All Forum Posts by: David Robinson

Welcome to BP! Do you have any specific questions on lending that I can help with?

I personally did not have success with the FHA 203k process, I highly recommend if you go that route to vet the lender that they have completed multiple 203k loans and have a good results. Getting docs ready is a good start, you can check with most lenders on a docs required list and check the boxes as you have them all ready, 2 years tax returns, 2 months bank statements, 2 months pay stubs, and more. @Samuel Fletcher Hardy could be a good connection for the Seattle area. 

@Christopher Rodriguez With an LLC you can get a commercial investment lender, with 20% down at 30 yrs. Some commercial lenders look at the credit and the asset and not the income.

@Devin Monroe In my opinion the property manager should pay for itself with the expertise and knowledge, and saving you time allowing you to work on other investments.

@Kabir Nain Do you have income from the other properties that you are including in your annual income?

@Kyle Neville Investigate conventional and commercial loans.

@Alan Blitz Great advice, Richest man in Babylon is a good book, I was thinking of writing a sequel after my investment story called 'Richest man in Bama". It was said here first.

@Sakib Jamal I have seen 3.5% with a 1% buy down on a 30 yr fixed commercial.

@Jordan Gerkin Have a you met @Zach Lemaster he is good with turn key.

@Bao Chau Tran You can use a commercial loan for an investment residential property or commercial property. Lets connect