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All Forum Posts by: John O'Leary

John O'Leary has started 27 posts and replied 632 times.

Post: SFR Buy and Hold

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

Investment Info:

Single-family residence buy & hold investment in Valley Village.

Purchase price: $165,000
Cash invested: $16,500

Minimal rehab, essentially carpet and paint

What made you interested in investing in this type of deal?

Great cash flow with equity already built in.

How did you find this deal and how did you negotiate it?

Local wholesaler in Central Florida.

How did you finance this deal?

10% down using a 5/1 ARM

How did you add value to the deal?

Carpet, paint, with minimal landscaping. Property was a newer build and was kept in good shape.

What was the outcome?

Kept as a rental netting over $500 per month

Post: SFR Buy and Hold

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

Investment Info:

Single-family residence buy & hold investment in Valley Village.

Purchase price: $165,000
Cash invested: $16,500

Post: DSCR loan, Florida Property

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372
Quote from @Jossalyn Wallace:

Some DSCR products allow you to do interest only payments for so many years. I would ask your lender about that option as well .

Good luck with it! 

This is Correct. There is a 40 year loan with the first 10 years IO. You can also look at 5/1, and 7/1 IO options.


Post: DSCR loan, Florida Property

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

Hi Wendy,

I'd be happy to connect and see what options you have available to you. I'm in Orlando and can also give you investor friendly title companies and attorneys in the area. Lakeland is about 15-20 min away.

Post: Whats the best investor friendly Title Company in Northern California?!

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

Sorry, just read the post incorrectly 

Post: Whats the best investor friendly Title Company in Northern California?!

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

North Carolina is an attorney state, and Brent King Law works with investors.

Post: Searching for Wholesaler Contacts

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

Hey Charles, 

Are you looking for JV partners, or are you looking for deals to take down?

Florida on average will be more expensive and in Central Florida good inventory is still tough to find.

Post: Looking for a video channel of someone doing flips in Florida

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

Alex Quezada is a big investor in the Orlando area with a Youtube chan, so is Robert Vasquez. 

Post: Realtor & Real Estate Investor in Ocala, FL

John O'LearyPosted
  • Lender
  • Winter Park, FL
  • Posts 670
  • Votes 372

Hi Julie,

I'm in Orlando, and I own property in Ocala! Welcome to BP!