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All Forum Posts by: Jaleen Anderson

Jaleen Anderson has started 30 posts and replied 64 times.

Post: How much are you paying?

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

@Jaron Walling so are you just waiting to the rates take a dip and then strike? Basically buying low?

Post: How much are you paying?

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

Hey BP,

Just trying to gauge today's market and wanted to know how much cents on a dollar (you know like the 70% or 80%) are investors in the area are buying for?

I tried my best to word this question in a comprehensive manner, but let me know if you know!

- Jaleen

Post: How Much to Put on a Loan Buydown!?!?!?

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

@Alecia Loveless I like that! That sounds efficient; thank you!!!

Post: How Much to Put on a Loan Buydown!?!?!?

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

@Melissa Hawkes yes I was, and thank you. I just wanted to see others strategy and how it worked for them.

Post: Hard Money Loan & Cash Out Refi!

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

@Jason Gorenchan you knowledge is much appreciated!!

Post: Hard Money Loan & Cash Out Refi!

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

@Jason Gorenchan awesome insight! For the commercial /portfolio loans do you have to go through a hml or banks provide those as well?

Post: Hard Money Loan & Cash Out Refi!

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

@Abby Weinstock Thanks a lot. I had confused myself by over complicating things. Thanks for the clarity!

Post: How Much to Put on a Loan Buydown!?!?!?

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

Quick question to those who are in the rental field:

When you are doing a loan buy down (paying extra on the monthly mortgage), how much extra do you recommend to put towards it? 

Is there a rule of thumb for this?

Post: Hard Money Loan & Cash Out Refi!

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

So really this is a two question post that I would love to hear you guys insight on.

Alright Question #1) "Can you get cash out refi from the same lender who you received the hard money from or you have to go to another lender to get a cash out refi? (In reference to the BRRRR method.)

Question #2) Is there a way to get more that 10 mortgages (traditional limit), and What type of loan is that called?

thanks

Post: Apples to oranges ????

Jaleen AndersonPosted
  • Real Estate Agent
  • Denton, TX
  • Posts 67
  • Votes 2

I guess I don't know. I never looked at it like that, can you possibly share your view on what you look for in a good market to invest in @Joe Villeneuve?