All Forum Posts by: Luke Carl

Any meeting in particular? 

Deals Deals Deals? 

Is it worth the $185 per year or should I pay per visit? 

I went to a TNREIA meeting. It was small but I learned a lot. Was hoping to go back today. 

REIN Seems to be the big one. 

If I have to choose one to pay the membership fee for which one is best

TNREIA = $100

REIN = $185

Anyone been to both? 

Thanks

I've been looking for a partner to do a long term hold rental with me. Going to REIA meetings reading books listening to every podcast taking to everyone I know about real estate. I finally got someone to take a meeting with me next week about entertaining the idea of a partnership. He's my insurance agent but we have a bit of a relationship as I have a lot of policies with him and it's a small town. In the past he had 4 properties with a partner and the parent was no good. The tenants we're dealing drugs and he ended up having to sell them off. How do I talk him in to working with me? Other than of course finding a sweet deal. Which is proving very hard in the north of Nashville market. I feel like I tend to get over excited and scare people off. I like that he's been through this before and isn't afraid to jump in like everyone else that's told me they're interested and I never hear from again. What's my move? How do I sell myself and the deal (or the deal I don't have I should say). Thanks PS any Nashville wholesalers have anything in Madison goodlettesville or greenbrier I can present him with? Thanks!

she asked me my credit score 4 times and all she had to do was scroll up to the previous email each time. Then she forgot to attach the final numbers so I had to assume she forgot and then ask her if she forgot at which point she said oops I'll send them tomorrow. Still nothing. She must be on salary. 

Is it common to have to get balloon loans after 4 conventional loans? Or will some places keep giving me conventional loans if I can show the income from the properties? 

How do I get around the 2 years W2 on the properties rule? 

anyone? bump

I have two investment properties. Currently looking to refi my permanent residence. I was referred to a small bank not far from me that had some decent things to say about getting me in to more properties even when I run out of DTI... But when it came time to talk about the actual refi the woman asked me the same questions via email 12 times because she couldn't remember my answers.

I like to move when it's time to move. I don't want to answer the same question 12 times. Can anyone refer me to a loan officer that would be interested in my refi and can help me get in to my 3rd 4th 25th property?? 

Thanks!

well yes I realize that and I'm sure either one of us could qualify for this loan on our own. My question is, is there any DTI benefit to doing the loans in one name per loan?

In other words if a loan is in both of our names does it count 50/50 per person or does the payment count 100% for each of us in DTI?

Should i refi in both my wife and my name or just in my name? Is there a DTI benefit either way or does it not matter??

Need to refi permanent residence to get rid of PMI.

I just closed on a property with one lender so I could go with her and not have another credit hit and she already has 90% of the paper work. 

I've spoken to a local bank via a referal and they said they're willing to work with me when I run out of DTI to get more properties. I'd like to build a relationship with them. Is it worth the credit hit and all the paper work or should I just do the refi with the other company and bring my next deal to the local guy??

Thanks