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All Forum Posts by: David Ptak

David Ptak has started 21 posts and replied 45 times.

Post: Over leveraged

David PtakPosted
  • Investor
  • San Diego, CA
  • Posts 49
  • Votes 8
Hi everyone. I've been reading and listening to podcasts and hear about all these folks that build these huge portfolios within just a few years. What I can't make sense of though is how can one keep accumulating properties. Unless you have a huge income don't you end up over-leveraged at some point? How can one keep getting lending property after property? Any thoughts? Thanks in advance! Dave

Post: Opportunity to house hack in an up-and-coming area

David PtakPosted
  • Investor
  • San Diego, CA
  • Posts 49
  • Votes 8
I would be interested in learning more would you like to pm me?

Post: Looking for Agent in San Diego

David PtakPosted
  • Investor
  • San Diego, CA
  • Posts 49
  • Votes 8
Matt May at Attivo Realty is your guy. Tell him Dave sent you... www.attivorealty.com

Post: No income lender

David PtakPosted
  • Investor
  • San Diego, CA
  • Posts 49
  • Votes 8
Thanks so much gentlemen. Would you suggest going straight to a lender or use a broker then?

Post: No income lender

David PtakPosted
  • Investor
  • San Diego, CA
  • Posts 49
  • Votes 8
I do not collect a w2 however I earn a significant amount of income each year through my two companies earnings/distributions. Does anyone know how I can qualify for refinancing on my personal residence. I have more than 50% equity and over 790 credit. I just don't collect a bi weekly w2 income. Any ideas/suggestions would be awesome!!!