All Forum Posts by: Curtis Harvey

@Christin Knight  Can you pm me about a few properties I saw on the site?

Instant $70K plus 18% 4 plex

  Is this property or any like it still available?

@Bryan Reid Any updates on this deal. Did you do a blanket loan for the properties. I know of a company that does 100% CLTV on seller carry back.

Thanks,

Curtis

@Maurice Colbert  If you do not mind,  What was the total cost and the total funding?

@Doug Kenney at some point, no matter which funding company you decide to go with, you will have to have no more than 4 inquiries  per bureau, 680 + Fico, No lates for the last 12 months, at least 1 primary trade line(Credit Card) just to get your funding started.  I know there are companies that fund with less but you run the risk of not maximizing the funding.  If you do have all of these things in order, you should have to problem getting 5-7 (trade-lines/Credit Cards).

Also, you will need to clean up your inquiries after the funding.  If there is a moral issue you have with fixing your credit profile for funding, you may want to wait until the inquires fall off.  They will.  If you check your experian it will tell you when they will fall off your report.  You seem to be a good candidate for a funding program as well as going through conventional lending.  You have an 500 Fico, down payment, and the desire to move things forward.  

Please keep us posted on your progress!

My family has used this and other services for funding for a couple of years, so if you have any questions, do not hesitate to reach out to me and I will try to answer and questions about the process.

I will give you an example:  If you use one of these services, you have an opportunity to get the downpayment funding (20 % down) to invest in a few great cash flowing commercial multifamily properties.  I do not know your financial situation, but for someone like me, I like funding service companies.  I also have learned that the credit profile is something that consistently needs to be worked on, unless you are already in the 800 Plus Fico score club. 

I did an analysis recently and I spend approximately 33% of my W2 income in interest.  That number will decrease as my credit score goes up and I will have more cash flow to spend doing the things I enjoy.

I did not come from wealth, so 1 method I identified quickly was my limiting factor was start up funding.  I am now leveraging OPM to start my real estate investing.

Thanks,

Curtis Harvey

@Nick Pak and @Jay Helms.  I was able to get it to work, but I had to upload the logo and go to review all of my reports and then when I went back in and tried to Download the pdf my logo was there.

I hope that helps,

Curtis

@David Waddleton. There are plenty of fix and flips all over socal within your price range. You can even pick up some burrr properties at the price. What strategy are you using?

The two areas you talked about will allow you to get great cash flow and keep you coast per unit down, so that could also be an option as well.

Curtis

@Hema Dasarathy Greetings, I am in CA and I am looking for 2-4 unit properties similar to what you are suggesting. If you do not mind could you email me or DM me you most recent list of properties?

Thanks in advance!

Curtis

@Joe Homs or anyone that has the information I am also looking for a RE Friendly CPA.  Thanks in advance!

Curtis

@Sean Tarpenning could you send me the financials [email protected]