All Forum Posts by: Jan Wanot

Following up on this thread. Actually, you CAN "do-it-yourself" with a Homestyle Renovation Loan.

Lender Discretion. Can only finance cost of materials, no sweat equity. Only up to 10% of as completed price of home. 

Look at the top of the second page at this link: https://www.fanniemae.com/content/fact_sheet/homes...

Tony, the link isn't working. Please advise if it's still up. 

Hi Josh, 

Those above have already mentioned the aquisition strategies. 

In terms of successfully flipping a home without being a handyman: It doesn't matter if you're handy. 

I managed 22 mechanics building the 777 wing. I didn't turn a signle wrench during that time. The aircraft turned out great (At least so far :).

What matters is that you can effectively find and manage a team that will bring you the desired results. I would recommend finding referrals for contractors, accountants, brokers, and the other various service people you'll need in your work. 

To get you started, I can heartily refer my brother for his wholesale wood and laminate flooring installation services. http://wanotflooring.com/

Best of luck and we hope to see you at a local meetup!

@Kerry Smith, 

Welcome! @Adrian Chu has recommended realestateschool.org for me as an online option.

If you have time during the work week, I've heard great things about Rockwell Institue.

Unfortunately, I have a day job, and am not willing to take vacation for classes.

Let me know if you do find a school with night and weekend options! Otherwise, I will be starting my online classes next week.

Best,
Jan

Hi Brandon, 

My brother does fantastic, and VERY efficient and fast flooring work. His name is Ludomir, and his company is Wanot Flooring.

He specializes in laminate and wood flooring, but has experience in others. Best prices around.

His contact information is: 206 266 3973

Cheers!

Jan

hey I'm also in the area for a investment oriented realtor!

Crossing my fingers for us both. 

Garret Shoot me a note when you're in Seattle and we can tag up for dinner to discuss deal hunting.

Finally back from Germany and I'm excited to make my first meet up!

If you spot a tall Eastern European guy come say hi. Looking forward to meeting you guys.

Cheers,

Jan

Big congrats! 

I'm Polish, first generation dual citizen as well. Sending you a PM about tagging up. 

Would love to hear about your current offer and developer background. 

Cheers,

Jan

Welcome Johannes. As a fellow person with a less common name, I have to ask about your cultural/ethnic background.

I'm also interested in cash flowing multi family outside of Seattle. When will you be pulling the trigger?

I'll be saving for the next 12 months before j do. Lots of time to learn till then! 

@Matthew B., thank you for the thoughtful reply! My parents or current mentors are not at all involved with RE, but I am not giving up!

Hoping to find some mentorship by attending local area meetups in Seattle, and sharing my RE goals with people all over. 

Keep up the great work, and I'll be check back for updates.

Jan