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All Forum Posts by: Jordan Lagrassa

Jordan Lagrassa has started 18 posts and replied 67 times.

Post: 30+ properties ?

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7
Originally posted by @Roger S.:
Originally posted by @Jordan Lagrassa:

Looked into it today and i can get a commercial 15yr loan at 5.25% rate adj every 5 years

 Check what the cap is on the adjustable rate.  My bank initially started at 3% but agreed to 2% without any argument.   The 2% cap means payment will most likely not go up even if the rate increases the max each 5 years.   That was important to me.

 I didn't look into that but that is a great idea. Thank you

Post: 30+ properties ?

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

banks most of the time won't lend to an llc . And if you try and move it into one then they could foreclose on the house if you still had a lien on the house with a bank

Post: 30+ properties ?

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

Looked into it today and i can get a commercial 15yr loan at 5.25% rate adj every 5 years

Post: 30+ properties ?

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

Makes sense guys thank you . Are private lenders doing 20+ year loans for there investors?

Post: 30+ properties ?

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

I have listened to many podcasts where people have more properties than the 10 loans I know is the max amount allowed . How are they doing this? Their debt to income ratio for that many conventional loans seems to be impossible to achieve . Any clarification on this would be appreciated. Thanks 

Post: wordpress

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

@trevor 

@Trevor Ewen I actually got in contact with the owner and he told me what he used. I will definetly hire help if needed. Would something like upwork be able to help ?

Post: wordpress

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

I ment to put it here

Converio

Post: wordpress

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

I found the one I was looking for thank you

welcome. I live in temple also. Feel free to contact me any time 

Post: wordpress

Jordan LagrassaPosted
  • Temple, TX
  • Posts 68
  • Votes 7

At this point i am not sure if ill be hiring help or not. from the looks of it i think it will be fairly easy to setup once i figure out what theme i want to use that will be compatible for me.