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All Forum Posts by: Maria F Castillo

Maria F Castillo has started 1 posts and replied 6 times.

Post: Dscr loan advice

Maria F CastilloPosted
  • Posts 6
  • Votes 1

Could you help me with a recommendation for  an investor friendly lender for dscr loan in Texas , thank you 

Quote from @Scott Reigns:

Hey everyone, I recently enrolled into Richard's masterclass for January. I have been reaching out to him for a while now, getting free resources from him which he regularly posts about and also chatting, he has given me great advice and his resources were really helpful. Super cool and not pushy, he connected me with his right hand man to explore some mentorship options and I enrolled in the masterclass since I feel like it matches my goals and visions, as well as it can fill the gaps of knowledge I have. 

So far into the portal, I am amazed on how many things it has, he has overdelivered for sure, I am reviewing all the material now that its holiday season and I am looking forward into the classes and the coaching calls.

I will update my post once I finish the whole class and leave my full review on it.


Quote from @Adrian L.:

Hi Guys,

As a fellow investor, I recently completed 2 renovation projects and went through the pains of screening several contractors. Some bids were crazy high while and I decided to go with one that was very low.  I learned why it was so low and paid for it.  Luckily I gave him a small job (guest bath) before giving him the rest.

I ended up going with a family recommendation and couldn't be happier.  It was completed on time and on budget.  

Please PM me or send me an email for recommendations and I'll send you photos of some of the work we did together.

Thanks!

Adrian Lopez

Sr. Lopez, le agradecería si me pudiera compartir el contacto de un contratista serio, yo también soy nueva en este negocio , ayer estuve a punto de firmar un contrato con una casa de Wholesaling que tenía un montón de banderas rojas, por suerte lo hice revisar antes de perder $7K por mi inexperiencia, no me quiero dar por vencida antes de tiempo pero si estoy buscando la mayor cantidad de información y ayuda personas como usted que ya están en este negocio , ojalá pueda ayudarme con alguna clase de información y advices ,,, gracias anticipadas 
Quote from @Johnie Hopkins:

Thanks for the heads up, @David Ward.  I have found two contractors that I am interested in via Thumb Tack and will attempt to do a cross-reference using Angie's List. 

Mr. Hopkins  I am in the same position as you as 9 years ago , I am looking for good contractors for fix and flip and serious wholesalers, would you please help me with some contact? Yesterday I was about to sign a contract with a local wholesaler firm, luckily a lawyer reviewed it and warned me of a series of red flags.
Quote from @Shahriar Khan:

@Femi Ibrahim so sorry about you losses. I dont buy from New Western now but when i tried they came out to expensive for me. A lot of people in Houston find them ok. 

Whosellers are double edged swords. If ones KNOWS THE MARKET /REHAB , they will find you the best/cheapest deals with wholesellers. I am yet to see a realtor beat wholesllers price ( i love you all realtor out there ) . If once DOESNT KNOW THE MARKET / REHAB then realtors may provide another sets of eyes thus may be beneficial .. 

Permit with house /floors /no floors are all easy and typical for major rehabs. (last reahb i used 17 piers on a 1,100 SQFT house.. figure that ). I dont touch a closing statement without a survey on hand. Survey along saved me tons . 

I hope you dont stop here with RE, go get the second one and break even . You know the most about all those issues and leverage those. 

Please Mr. khan , could you recommend me a serious wholesaler in the Houston area ?


Quote from @Lydia R.:

@Femi Ibrahim New Western has a terrible reputation here in Dallas. I absolutely refuse to even speak with any of their guys when they approach me at REIAs and meetups etc. It sucks you had to learn this way, but making mistakes is the best way to learn. Thank you for sharing your story here to help prevent other new investors from falling into the same trap.

Hello Lydia We are a group of investors new to the world of fix and flip, could you please recommend a serious wholesaler?