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All Forum Posts by: Loren Davy

Loren Davy has started 3 posts and replied 65 times.

Post: Part-time Investing

Loren DavyPosted
  • Investor
  • Monahans, TX
  • Posts 70
  • Votes 26

Have you looked into buy and hold investing? You can have a PM manage the property which will not require much of your time. Just make sure the numbers work out that you have some cash flow while building equity.

Post: New Investors Need Help on Multifamily Unit

Loren DavyPosted
  • Investor
  • Monahans, TX
  • Posts 70
  • Votes 26

Doug, I have a lender that will lend on non-owner occupied 1-4 unit properties, 70% LTV. Send me a PM and I will see if I can help you out. Have a good weekend.

I would like to help with your beta testing. Thank you.

Post: Too young for Conventional?

Loren DavyPosted
  • Investor
  • Monahans, TX
  • Posts 70
  • Votes 26

Some banks are more willing to listen to a story loan (more to the loan package then what the application shows). Try your local more regional banks. If your still not finding a solution or have time constraints, contact a broker to help you out. A broker may have a lender that would be willing to listen to your story.

Post: Starting out in West Texas

Loren DavyPosted
  • Investor
  • Monahans, TX
  • Posts 70
  • Votes 26

Shane, I have an idea for some storage units in this area. I am not in a position to make it happen right now, but I am willing to tell you about it. Call me, 432-770-6105.