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All Forum Posts by: Erwin Sham

Erwin Sham has started 2 posts and replied 24 times.

Post: New Investor from Los Angeles,CA (626 Area)

Erwin ShamPosted
  • Alhambra, CA
  • Posts 24
  • Votes 10
Originally posted by @Rob Massopust:

Look towards west covina area to find a fixer as owner occupied.

FHA rehab loan with 3.5% down plus rehab money.

with min credit and w2 you can get some really good deals

Hey Rob,

I used to live in West Covina awhile back. I wouldn't live in West Covina though if the numbers work out I would do a BRRRR. I am looking out of state more bang for the buck.

Post: New Investor from Los Angeles,CA (626 Area)

Erwin ShamPosted
  • Alhambra, CA
  • Posts 24
  • Votes 10
Originally posted by @Michael S.:

Welcome to the BP community Erwin. All the best in your investing

Hi Michael,

Nice to meet you. I was looking into some areas in Philippines would love to know some strategies. Currently have a lot in Camaya Coast and was looking at Bohol. 

Christine,

Just curious have you not consider using OPM with your strategy? You can start with SFR and progress to Multifamily. Obviously if you go Multifamily you will need more funds but that is what is so great about OPM. Also have you consider out of state properties?

Post: New Investor from Los Angeles,CA (626 Area)

Erwin ShamPosted
  • Alhambra, CA
  • Posts 24
  • Votes 10

Hi BP!

I am brand new investor who had knew about BP for years and never took the time to learn about this great community until now. I live in Alhambra, CA and had worked in IT for most of my career. Now shifting gears to real estate investing full time. I am interested in doing BRRRR and then progressing into multifamily deals. Still deciding on the specific areas to start. I do have a couple of states picked out. I love all the BP information and great community. Looking to network and feel free to connect. Currently attending meetups in Pasadena,CA so if you see me come and say hi.

Erwin