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All Forum Posts by: Jan Michael Ronquillo

Jan Michael Ronquillo has started 7 posts and replied 23 times.

Post: Help with BRRR strategy!!!

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3

@Mike Dorneman

Thank you for the response! Well, that is the plan, acquiring several properties. That's why I was wondering on how to proceed with this transaction. I'm also looking for no seasoning loans since I just acquired the property. So, wish me luck and hopefully I could pull this off!

Post: Help with BRRR strategy!!!

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3
Hello BP community! Hope somebody could enlighten me with my situation. I purchased this property with a personal loan for 5 years. My question is, how should I tackle this loan? Should I leverage and let the rent and a little of my money pay for the next 5 years? Pay this loan as fast as possible, so its paid for. Then start saving the cash flow for another property. Or cashout refi? If that's the case, should i buy another property or pay the loan and use the cash flow to save for another property. Any opinions/ suggestions/ criticisms will be appreciated. Thank you again BP community!!!

Post: Transfer title to LLC

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3
Deanna Anderson thank you Deanna! I will surely give them a call! Hopefully everything works out smoothly!

Post: Transfer title to LLC

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3

@Johnny Hastings Thank you for the reply. Just wanted to clarify, will this process need a attorney? And does it has to be state-specific? It's located in Indianapolis btw. Thank you again.

Post: Transfer title to LLC

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3
Hello BP community! Good day! I was just wondering if somebody could enlighten me on how to transfer my personal property title to my newly acquired LLC. Hope somebody could give me insights. Thank you very much and any information would be greatly appreciated.

Post: GC needed for repair estimates

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3

@Cameron Davis thank you for the feedback! I'll definitely give him a call and let him know you sent him! Hope it works out! 

Post: GC needed for repair estimates

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3

Hello. Good day! Just wondering if anybody from the Indianapolis area would happen to know or refer a reliable GC they have worked with before. I would like to have a property scoped up and estimated. Thank you very much and hope to hear from somebody in the BP community!

Hello!

Good day!

Jem Ronquillo here. I would just like to express my interest regarding the property in 4729 University Indianapolis, IN, 46201. Is it still available? If so, I was wondering if you could provide more of the specifics concerning the property and more details (specific address, current pictures, repairs, rehab done etc.) would be appreciated.

Jem

Post: OFF MARKET 4-Plex in Stockton, CA

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3

Hello!

Good day!

Jem Ronquillo here. I would just like to express my interest regarding the property in 8642 Acapulco Way. Is it still available? If so, I was wondering if you could provide more of the specifics concerning the property and more details (current pictures, repairs, rehab done etc.) would be appreciated.

Thank you very much and hope to hear from you.

Jem

Post: Indy Fountain Square Fixer-Upper

Jan Michael RonquilloPosted
  • Hayward, CA
  • Posts 30
  • Votes 3

Hello! Can I please request for more details concerning the property if still available? Thank you! 

@Seth Crowder