All Forum Posts by: Christopher Blanco

@Kristopher Hanks I have been avoiding the Collinwood Area because of the crime statistics. Can you find quality tenants regularly or do you have to find pockets of good areas? 

Congrats!

Look into Lima One Capital (i know people will get tired of seeing me recommend them). They have great products for investors and their fees are pretty good for an HML. They have fix and flip programs, rental programs, and even a BRRRR program that allows you to combine the fix and flip and their 30 year rental mortgage. I know they lend to LLC's because I am one. Check them out:

https://limaonecapital.com/fix2rent/

I believe you need to have an appraisal as well. Still working that out

I am using Lina One Capital for my first flip. they are charging 3.5 pts and 12% interest. their only fees are a $10 flood cert, $25 credit. Each flip you do with them the rates and points go down. 

@Logan Kern I would look into HML to start off. Especially if you don't have a ton of capital.

Try Lima One Capital. 

I am setting up my small business. I plan on purchasing a flip this year, and completing 4-6 more next year, then graduating to 2 a month with some rentals sprinkled in for good measure. My question is QB essentials worth the $21 a month right now. The benefits I see:

1) It ties directly to my business accounts (CC and Checking)

2) It ties directly to Turbo Tax which I  will probably use at least this year and next. 

Does anyone use QB Essentials? 

@David Dachtera

Agreed. I haven't really set up operations to market to off market properties. I am hoping my website will be set up in the next week or so, once that happens I will start sending out some direct mail if I don't get a deal off MLS.

@Eric DeVito. I would look at places like Lima Capital One (who I work with). They have GREAT programs for fix and flip, brrrr, and rent and hold. The requirements are pretty loose and they have been good to work with so far.