All Forum Posts by: Jonathan Ramos

I'm am going through the process right now with a property in Yucca Valley. So far my application has been bounced back twice. Making future city appointments are 2 months out. The biggest headache is not getting a uniformed answer about particulars such as hot tub, pool placements. 

My advice is be very thorough in your application and call them frequently for any questions.

Good Luck!

Thank you Joe for the great advice. Definitely want to do this right!

Hi BP Community! 

I have been seriously thinking about improving my parents rental property (which I live in) and adding a 1/1 in the back or 2/1 if possible. The property is 20 minutes SE of DTLA and can honestly say you're less than 30 min to major attractions (beach, Disneyland, Rams stadium, 3 Cal States). We have owned it since the early 90's and did some minor upgrades here and there. But nows it's time to do a complete overhaul. 

My question, what types of loans are out there to help finance a full on construction project? I will definitely be putting my own cash in the project to start. Basically I want to BRRRR without the (Buy) part. Then hopefully repeat and buy similar distressed properties in the area. Eventually I will inherit this property so why not add value now and bring more cash in for my folks & I?

What do you guys think? Looking forward to getting some guidance and starting my real estate journey!

-Jonny