All Forum Posts by: Christian Rozo

Just sent you a connection @Justin Jones ! 

Hey @Karen Margrave sounds like you have a wealth of knowledge and experience in the area! Thank you for reaching out. I look forward to getting to know you better and discuss opportunities to work together. Let’s find a time to chat. 

Thanks for reaching out Bonnie. I’ve seen leads for the Redding market. Let’s hop on a quick call at your convenience to discuss further! 

Perfect Ranjit! I just sent you a connection to chat more. 

Hey y'all, 

I started nurturing Business to Business relationships within the Insurance, Healthcare and Corporate Housing Industries for my own MTR Arbitrages with Craftsman Housing. I learned as a mentee under Jesse Vasquez with the Air Venture Group, and have shared my journey doing this on Instagram @CForCourageous 

After establishing connections with professionals across these industries, I ask them to reach out whenever they have trouble securing a home for their client/staff/policy holder in California. Even if its outside of the regions we operate in.

This has generated leads every week. I now seek out connections with furnished housing in my network to plug in. And if I don't know anyone with inventory in the particular area, I message and call owners I find online.

If you'd like potential access to corporate contacts backed by companies with deep pockets, please contact me.  This is specific to California housing operators, with an emphasis on the San Francisco Bay Area and Greater Sacramento. Cheers!

Morning @Nathaniel Yip,

You're correct that having too high of a DTI will hurt your chances for getting a loan. Lenders typically don't want you to spend more than 40% of your monthly overall gross earnings on all your recurring bills, plus the mortgage you're asking for.
Increase your income, or reduce your monthly recurring debts (like paying off your student loans). If you can pull on both of those levers that would be best. 

Hey there Nathaniel,
Congrats on asking the questions to get started on your REI journey. So there's three things you need to qualify for your mortgage. Credit, income and funds.
You mentioned that you’re pretty young in the credit game. Google ways to boost your credit because there’s plenty of tactics. For example, setup autopay so you never miss payments. Those dings add up. Keep your usage rate on each line of credit sub thirty percent. A super solid tip is to ask a family member to add you to their oldest credit card as an authorized user. They don’t even have to give you the card to use. They can literally cut it up. But it will allow you to piggyback on their time using the card. Etc. 

Your debt to income ratio might be holding your back. Typically lenders want you spending up to 40ish % of your total gross pay on a monthly basis. So it would do you good to see what your total monthly pre tax pay is compared to all of your recurring monthly expenses (credit cards minimum payments, auto loan, etc). The next step is to brainstorm how to increase your pay, or reduce your expenses. Either will help your DTI ratio.
Funds - how much liquid assets do you have in the bank? Can family gift you any more? If so, the money has to be “seasoned” in your account for a few months before you can use it. Google for more info. 
Anyway, I hope this helps. Ultimately I highly suggest you go and speak to a mortgage broker in person. One who is open to educating you in the process and is patient to fielding your questions. I really enjoyed working with Cam Villa at Golden Bay mortgage. Best of luck! 

Hey All, 

My fiance and I are looking for an architect to draw up plans for a bathroom addition and a kitchen remodel. Other work includes moving a water heater to an external location, placing some doors in a load-bearing wall, closing off another wall, and touching up the second bedroom. This is for a 940 ish square foot Craftsman Bungalow home built in 1920. 

We plan to do the work ourselves, and primarily require your plans to be approved by the City of Sacramento to move forward on getting our budget together and breaking ground.

We would like to work with someone who has experience with old homes, maximizing small spaces, and working on investor budgets. 

Thanks and we look forward to working with you!

@Joe Bertolino Why do I have to worry about windows with Title 24? I found the forms pertaining to it on the Sacramento website, however don't know how to discern the information there. 

@DJ Dawson To be clear, are you saying if I put in an additional bath within the existing walls of the house without a permit, I wouldn't be able to list it for sale as a 2/2? Or the appraisal wouldn't justify that it was a 2/2?