All Forum Posts by: Josh Rowley

I have a friend who has money with FTF and it seems like everything’s in limbo right now. Apparently the fund transfer processor they were using went bankrupt.

Looks good, I love to see new construction come up out of the ground.

One question I would have would be have you managed any multi families at all yet? They just run differently than single family. Doesn’t mean it’s bad it’s different. It is true that most of the multi family are in the c neighborhoods except if you go to the beaches or Riverside area. I own and manage several multi families in the 32209 and 32206 And have since 09’.

Hi Scott, once the deal was completed what was the final value and cash flow scenario looking like?

@John James are you saying that it's $1k/mth cash flow with 100% seller financing?  That doesn't sound so bad.  Or did you have to put a big dp up and then it's only the $1k/mth?

Has your lender consider the additional income that the multifamily would bring in to help you qualify for a larger loan.? That is if you're planning to live there. Like a 3-unit where you live in one of the unit and rent out the other two. If you're not planning to live there they do want reserves larger down payment and you have to be pretty strong.

Hi George, way to move through the challenges and accomplish something remarkable.  I am currently building 3 sfr to rent and manage a portfolio of lower income apt and sfr. I read through the posts and didn't see this question.   I'm curious why you opted to go with an all-utilities-included model vs the alt?  Is this what the market there requires or did you gain enough of a competitive edge to make it worthwhile?  I know you had many questions already.  Josh

Way to go Gino.  I appreciate that you live out your "seeking to serve" by helping others including myself.  I would say keep crushing it, but where do you bigger from here?

Josh 

Indra, have you considered just refinancing to pull out cash and keeping the property?  If it will still cash flow, then this may be an option.

He's an insurance guy so I would imagine he has thought through the liability angles.