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All Forum Posts by: Jeff Shelton

Jeff Shelton has started 12 posts and replied 36 times.

Post: Looking for an emerging market

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
In continental US

Post: Looking for an emerging market

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
What markets do you guys recommend for an emerging market? I’m looking to buy multifamily 16+

Post: Buying in Chandler AZ

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
Does anyone know about the Chandler AZ market? I’m considering whether to pursue a 4 plex investment opportunity. 8+ cap but haven’t used the rental calculator yet

Post: Need HELOC lender with 90% LTV

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1

Does anyone know of a HELOC lender that offers 90% LTV? Im located in San Diego CA but does it matter where the lender is from?

Post: Need help reviewing closing statement

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
What’s your email

Post: Need help reviewing closing statement

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
I tried several banks and my guy at comlend was the only one that worked out, I didn’t know about Washington fed until my guy used his “connection” there to secure a loan. I don’t like the double origination either, sucks because that’s my equity their taking and less cash out for me

Post: Need help reviewing closing statement

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
Well comlend gets 2.25%, higher than the standard 1% because it’s a riskier loan for them, due to the small balance commercial loan of 367k.

Post: Need help reviewing closing statement

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
The lender I know works for comlend, and he sought out a lending partner Washington federal, which is the reason for 2 origination fees.

Post: Need help reviewing closing statement

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1
Which fees are outrageous?

Post: Need help reviewing closing statement

Jeff SheltonPosted
  • Investor
  • Chula Vista, CA
  • Posts 38
  • Votes 1

Which ones in particular?