All Forum Posts by: Charles Cline

I am a general contractor, so repair costs won't be much of a issue to figure out. My Romany client is Freddie Mac, so I also have a pretty good idea what is going on in the market. No, I don't know what ally the terms mean, such as passive loss. I would assume its holding costs. But I don't know for certain. To clarify, I do not have any interest In being a wholesaler. My goal is buy and flips, and eventually mix in buy and holds. And to answer your question. Yes I am prepared to fund a deal if it fits in my criteria, either through a hard money lender or through a partner I may bring on with money. To me wholesaling is the hardest thing you can do. That's why I would rather buy from a wholesaler than be a wholesaler.

Hi, I am a new investor and I am concerned what would be the best way for me to go about getting a deal lined up. I was thinking that I should work with a wholesaler in my area to find a deal because I am not experienced in finding the deals on my own. is this the strategy you would recommend a rookie, or is there something else that would work better? Thank you for all your help.

Charlie

Could I ask what rates you are getting for rehab loans? Also, what about fees, points, LTV, and down payment?

Thank you steve. But I was having a hard time finding someone who actually went through the program.

I would really like to hear from some investors who have gone through the mastery program.

In CA, where I live it's one in each bedroom and one in each hallway. In addition you need a CO detector in each hall way. So if it is a split wing house, that would be two hallways on one floor, even if the hallway is just a small entry to a bedroom.

Keith, That was you? Awesome. well from my email you should have all my contact information. I actually spend more time in your area than you may think. I am a General Contractor and my business operates in Kern, Santa Barbara, and San Luis Obispo counties. As a matter of fact I will be in Santa Maria later today doing a bid. I will shoot you a email and i look forward to hearing from you.

Charlie

Jon, thank you for your response. I have spent a few days scouring the website and have noticed you have given some great responses to peoples questions. Thank you for that. I appreciate it more than you know.

Thank you, that looks great. I will try to contact them.

That is something I am wiling to do. I typically don't work for investors, because I am not a bargain contractor, but I am open to advising them if they advise me. Thank you for your input. Can you recommend any way to find a local REI club?