All Forum Posts by: Isaac Guzman

Thanks @Jason James Glad to see you are so helpful to the newbies. It is greatly appreciated. Please keep us updated. 

Brian makes a whole lot of sense. Treating this guy right in this transaction may open up a good relationship or referrals and ultimately lead to some good stuff. Thanks Brian!

From what I can tell it seems like the numbers make sense. I have no idea how the bank and end buyer will feel about the S2 part. I have no experience in that area but have heard that concern be raised before, as the bank most likely has a clause allowing them to call the 200K when the title changes. I could be way off but just something to consider. 

Welcome @Jarod Bona . Always glad to see a fellow San Diegan. As a newbie, I plan to learn as much as I can about the legal part of REI. That being said, I definitely will be checking out your blog. Thanks for sharing!

Thanks for sharing with us newbies. I know you mentioned you would post the numbers after the rehab but do you have a time line for this project. Just trying to wrap my head around this a little better. Definitely will be following this post. Thanks again for sharing. 

@Chris Martin - Thanks for the great information. Glad I decided to check out this post. 

@David Soria - Welcome. I'm from CA and am in a similar position. Definitely

 in the analysis stage right now as well. Finding BP was such a great help in boosting my knowledge and confidence. Hope it serves you just as well. 

@Trevis Kelley - Thanks for posting the updates. Much appreciated. It allows us to see how different scenarios play out. I hope those FSBO's work out for you. Keep us posted please. Have a great Friday!

@Lester Scott Welcome. I would recommend checking out the BP podcasts for some advice on this. The one that comes to mind at the moment is episode 67 with Tim Gordon. Podcast 67 There are a ton of others but this one talks about some of the things he did when he was starting. 

@Travis Sperr - thanks! That gives me a good idea of what I can expect. That in mind, my time will probably be best served learning REI rather than promoting funding here on BP.

@Bruce May - I work with Reliant Services Group (AKA Reliant Funding). #3 fastest growing company in San Diego in 2014 and #4 in 2014 (based on revenue). My office is right here off of Sorrento Valley Road. 

We provide unsecured funding lines for business entities. We primarily do micro business loans with 6-18 month payback periods (first round). We also provide our lines as a somewhat hybrid line of credit. Meaning that once a funded amount is 50-60% paid off, we can renew with longer terms and cheaper costs. With short payback times we don't do compounding interest or anything like that. A simple fixed cost of capital is applied to the principal (factor rate depends on terms, amounts and quals).

Let me know if there is anything I am missing as far as information I should be providing to people requesting info on our products.

Thanks!