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All Forum Posts by: Jonathan Cisneros

Jonathan Cisneros has started 18 posts and replied 43 times.

Classifieds

Post: Looking for fellow Veterans to partner up with

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18
Quote from @Alina Weber:

Thank you for your service! I DM'ed you please respond when you get a chance.

I tried calling the number and text. Do you have a legit contact?
0 Votes
Riverside, California
Classifieds

Post: Looking for fellow Veterans to partner up with

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18

BP fam,

I'm a veteran myself looking to possibly partner up with a fellow veteran investor that's open to this collaborate.

Let's schedule a call or zoom meet, or in person.

HOORAH

0 Votes
Riverside, California
Classifieds

Post: Duplex with ADU FOR SALE

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18

a new law called Assembly Bill 1033 now permits Californians to buy and sell them as condominiums, separate from the main house.

https://nationalmortgageprofessional.com/

0 Votes
Los Angeles County, California
Classifieds

Post: Duplex with ADU FOR SALE

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18

Attention BP Family!

I have decided sale my Duplex Property, which now has a ADU unit! The two existing units rent for $3,000 each. With the new ADU benefit in Los Angeles of having the option of separately selling as a Condo, is a Plus! However, I will sell as a 3-unit property. If anyone is interested in purchasing, as a rental or live in one & rent out other two units, please contact me before it goes on market.

I will share details.

1 Vote
Los Angeles County, California
Classifieds

Post: Construction Loan recommended

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18
Quote from @Denver McClure:

Hey @Jonathan Cisneros, glad to see a fellow Vet in here working on a deal! We can help with construction loans. Feel free to shoot me a PM so we can connect. 

Let’s connect and talk!
0 Votes
Los Angeles County, California
Classifieds

Post: Construction Loan recommended

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18

I’m also a Veteran. Is this Grant for Veterans??

0 Votes
Los Angeles County, California
Classifieds

Post: Construction Loan recommended

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18

My plans have been approved to convert my 800 sq ft garage. This is currently a Duplex Property. With both units occupied! I’ve owned the property for 10 months. I’m looking to get a Construction Loan. Any recommendations?

0 Votes
Los Angeles County, California
BiggerPockets Exclusive PRO Area

Post: There are so many resources here

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18

Just wanted to stop by & say I LOVE BP!!! So many useful resources.

3 Votes
Riverside, California
Starting Out

Post: One rental Triplex!!

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18
Quote from @Dan Portka:

@Jonathan Cisneros you have any reserves saved aside from the $15K? You might not want to touch that money in case a repair or vacancy comes up. 

Since you're low on cash, you may want to consider a more active approach like flipping as you mentioned to build up money for a down payment on your next rental. HM loans will require you to have some skin in the game so you'll need to bring some of your own capital to the table and also have enough in reserves to cover the monthly expenses.

You may be able to find a partner with some cash to cover either a down payment on a rental or the down payment on a HM Loan for a flip.. but that partner will want to see your track record/experience as well as the details on how you intend to make a profit. 

Pretty general response to your questions.. feel free to reach out any time if you'd like to discuss anything further.


 Yes! 

I agree. I do have a plan though!! 

0 Votes
Los Angeles County, California
Classifieds

Post: VA Construction Loan for Quadruplex???

Jonathan Cisneros
Pro Member
Posted
  • Inland Empire CA
  • Posts 44
  • Votes 18
Quote from @Kawika Smith:
Quote from @Jonathan Cisneros:

Kawika,

I too would like to find out about this. I'm a Veteran myself. Feel free to PM me.

Hoorah

I will keep you updated and send you a pm brother. 

 Thank You Brotha

0 Votes
Albuquerque, New Mexico