All Forum Posts by: Christian Bachelder

@Andy S.

Private money, seller financing, etc.

As for the qualifying, as long as the property cash flows after taking off 25% of the gross income, it does not hurt your ratios.

So say you rent it for 1,000 a month. 75% is 750. If your PITI payments are 700, the lender will basically treat it like you got a 50 dollar raise a month at work. Goes straight towards your income. Obviously, to qualify for a larger house is not an easy task with an extra 50 bucks, so that's where private money, hard money, or other creative financing comes into play.

The saving up the 20-25% is another story. I’d recommend partnering with someone who can provide that value, or you could take equity out of your first project if it’s there.

@Sebastian Marroquin

When and where is this happening? I work in the area and would love to network.

@Jack T.

Send me what you got.

@William Levi Corcio

We have a satellite office for our brokerage up in Palmdale. I work with a large number of investors and am one myself as well.

I and my team are very family with the AV and I’d love to get some coffee or have you into our office at some point if you ever have questions about the area or want any advice!

Hi Paige,

SoCal investor here. Operate out of LA mostly though. If you’re ever up this way, I’d love to get some coffee. Always great to connect and grow that network with likeminded people. 

Hi Jorge,

I run a real estate and mortgage brokerage who works all over LA and Ventura Counties. I'll send you a quick PM to not break any rules of the forums, but I'd be happy to help answer any of your questions you may have on financing your next purchase!

Yes sir. We are doing one in Sylmar and just picked up another in Winnetka.

Hi Ori,

I pull title searches all day at my brokerage through my partnered title/escrow office. We could potentially set something up where I could help you out. Feel free to reach out and get in touch.

Hi Chrystal and welcome to this great resource! I also live in the valley and am always happy to network and connect with other investment minded individuals. I run a real estate and mortgage brokerage out of LA, and am always happy to assist or answer any questions you may have. Good luck out there!