL for success.

Cheers,

Chris

I am fairly new to investment properties and have a question on the complication of getting approved for a mortgage.  My first investment property is my condo that I lived in for several years and decided to rent out.  I have been renting this for 2 years.  I also have a primary mortgage for my current home.  I want to look at buying another condo/townhome as a rental but I don't know how complicated getting this mortgage will be.  

Will I need a larger percentage down vs. my primary mortgage, what interest rate can I expect vs. primary mortgage.  I have good credit (770+) and minimal debt outside of the mortgages.  If anyone has some insight as to how complicated this 3rd property will be to get please let me know.  I am happy to provide more detail about assets/liabilities if someone wants to PM me.

Thanks for your time,

Chris

My wife and I were looking at some homes in Denver and we inquired about purchasing a model.  The builder said they did a leaseback for 12-36 months but they required cash or commercial loan for the purchase.  Has anyone done this before using a commercial loan?  I currently own 1 rental and another primary home with a credit score above 750 but I was wondering if it is harder to qualify for a commercial and if the terms are a lot different.  The leaseback may be a good deal but I'm not familiar with the commercial loan side.  If anyone here has any advice/insight that would be great.

Thanks,

Chris

I think the pics look great and I don't know many people that would turn down making almost $20K in a little over a month. Good job in my opinion!

Hello fellow investors and entrepreneurs. I am new to this site and so far I am very pleased that I found it. Tons of information and it looks like a great community. I am looking to replace my full-time engineering job with income from real estate investments. I recently turned my first primary home into a rental. I was going to sell it but figured I would test the rental market. Posted a few ads on Craigslist with varying rental rates to test the interest and I was amazed at how much people were willing to pay for rent. Looking forward to learning and earning! If there is anyone in the area looking to partner up on any deals please let me know. Thanks and have fun out there!