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All Forum Posts by: Ko Kashiwagi

Ko Kashiwagi has started 1 posts and replied 750 times.

Post: 5 Unit Rental Funding Issue

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Hi Corey,

It's available but there is just less options as you may have seen. As long as it's fully occupied it should be doable even as a first timer. 

Post: Advice on Getting a Lender/Financing

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Hi Seth,

Typically investors use hard money (purchase and rehab) and DSCR financing (long term financing for the refinance). Both of these financing can be obtained as long as you have good credit.

Post: Seller financing financial questions

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Have you already talked to the seller? You could put seller financing on second position and get financing for the first and do a 90% CLTV.

I don't think any lender (unless private) will let you put nothing down. If you don't want to put a single dollar down then you can just structure a 100% financing with the seller

Post: Hard Money Lending Questions

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Not everyone has the same priorities - some care about interest rates the most, other care about the points the most, getting the most leverage, closing timeline, reputation, smoothness of the transaction, etc. So I would ask what you care the most about depending on the type of deals you do.

I do think checking references and reviews is important as that's sometimes overlooked and some lenders are notorious for switch & baiting. 

Post: Realtor Introduction. Cleveland Ohio

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

What kind of deals do you specialize in?

Post: New Investor looking for land in Ojai & Malibu, CA + lender connections for rentals.

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Welcome to BP! What kind of financing are you planning for? Conventional or DSCR?

Post: off market property deal

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Used to spend a lot of time on wholesaling... Everything works but it just takes time to get consistent leads.

If you are good at prospecting and building systems, I would recommend cold calls.

If you are good at online marketing and paid ads (and you have budget), I would recommend social media advertising, PPC, Facebook marketing

If you don't like prospecting but want inbound leads, direct mail still works

If you want to be people focused then networking with agents also works.

Post: Where to find Owner Phone Number for Run Down or Abandon Properties?

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Which skip trace services have you tried?

I've tried a couple - truepeoplesearch, white-ages, property radar, leadsherpa, batch leads...

Some services are better than others, but it is a numbers game and you also can cross check between different platforms.

Post: Investors in the UK

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Do you live in the UK or in the States?

Post: Air AI - cold calling system

Ko Kashiwagi
Pro Member
Posted
  • Lender
  • Los Angeles, CA
  • Posts 760
  • Votes 366

Been looking into these AI call systems too so would love to hear perspectives as well. I had a call with Simpletalk a few months ago and seemed pretty interesting but haven't pulled the trigger yet as it is costly.

I know services do white labels and people brand it into their own AI call services, which mean a lot of these AI calls may actually be the same service...

How much does Air AI cost?