All Forum Posts by: Joshua Mckenzie

 My wife and I did this about 13 years ago we had the chafa program I didn't know this was still available to first time  home buyers 

it is essentially down payment assistance you put the majority of the down payment into a 2nd loan 30year fixed with means your mortgage payment go up like 100.00,  we then payed off that with the tax savings the following year..

don't quote me I am not a advisor . Entertainment purposes only 

lets do this !!

well said !!

This is an investment type/ learning platform to be sure!

I get it it is exciting to hear the testimonials and the excitement of personal and financial  independence! I have to admit I have reached to REA  only to talk about current home ownership and options moving forward. 

perhaps a/an  F A Q page could get answers with future questions ?

i don't  want to step on any toes. I think the platform is helpful, although it is a little intimidating to navigate, with so many types of investing options I think its a great platform 

Thanks for the info this is very helpful

Colorado  

Thanks for the info this is very helpful 

I have a odd question,  70+ unit property 6mill left on note 5.50 30yr amortized   assuable 3 yr i/o remain 

BP calculator, Cash flow is positive cap x 1.5mill in Improvemennts in the last year with 20 units for value add improvements 

where do I go to get approved or a deal or a foot in the door? 

can I have nibble to learn and grow 

thanks in advance..

thank you for the info ...this llc was an older business i had, and sold/losed in 2015. no claims or negative  sorry tmi lol

does having a long LLC history 10+ years in business help in any way

Just asking dumb questions (Thanks in Advance!!)

google lol
Debt service coverage ratio (DSCR): The DSCR is a financial metric that compares the property's net operating income (NOI) to the loan payments. Lenders typically require a DSCR of at least 1.2 to 1.25, which means the property's NOI must be at least 120-125% of the annual loan payments.

this would be a boost to the investing time

River 

is this a hard money loan?