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All Forum Posts by: Hira Bakhsh

Hira Bakhsh has started 7 posts and replied 11 times.

Hi Charlie,

Thanks for the response. You have asked some great questions to point me in the right direction. Much appreciated!

I will be joining full-time. In parallel, I will be running fix and flip projects as an investor. My main focus is personal residential investments (fix and flips to begin with and later transition to the rental market). Eventually, when I have enough rental property portfolio, I want to establish a brokerage and management company.

Thanks in advance!

Regards,
HB

Hi Fellow BPs,

I am in the process of getting my RE license next week. I am seeking advice to find the right brokerage (investment focused and has extensive training for fresh agents) to work for and learn from. Eventually, I want to establish my own brokerage. Location is San Mateo/San Francisco and surrounding areas.

Originally posted by @Julio Garcia:

Have you reached out to hard money lenders? 

Hi Julio,

I am trying with them, but most of them want to be the primary mortgage holders as well. They are reluctant to provide a rehab only loan as a second mortgage, as I already have primary conventional loan.

Hi Fellow BPs,

I am searching for qualified Real Estate CPAs and attorneys to partner up with. Where do you generally find such service providers. Haven't had much luck with Yelp or other common platforms. 

Regards,

HB

Hi Mike,

Thanks for the detailed response. The property is currently held personally but the rehab work will be performed under an LLC. Planning on getting a General Liability and a project specific insurance. Any other insurances I should consider that you think would provide additional benefit?

Post: Rental Investment Property

Hira BakhshPosted
  • Posts 13
  • Votes 2

Hi Folks,

First time renting a recently purchased investment property in SF, and eventually want to do a 1031 exchange in a couple of years.

Any experience you could share regarding the process and anything to lookout for would be very helpful.

Regards,

HB
 

Hi Folks,

Looking for some guidance for insurance and contract clauses for a flip property:

- What insurances should I consider to fully protect myself and the property against any and all liabilities

- What essential clauses should I include in my contracts with my contractors to gain maximum protection and benefits

- Any other advise for starting of a rehab project

Finally, I love to connect with fellow investors. Say 'Hi' if you would like to connect and expand your network.

Your replies are greatly appreciated!

Regards,

HB

Hi Folks,

I recently closed on a flip property in San Francisco as a conventional loan. Now looking for renovation loans for rehab. Any suggestions on how to raise money/get loans for rehab only would be greatly helpful.

Post: Probate Sale Process

Hira BakhshPosted
  • Posts 13
  • Votes 2

Hi,

I am wanting to invest in a probate sale with hard money lending option.

Please share your experience and things to look out for in such sales. Also, any insight on closing process will be extremely helpful.

Regards,