All Forum Posts by: David Ounanian

Hi @Priscilla welcome to BP!  Yes the best way is to get licensed in Missouri is to take the courses online.  I did them in my spare time from my couch while watching TV it was super convenient and easy.  I'll send you a PM with the link to the top provider and our coupon code that let's you get 35% off.

Thansk Drew!  Yes very close to Jamieson good eye!

 Thanks Christon!

 My client provided his job offer letter to the lender and he got approved for the loan.  My point was I don't think you have to work a year at your job before getting preapproved because I'm seeing people get loans before they even start working.

Hey @Reno Jones glad to hear you are planning to house hack!  I love that strategy for starting out.  I'm not sure that you would have to wait a year though.  Our lender just approved one of our clients for a loan to house hack and he doesn't start his job until June after he graduates college.  All he needed to provide to the lender was an offer letter from the employer.

Hi @Joye Meinsen typically we have set clients up with an MLS email search to alert them of when 2-4 unit properties in St. Louis are listed for sale. However, inventory on the MLS has reached all time lows so we are now helping our clients source properties off market as well.

Hey Todd, yes details for the next event is below

https://www.biggerpockets.com/...

My Agent Investor Mastermind is a monthly meetup open to anyone interested in real estate. Whether you are a new investor or a seasoned investor, this meetup will provide value!

This group is all about HELPING each other and subscribing to an ABUNDANCE MINDSET. We share successful investing secrets and believe there is enough opportunity for all of us to WIN.

Each meeting will have a very loose agenda as follows:

Round table introductions (15 minutes)
-Share your name/occupation
-Share your biggest WIN of the last month
-Share your biggest challenge or goal for the next month

Quick tip -- this month: "The 7 Baby Steps to Rental Income" (15 minutes)

Open Discussion Q&A (15 minutes)

Please note this meeting will be recorded and made available online.

Please RSVP as spots are limited.

This meeting is ONLINE ONLY over Zoom at the link below.

https://us02web.zoom.us/j/81679772134

 Hey Alex!  I used a local bank here that has a commercial and residential division.  I've fostered a relationship with them and the commercial side will fund 80% of the purchase and 100% of the rehab and then at the 6 month mark they will move it over to the residential side so I can refinance my cash out and lock in a 30 year fixed rate.  Unfortunately this particular bank doesn't work with out of state buyers but I can get you in contact with another bank that will.

Hey @Matt Abrams thanks for the recommendation of Chris at Guild Mortgage in St. Louis! He is awesome! We are refinancing 60 days after purchase doing no renovations on a tenant occupied single family. It's the easiest BRRRR I've done to date! He also helped me work around the 10 property limit I ran into with other conventional lenders.

On the portfolio side we've had a lot of success with Carrollton Bank.  They seem to have the most flexibility on what and who they will lend on and have came in to save a lot of transactions for me that would've fallen through due to financing.  Let me know if you'd like me to make an introduction?