All Forum Posts by: Jared Polk

Hey Chris,

If she was to buy it then he'd get even more money, although I guess maybe her cost would be far lower to finance with low down payment. Even at a 6% interest. Is that what you're suggesting?

Bill,

Thanks and yes he is likely capable of pushing for a sale but so far, seems to just want some quick cash.

Elias,

Thank you for the advice. Would you mind if she gave you a call so that she can explain the details better and get your thoughts?

I'm just getting started and am planning on buying a MF in the near future. I just met a potential money partner who own a 4br she lives at. She put her ex on the title and the loan is in his name. She has substantial equity and wants to invest with me but her ex (common law marriage) wants 250k to take his name off. She's thinking of giving it to him out of desperation but doesn't want to since all the mortgage was paid out of her pocket. She's thinking of trying to assume the loan but I told her I'd try to see if there is a better way to move forward. Any advice? Thanks!

Hey Jessie! Im trying to find a good cpa who understands the biz in our area. Do you have any recommendations?

Jose, I've just joined and saw your post. I'm out of the same area and interested in multifamily BRRRR, or live in flip, but either way, househacking for sure. How's the journey so far?

Thanks for the welcome and the advice! I plan on taking full advantage of it all, as suggested. The last deal i did was a jv and I've not bought a home in my name so I'm interested in first time home buyer programs and possibly leveraging my stock portfolio to secure financing. My fi advisor has done a great job w/ stocks but isn't on board w/ me going into RE. Do you have any suggestions?

Thanks for the welcome and the info! I'm just getting the ball rolling but will reach out when I'm ready to make it worth your time. 

 I'm barely beginning the search but to answer your question, yes, there is opportunity but alot to sift through.

Greetings BP! I did a flip a while back and am now just getting back into the game. Just joined and am currently looking for a live in flip/multifamily deal in greater LA area.