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All Forum Posts by: Jackie Jones

Jackie Jones has started 3 posts and replied 5 times.

Post: Private Lenders in Arizona

Jackie JonesPosted
  • Investor
  • Alta Loma, CA
  • Posts 5
  • Votes 0

I want to buy a duplex.  One for my son to live in ( and pay) and the other a straight investment.  I'm finding condos for $35,000-$50,000 in good shape.  As you know, lenders don't want to finance under $50,000 which prompted me to want to buy 2. 

I would like $70,000-$85,000 for 2 years.

Post: Private Lenders in Arizona

Jackie JonesPosted
  • Investor
  • Alta Loma, CA
  • Posts 5
  • Votes 0

I am looking for a private lender to purchase a duplex in Phoenix AZ. 

Post: How Should I Acquire?

Jackie JonesPosted
  • Investor
  • Alta Loma, CA
  • Posts 5
  • Votes 0

Hi David

Yes.  That helps a lot.  Thank you! 

Post: How Should I Acquire?

Jackie JonesPosted
  • Investor
  • Alta Loma, CA
  • Posts 5
  • Votes 0

I am looking to buy a property in Phoenix, AZ for my son to live in. At first I was going to purchase a cheap 1 bed condo for less than $50k. However, I've decided I want to purchase a duplex or triplex creatively.

My credit union has offered to increase my credit card limit to $44k. I was thinking about using $20-25k as a down payment which still leaves some money for working capital. Apart from using my credit card, what creative ways could I acquire a property? I do have cash funds from other resources, but I want to acquire using OPM.

Ideas?

Post: Introduction

Jackie JonesPosted
  • Investor
  • Alta Loma, CA
  • Posts 5
  • Votes 0

Hello

I'm in California, but my properties are in Nevada,  Pennsylvania,  and Georgia.  I have 2 single family homes and a condo. 

I'm ready to buy a multifamily property.