All Forum Posts by: Manolo D.

Scott M West The promise of future work is 99% non-existent to us contractors, just so you know. I got to ask, what is wrong with the existing contractor? Finish his contracted work at the same price?

You can’t advertise here. You could go to the marketplace for that.

Lisa Misuraca What are your comps having?

Dan Carbone Can’t even find a garage for 250k here.

Wow, talk about worse ideas for a buck. I’d rent your place and i’ll bring your car home with me, sell it on craigslist a few months after part by part.

I would not like my info of any sort be exposed as much as possible, not even from any government worker, or especially from them. Not helpful reply but I’m just voicing out from the other side of the fence.

For 100k? What anyone teaches can be found here. Sure it will fasttrack education, but what is your ROI on that 100k? They make a path to follow but it still is up to you how you follow through, the path is too narrow. Unless you have 500k laying around, any coaching is not worth it. I’d rather take my 100k and decent credit score and take the plunge then gain from experience and take a loss any day, every day!

Elaine Hester if grading is approved, you know you could go ahead and start with that right? Cut some time and all.

Jonathan Taylor Your problem relies on being an independent contractor, or self employed. 99% of the lenders are going to have the same answer. The issue is fluctuating income, you could have 30k first quarter and 5k second quarter, in short, lenders will not know if you can pay 3 months of mortgage on that second quarter, whereas if it is a W2, they will know that you will have the paycheck regularly and more assured you have something to pay their debt with. Now, you mentioned laughable, to me it is laughable for you to look for a multi family with that low of an income, i mean 50k or 60k/year is almost nothing in CA and you want to start with a multi which needs more deposit, more management, and more strict underwriting. If you really go with that route, you will end up two things, a very high interest rate, or a very big deposit. Unless you can find that 1%.

Esther Li Interesting day job you got there. Welcome!