All Forum Posts by: George Yeghiazaryan

@Eduardo Arteaga

Thanks brother! Appreciate it. I'll definitely reach out to you over time as I gain more knowledge and have more questions. I'm sure you're becoming more of an expert than you might even realize!

Hi Eduardo,

Welcome to BP! I'm new here myself, just got started about a week ago on the forums but have been learning about Real Estate for a couple months now. I'm hoping to buy my first rental property here in my hometown of Sacramento in the next 9-12 months. 

I might reach out to you for some advice! Good luck on your goals. 

@Sergey Tkachev

Thanks for your additional input. Currently, I'm focused on building a relationship with a local community bank and having them take care of my primary residence. The most important thing to me now is to find the right people that can help me set up a strong foundation :) 

@Sergey Tkachev

That's great! I notice you're also a CPA from the Sacramento area. I would definitely be interested in getting together sometime, in fact I'm hopeful that I'll make it to the upcoming meet up this Saturday! 

Btw I'm always down for coffee. Let me know if you ever have time and hopefully we can get together!

@Jennifer Novak

Great! Will do. Thanks

@Sergey Tkachev

That's an interesting idea. Thanks for your input. I'll definitely consider that as I'm "cold calling" different lenders. 

@Gordon Cuffe 

Sounds good! Just send you a connection, lets chat. 

Hey Guys,

I have a primary residence that is worth $230,000. I am shopping around for the best bank in my local area to help support my current need but to also build a relationship with this bank moving forward. Currently, I'm looking for a 15 year mortgage with 4.25% ~ apr and under 5k closing costs. Furthermore, I'm really hoping the bank is investor friendly as I plan on investing in Multifamily buy and hold property in the near future. 

Do you recommend Community Banks or Commercial Banks? Why? Name a bank? 

Here is a breakdown of my thought process and what I'm looking for:

- Investor friendly

- Sacramento locations 

- Strong network with a good track record with other local investors!

All feedback is welcome and greatly appreciated! 

@Allen

Sure thing bro shoot me a message and we can grab coffee any time and share ideas with one another. I'm always down for a good cup of coffee!

@Mark @Matt @Ben @Grant

Thank you for your vote of confidence! Hopefully one day I'll be successful and who knows maybe we'll run into each other if you're located in the Sacramento Area :) 

Hey Guys,

First off I'd like to thank BP and the community here as I believe this is an amazing opportunity for investors. I truly appreciate all of the resources that BP provides and all of the time and advice the community gives back. 

Just some background info on myself, currently I'm a college student on track to graduate in 2 months. I will be the first person in my family to graduate college here in the United States. My family came here as refugees from a very small Middle Eastern Christian country called Armenia. My dad brought my family here with nothing but a 100 dollar bill in his pocket, true story. Anyways, I'm on track to graduate with a Business degree in Accounting and Finance. I plan on becoming a CPA within 12-18 months. Once I graduate I will have about 10-12k in savings, 0$ college debt, 4 paid off vehicles that are all pretty new, and a mortgage of 230k that's currently worth 350k in my hot Sacramento market. I am 22 years old currently and at age 19 I became the youngest General Manager for McDonald's Corporation, EVER. Furthermore, I am in FULL control of our entire family's finances. I have created a budget for us that I monitor month-to-month. Beginning June 1, we will have $6000 a month of "disposable income" that I fully intend on utilizing. 

In the next 15 months I plan on having $90k in savings + 15k in equity, I'll have listened to all 270+ podcasts of Bigger Pockets, read through a list of 30 books I have determined critical to my success, and formed a TEAM of likeminded business professionals. My goal is to invest in Multifamily properties (2-4units) and eventually grow into larger apartment complexes (25+ units) as a means of creating a sustainable business that generates passive income to support my family, my community, and if God is willing then myself as well. 

The reason I went into such great detail about my background and current financial status is that I believe I have lots of potential to hopefully (God willing) become very successful one day. I realize my goals seem bold to say the least, but I would much rather shoot for the stars and land on the moon then stay on earth the rest of my life.  

If you are located near Sacramento County or the greater Northern California area, or if you're just a fellow investor who would like to share ideas, feel free to send me a message or reply! Sorry for the long message :) 

@BrandonTurner #GreatestSingerEver