All Forum Posts by: Francisco Trejo

Hello Kevin and Welcome, I'm also kinda new at this , I just closed a triplex deal on Friday as my first investment,  wictch was great going into 38th birthday  for me.  In the last two years I have added 300 to 500 Sq ft. To 3 different houses, my own my parents and a friend.  I have priced construction, and in in Los Angeles you're looking at $125 to $170 per Sq. Ft. + permits. 

Best luck , hope this helps 

Great discussion, Will, I also have 457 ( deferred comp. Plan ) that  I'm using as my reserves on triplex investment conventional loan. Just signed the loan Docs yesterday. Scheduled to close Friday. 

My lender just required a copy of terms on the account. I was able to get that from the website, very generic just states that you are able to withdraw up to 50 %of total amount, in form of a loan to yourself. Pretty much what Brian

Commented above.

Happy to share lender if you need it.

I'm in California but I belive my lender is nation wide.

Best luck.

Hello Theodore, thanks for posting these questions, i'm also in Los Angeles and have the same questions. Currently in escrow for a triplex and would like to eventually place tittle under an LLC.

Sue thank you. i will also order this book .

Hello bp, I'm about to go into escrow on my first investment property. I wanted to ask advice on putting this property in my own name or LLC.?

Is it better to purchase in my name then switch to an LLC.

I have heard you can create an LLC. On legal zoom

Is this a good option?

What other service out there can be used to create an LLC.

THANKS FOR YOUR HELP IN ADVANCED BP.

Interested as well, sounds like a great opportunity, please send me info thanks. Third times a chart auto txt.

Hello, I'm interested as well please,sound like a great opportunity,  send me info. Thanks

Hello , does this qualify for financing?  Or cash deal? What's the asking price?

Hello , when were these photos taken?

Thanks Eric, my first option is to invest here in cali, I believe it has the most upside, however I have looked at AZ and TX rental market and the numbers seem strong, good returns and mostly less money to get in. But your right ,the mountains are hard to get over,but I look forward to that day,.

Thanks again I appreciate advice, look forward to learning and investing.  I welcome future advice. 

I'm ready and looking to invest in my first multifamily unit. I'm interested in flips and buy and hold deals. Looking to hook up with like minded people in my area and neighboring states of Arizona and Texas. Looking to share Ideas ,deals and opinions thanks.