All Forum Posts by: Elvin William

That's my point. I mean, if people complain about new investors, they should not be in bigger pockets site or anything. 

Man. Reading all these comments, I didn't know a lot of new investors are out of touch. Instead of putting down or talking crap about new investors, why not educated them about broker fees and other stuff. You pay what you get. The way I find property is going through HUD section 8 rent. The more rent, the better the location. Than go to Zillow and type the ZIP code with high rent on section 8. Look for turn key or fixer upper property. Look for a realtor who doesn't talk crazy about other people on this site. Than look for a broker who doesn't talk mess about people on this site. Let them help you with property and money. Than get the property, rent them out, good to go. People should not talk mess or crap about how cheap, non educated, annoy they are. Just explain them what step or what they are paying for. You guys want their business and they will spread how good you guys treat them and grow. Talking mess get you no where. That's my 2 cents. It's not high school. Grow up guys. Help new investor the best you can, if not, tell them find someone else who can help. It's sad to hear young grown man complaining. Cheers for 2024

Hey guys. I'm going to keep it real. We new investor are looking for property are not dumb. For example, I'm in California, I'm looking for places in Toledo, I never been to that city. So I ask a lot of questions about location and property management if it's turn key. If it's not turn key, I will ask about who gonna fix the property for me. I mean that's your job helping people out. If you don't want to help ppl, than your on a wrong job. Some investor is looking for like all in one shop like Walmart, relator, PM and loan officer. Without new investor, there won't have any business. My wife works full time job, I work a full time work and have two young kids. We don't have time for any issue or problem. We just want them to be done by property management. If there is a main issue, than we get calls and get it done. Stop complaining and do the job. If not, tell them to go some one else who would love to help. 

I really want to thank everyone who responded to my question. It's really hard to find that type of loan for that amount. Now I can continue to build my rental property again. We had 4 so far and we maxed out our DTI. Hopefully this type of loan helps me out. I'm not doing all this for me or my wife. I'm doing this for my kids. Let's goo.

hello, any one know any lender does dscr loan minimum $60,000 or $80,000 loan amount in Ohio? I see the minimum is $100,000. Any help will be helpful. Again DSCR loan $60,000 or $80,000. Thanks

Hello guys. Once the rate starting to fall, I want to refinance my four rental property. My question is, will it be better to do a cash out refinance, use that money to buy more property or refinance to shorter term. I'm looking at a 5 year plan instead of 30 years. Any advice will be useful. Thanks 

What zip code is C- and C area?

Hello, I have five single family house for rental property. All those property are in Toledo Ohio. My question is, are there any banks in Ohio does HELOC? I talked to my lender and he said there are isn't any lender that does HELOC on rental property in Ohio. Thanks.