Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Gevin Glines

Gevin Glines has started 10 posts and replied 22 times.

Post: Moving Across Country to Louisville Kentucky

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7

@James Wilcox Solid advice for sure! I'm excited about what that brings in the future. Hope we cross paths in the future out there in KY!

Post: Moving Across Country to Louisville Kentucky

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7
Quote from @Ian Murray:
Quote from @Gevin Glines:

Hello!

I'm an investor with two properties and looking for a big move from AZ. I've heard a lot about the Louisville market and really want to hit the ground running and utilize a VA loan to take down a small multifamily-to-house hack and continue investing. I've started the process of looking into neighborhoods to avoid/look for and it seems like the further southeast the better while staying east of the I65. I'd love to connect with anyone working in the community and build that relationship up as well and any further advice on the market is greatly appreciated.

Very Respectfully,

Gevin Glines


 Gevin,

Don’t pass up on looking further south by Elizabethtown.  There are some good opportunities in Hardin County.  It’s one of the fastest growing counties in the state, and there is a lot of growth planned in the area.

Ian, 
Thanks for the insight! 

Post: Moving Across Country to Louisville Kentucky

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7
Quote from @Frank Preciado:

@Rob Bergeron might be a great resource.

With the financing, our team specializes in the VA loan program. Would love to discuss financing options with you.

Wanted to mention that the VA loan program is primary residence only, so are you planning on relocating to Louisville?

 @Frank Preciado Thank you for the reply firstly! I'd love to have a conversation and connect. 

Yes, sir that is my plan in order to relocate.

Post: Moving Across Country to Louisville Kentucky

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7

Hello!

I'm an investor with two properties and looking for a big move from AZ. I've heard a lot about the Louisville market and really want to hit the ground running and utilize a VA loan to take down a small multifamily-to-house hack and continue investing. I've started the process of looking into neighborhoods to avoid/look for and it seems like the further southeast the better while staying east of the I65. I'd love to connect with anyone working in the community and build that relationship up as well and any further advice on the market is greatly appreciated.

Very Respectfully,

Gevin Glines

Post: Is there a New zelle $500 weekly limit? or is it just some banks?

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7

I received a payment of 900 earlier this month without any issues! Unless this was a recent change or perhaps the difference between using your phone number versus an email address?

Post: Getting financing for more then 2 houses

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7
Originally posted by @Chris Mason:
Originally posted by @Gevin Glines:

Hello! 

So with the saying "great deals will make money come to you" how exactly do you go about getting the funding approved through a conventional loan if there are no gifts or erratic funds dropped into your account allowed for investment properties/loans? Is this something that once you get a deal or deals under contract your partner co-signs and will just take the funds from them?

Thank you in advance!

 Have those private loans secured by other real estate that you already own. Now, it's no different than a HELOC.

You can't use down payment gifts for investment properties, nor can you use unsecured borrowed funds, nor funny money, but you CAN use borrowed funds secured by other real estate.

So if I wanted to use other people's money to fund any investment deal they would have to use a HELOC or some other real estate funded money through a partnership to buy a property?

Post: Getting financing for more then 2 houses

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7
Originally posted by @JD Martin:

OK, I don't like that saying because it assumes that investors will just fall out of the walls that want to work with you on your "great deal". Others may disagree but I always believe you should have your funding source lined up before you find your "great deal". If no one will finance you beyond 2 houses, it probably means your balance sheet is shakier than you might want to admit. Believe it or not, a bank's rejection can often be a way of taking care of you when you can't see far enough out to take care of yourself.

So I need to clarify the question more. I was more so asking how do people structure the lending side/approved if they were using a partner to fund the deal. The example used commonly is one party doing all the leg work managing and the other purely funds this deal. Taking my own funding out of the question completely wanting to use other people’s money. If that makes sense

Post: Getting financing for more then 2 houses

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7

Hello! 

So with the saying "great deals will make money come to you" how exactly do you go about getting the funding approved through a conventional loan if there are no gifts or erratic funds dropped into your account allowed for investment properties/loans? Is this something that once you get a deal or deals under contract your partner co-signs and will just take the funds from them?

Thank you in advance!

Post: Sunday get-together BPCON

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7
Originally posted by @Bill Gallagher:

@Paul Desiderio would love to connect. I just checked in a bit ago, let me know if you're round tonight


Still out and about? I just checked in and love to meet up!

Post: Investors Queen Creek

Gevin GlinesPosted
  • New to Real Estate
  • San Tan
  • Posts 22
  • Votes 7

Hello! All investors new and skilled welcome to the beautiful Ellsworth brewing company. Main goal of this meeting will forever be a networking event to join and meet great people. 

Message me if you have any questions! Looking forward to seeing everyone Thursday.

Respectfully,

Gevin