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All Forum Posts by: Devin Davis

Devin Davis has started 11 posts and replied 102 times.

Post: 100% financing using credit

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

Who all are being creative when it comes to getting a deal funded 100%? What strategies are you using

Post: Cant get financing with 3 cash flowing properties + a job. Why?

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

@Matt Nico it’s time to leave those commercial mortgages alone

Post: Cant get financing with 3 cash flowing properties + a job. Why?

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

@Matt Nico this is an easy situation here. Let me know what you need & we’ll get it done

Post: Downtown Memphis Area Duplexes

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

@Brandon Chandler lol ok, makes more sense. I like South Memphis though personally

Post: Downtown Memphis Area Duplexes

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

@Brandon Chandler you found some duplexes in downtown Memphis? Wow

Post: Interest rate of 5.75% on investment property???

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

@Mo Muigai that's a decent/fair rate on an investment property. You may be able to get it lower if financed for less years or going with an ARM.

Post: Renting Authorized Seasoned Tradelines

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

Lol this post was brought back from the dead

Post: Looking for ways to get out of huge debt, using real estate.

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

The craziest thing I've ever heard on here. REAL ESTATE IS AN EXCELLENT WAY TO GET OUT OF DEBT.

Post: Looking for ways to get out of huge debt, using real estate.

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40

Do some wholesale deals to build capital and pay down debt, or buy properties, rehab em, rent em, then refinance. Pull the cash out of the home and pay down some of your debt with the proceeds and let your tenant pay your debt back for you.

Post: Ways I have found money for investing!

Devin DavisPosted
  • Rental Property Investor
  • Memphis, TN
  • Posts 114
  • Votes 40
Originally posted by @Bryan Cavellier:

@Nicole Heasley I cant image having a CC line of $100k! Is that a realistic number for an experienced investor? I am new and not there yet, just curious!

You can reach it with multiple cards easier. I have $110k in personal credit currently