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All Forum Posts by: Jonathan Maldonado

Jonathan Maldonado has started 5 posts and replied 21 times.

We just got under contract with a property owned by Zillow. Looking for any info on how the process will go dealing with them. I’m curious about things like how they respond to requests for repairs, credits, extensions, etc. we are going into this a little nervous because they are such a large company, any tips or inside info would be great! Thank you!

Would you consider live stream? My husband and I are from St. Petersburg, but since my wife is active duty we live in California. It is difficult to find meet ups here and would love to be a part of your group. 

Hello, will you have another meet up? 

Originally posted by @Gagan M.:

@Jonathan Maldonado nope. Closing costs should be around 3k + prepaids. Without details, we can only speculate

That’s what we were budgeting for, but if you review the document I posted their loan fee is almost $2500 alone.

@Mya Toohey thats right because they lead us to great recourses like you!!! MVP

Im looking to buy a home in Tampa FL and put an offer for a standard cookie cutter home in a non flood zone 2/1 SFR. I chose my lender months ago and feel like they are well versed in the game and close on almost 700 homes a year. Our porjected numbers for closing costs SHOULD have been around $3000 for a $115,000 house but the Lender gave us back a projection of $9000 for closing costs!!!!!!!! Are we going crazy? insight would be nice.

details:

We live in california and the home is Florida at$115,000

Its a conventional loan with 20% down at 4.125% interest

First American Home Warranty has a horrible reputation and reviews including with the BBB, I have made a complaint personally. They just give the runaround after the first repair person fails to fix the issue. 

@D. Stephen Anderson At this time my wife and I are looking into SFR's in those 2 markets. Im new to Bigger Pockets too and thank goodness becuase the amount of information on here has been so helpful.

@Michael P. My wife and I are not from Ohio and we live in California so maintaining properties our selfs is out of the question. Most properties offered do provide a 1% rule with some even higher. We are looking for SFR's with strong cash flow. We've heard many big name investors refer to Cleveland and Cincinnati as those markets but havnt been able to make the numbers look as appealing as would like them to be. Still have our fingers crossed though.