All Forum Posts by: David Torres

@Ashley Roush they need to find a cosigner with ssn and DL or maybe they have ITIN.

@Joseph Cacciapaglia

Hey thanks for your comments. I decided take the property out for a week and make some changes to put it back next week in the market.

@Jossalyn Wallace

I have had showings but not a lot even a buyer was interested to make an offer...

@Mohammed Rahman

If I can get a full asking price I'll be breaking even....

@Mohammed Rahman

Yes I'm flipping and it took longer time to finish it and now I don't know what would be my best option.

@Sergey A. Petrov

I rehab the property and it was 30 days sitting in the market. I decided to take out and put it back in the market this coming Friday with a different strategy and hoping to find a buyer in the next 2 o 3 weeks at the most while I decide if is worth it pay in full and rent it out or refinance to a conventional 30yr with little to no cash flow.

Hello all,

I purchased 6 months ago my first investment a SFH in San Antonio Texas and is sitting down 30 days already and not offers. We are trying different strategies and nothing. this property was finance through hard money loan and by October 1st I will have to pay 1% for renew or pay in full the property. The thing is what would be my best option? ( I'm open to any valid suggestions)

The remaining balance is $180k and the rent for this property is 1800-1850 and if I refinance the loan payment will be $1750.

Pay in full and rent it out ?

Refinance ?

Try to sell even losing money?

Open to suggestions....

@Kenneth Mooney let's chat

First time postíng here but long time in the shadow, i'm looking to connect with friendly agent investor in different states.

TIA