All Forum Posts by: Jonathan Perez

 Hey Brandon,

Thank you for that info. Is there a specific name for that type of loan? Is it delayed financing?  I’d like to ask Around and see who offers that

My seasoning period was supposed to be 6 months. The lender allowed me to close before that using a DSCR loan, but I did take a quarter point hit for closing before owning the property 6 months.

 Hello Brandon,

I’m investing out of state and the reason I don’t use traditional mortgage is because of the seasoning period with traditional mortgages 

Hello all,

I am curious as to what is everyone's experience using the BRRRR method right now that the interest rates are higher? I just completed a BRRRR and left about $8,000 into the deal. I used a DSCR loan on my refi and my rate was 7%.

I've been analyzing SFR, in San Antonio, and it seems like its harder to cash flow with those type of properties because of the interest rates causing the mortgage payment to be higher. What are you guys doing to combat this? Buying lower priced properties or focusing more on multi family units?

This is the second investment property I own, but seems like I've hit a wall due to the higher interest rates. 

Any advice would be greatly appreciated!

@Todd Rasmussen thank you Todd! I’ll definitely sign up!

Hello,

Are there any upcoming events planned?

@Jon Schwartz hey Jon, yeah that's my biggest concern with a BRRRR and a flip, we don't know what's gonna happen with prices here in So cal.

I actually haven't thought of adding an ADU. Do you happen to work with anyone who has experience building ADU's?

Thank you for the advice, Jon!

Hello everyone,

Ive been a long time lurker on these forums, but usually never post. I live 20 minutes East of Los Angeles and Today I wanted to reach out for some advice.

I currently own a duplex and a condo. I have about 140K in equity in the condo I bought back in June (I put 20% down and rehabbed it) and will be pulling a HELOC on it.

-A lot of people are uncertain how the market will shape out after all this covid-19 situation is over. Would it be wise to jump into a BRRRR at this time?

Other then doing a flip or BRRRR with a HELOC what other strategies do you guys recommend to use with a HELOC?

@Nick Stango

Thank you for the advice!

 What have you found to be the most effective marketing tool?

I see that many people on here agree that is the yellow letters.

Micah,

Thank you for that information! I will definitely study A LOT!