All Forum Posts by: David Bilandzija

@Chris Nappi There's a few ways to "skin the cat" in terms of qualifying for conventional financing.  Most loan officers/mortgage brokers will focus on traditional income sources that appear on your tax return.  There is another way to show ability to repay and qualify.  

Since it sounds like your goal is to maintain ownership of the SF homes you might want to consider a few different approaches based on your financial situation.  

@Serena Halterman I'm interested in meeting some like minded investors.  Let's do this!

@Sean Bramble California Fair Plan is a possible solution to your fire insurance needs.  A number of residents in the state rely on this type of insurance when they can't obtain coverage in the marketplace.  Left a link for you, good luck!

https://www.cfpnet.com/about-f...

https://www.nmlsconsumeraccess...  

Try using this link to check the loan originators NMLS status

As for sharing personal information... well that's just part of the deal but always best to know who you are working with.  

@Aaron Smith Thanks for putting this together.  I was immediately interested to see everyone's input, helps us all gauge classification more accurately.  

@Alex Roter Interesting numbers on our own backyard.  

@Mike D'Arrigo how did you finance a 10 bedroom home?  Sounds like an unusual property that would be difficult to comp out.  

@Alecia Loveless Found your post interesting.  What market(s) are you in?

@Joseph Salzillo Great share.  Congrats on the deal.  Not your first rodeo?

When I think of Blythe, CA travel centers, gas stations and fast food chains come to mind.  The local economy seems to be centered around these types of businesses.  Its situated along the Colorado River if I recall.  Has it developed much in the last 5 years?  I live in CA and drove that route for years to visit family in Phoenix, AZ.  Haven't made the drive in a few years though.