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All Forum Posts by: Christina Venegas

Christina Venegas has started 13 posts and replied 34 times.

Quote from @Tony Christian:

Absolutely not. Paying rent on time doesn’t erase dishonesty and lack of integrity. If she’s willing to steal a package on camera and still deny it, what else is she capable of?

A good tenant is more than just a rent check—they should respect your property, your rules, and the people around them. You don’t want someone who could cause legal issues, neighbor complaints, or worse.

There are plenty of qualified tenants out there who pay on time and don’t steal. Keep looking.


 totally agree with you, thanks for taking the time to responde

Quote from @Michele Fischer:

What do you mean by problematic?  Fussy?  Moves often? Criminal history? inconsistent or less idea income sources? Moving from outside the area and clueless? Facebook feed is full of drama? Bad landlord reference?

I use a point system for screening; applicants get positive points for positive aspects, lose points for negative aspects, and I have a point threshold for each property.  They either have the points or dont and I move forward or not.  The more you can make your screening objective than subjective the easier and more successful everything will be.


 long story short, I called her previous landlord to check her rental history and I was told that this applicant steal a package that wasn't hers and she denied it  even they had proof of her stealing it on the security camera other than that she paid on time every month

would you rent out your property to a problematic tenant who has a good rental history which means always pays on time with a good credit score. i'm in the process of renting out my house

Post: HELOC on a primary home

Christina VenegasPosted
  • Posts 35
  • Votes 11
Quote from @Dominic Mazzarella:
Quote from @Christina Venegas:

is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respond


It's definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they'll allow it. Since you put 5% down and the appraisal came in at $160K, your available equity might be limited since banks usually cap HELOCs at around 80-90% loan-to-value (LTV). You'll want to check with local credit unions or smaller banks since they often have more flexible HELOC options. Have you already asked your current lender? Some will offer a HELOC even if they originated your first mortgage.


 thank you for taking the time to respond, I will look with some credit unions

Post: HELOC on a primary home

Christina VenegasPosted
  • Posts 35
  • Votes 11

is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respond

Hi Bp!

thinking about getting a multifamily in hemet ca. does anyone here know if hemet is good for cash flow or appreciation? I appreciate your comments!

Quote from @Bjorn Ahlblad:

Not a big deal unless the tenant is not paying. Investors buy properties with tenants all the time! I know I have and I prefer a property with a paying tenant.


 what are the reasons why an investor who buys properties with a tenant would not buy it 

Post: Why most Wholesalers Fail

Christina VenegasPosted
  • Posts 35
  • Votes 11
Quote from @Tom Krol:

The journey of Wholesaling Real Estate can be VERY rewarding. Just like with any endeavor in life, victory does not come without a lot of heartache, sacrifice and struggles.

When you’re first starting out on your Wholesaling adventure (and “oh boy” it’s an adventure), you are going to have many “gut check” moments.

This, my friends, is where the rubber meets the road. This is right about the time when most of you will give up and throw in the towel. You will become scared. You will become confused. You will wonder if Wholesaling is for you.

This happened to me when I first started out in Wholesaling. This is totally normal. In fact, if you are NOT experiencing these types of thoughts and feelings, something is wrong!

I’m convinced that the only reason why myself and many of the people I work with have done so well with Wholesaling is because we were able to identify and push through these moments.

I’m not going to lie to you, it won’t be easy. I remember times when I was practically in tears because things weren’t going my way.

Sometimes it hurts...REALLY bad!

But know this: What you seek is “directly” on the other side of that pain.

These “gut check” moments will come to you in various forms. In this post, I want to share with you what I believe to be the three most significant gut check moments you can expect.

I like to refer to them as the "Three D’s" and man o man they can be dangerous!

If you allow it, the three D’s will stop you from having success in Wholesaling and rob you of your dreams. Just like with everything else in life, awareness is key. If you know what to expect going in, you are already ahead of like 98% of the population.

Imho, the three D’s is the universe's/God’s way of saying, “Hey, is this guy/gal really worth it? Are they really “ready” to have all of the success that Wholesaling can bring?”

So what ARE the three D’s? I’ll break them down for you here.

1. Doubt: What is doubt? What does it look like? Doubt in yourself, doubt in wholesaling – is this really real? Can you really make money wholesaling? Why would a homeowner ever sell their home at such a huge discount?

In order to get past this you must remember why you got into Wholesaling in the first place.

There are thousands of people out there making tens of thousands (and even hundreds of thousands) of dollars every month from Wholesaling houses and that's a fact!

Keep that in mind and remember that you are no different than anyone else.

2. Disappointment: What is disappointment? You’re working hard, you’re getting out there, but you’re starting to get disappointed because people are telling you: “I don’t wanna sell you my home at that discounted price.”

Or worse yet you’ve busted your butt to put a deal together and all of a sudden at the last minute, the seller and the buyer decide not to either sell or buy and the whole deal falls apart.

Disappointment just means that you’re getting closer so you gotta stick with it. You MUST stick with it! Don’t let failure be one of YOUR options.

3. Distraction: This is the last gut check moment and potentially the worst one of the three. This is the one that’s gonna come out from under your bed and grab you. Some people call it “shiny object syndrome”.

All of a sudden, right at the moment that you’re about to have success, one of your old high school buddies comes along, and says, “Hey, I have a way for you to make more money in a shorter amount of time.”

If you haven't read Gary Keller's, The One Thing, I HIGHLY recommend you read that book a.s.a.p. If you've decided to build a business through Wholesaling houses, make THAT your "one thing" and focus only on that.

Otherwise you'll just keep jumping from one thing to the next, having NO success, wondering why nothing ever works.

So regardless of where you are on your Wholesaling journey, understand that these things are coming for you. They are waiting for you and have your name written all over them. When they happen, you just gotta laugh it off.

You have to laugh to yourself and hopefully...remember this post :)

Set an egg timer and have yourself a three-minute pity party! You can blame me, blame yourself, blame your parents, blame your kids, blame whomever you want, you have my permission.

But then after those three minutes are up, get right back to work!

That’s when you are closer than you think you are. It's not anytime to be pumping the break. Actually, it's the exact time you want to punch the gas pedal and not look back!

So remember the three D’s: Doubt, Disappointment and Distraction, and never let them get the best of you. Happy Wholesaling!!

you know what, i'm going to print this and read it every time. this is exactly what i needed to read, thanks for sharing this!

I have a house in chicago that I want to sell but it has tenants inside and a lease that ends in October. can i sell the house before lease ends or can i give my tenant a 30 day notice so she can leave and ill sell the house. Does anyone here have experience with that or been through something similar, if so can you please tell me what to do in this case. I appreciate your comments