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All Forum Posts by: Ladd Krestan

Ladd Krestan has started 8 posts and replied 29 times.

Post: Triplex financing options

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

@Jeff Shumway thanks for the clarification.

Post: Triplex financing options

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

@Bud Gaffney thanks a lot!

do you know what the down payment % would be if I went with primary residence? Is that fha?

Post: Triplex financing options

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

Looking for advice on financing options for a triplex. Could use as a primary residence for better down payment rates. If I don’t use as primary would I have to come up with 20% down? Any advice would be great! Thanks

Post: Jamestown NY investing

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

@Jessica Smith I’m very curious why I’m also seein quite a few multifamily homes really inexpensive. Makes me think people are running out of there! Lol

Post: Jamestown NY investing

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

@Jessica Smith thanks for the input. It kinda reminds me of a town in Ohio where I live, but it seems like a lot more available, affordable cool houses with character! Kinda thinking buy n hold my be the route to go.

Thanks again

Post: Jamestown NY investing

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

Love to get some feedback on Jamestown. I’m in NE Ohio amd I’m driving over next week to look around. Seems like a cash flow vs appreciation market. Looking to flip, buy and hold. Any info would be appreciated! 
thanks in advance

Post: Heloc seasoning on cash purchase

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

@Kyle J. Thanks for the info my man!

Post: Heloc seasoning on cash purchase

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

@Kyle J. Thanks man!

I think I’m gonna look around and see if I can find a lender. My credit union lender told me 6 months. So I’m gonna go fishin.

Post: Heloc seasoning on cash purchase

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

Hi All! Wondering If anyone could tell me if I purchase a home cash and I have 90,000 worth of equity in the property would I still have a “seasoning” period after deed transfer before I can access my equity with a heloc or line of credit? Trying to build some velocity with my money! Lol

Thanks in advance!

Post: Attaining mortgage for LLC

Ladd KrestanPosted
  • Flipper/Rehabber
  • Garrettsville, OH
  • Posts 32
  • Votes 9

Thanks Greg!thats kinda what i was thinking.