All Forum Posts by: Matt Siapin

 Eric, good info.  BUT - A "noobie" isn't going to know where to find this info.  Seems more of scare-off than helpful.

@Joe Homs is a great resource on throwing a couple questions.  He seems to find a good deal no matter what.

You might want to give a look at local monthly meetups (one in Mission Viejo and one in Yorba Linda).

Also, might want to look at Fund2Flip app.  No idea about it, just heard wholesalers post there, and there's funding available there also.

Lastly, a fast way to make 30% (maybe more) right off the purchase is international investing.  USD is  much higher than most currencies, once that corrects itself, you've missed your chance.  BUT not for faint-of-heart.  Shout out to Mexico and Australia!!

Welcome, and good luck Joey.

I would not buy in OC now unless you've looked at 100+ deals and find a screaming bargain aka off market.  We're nearing the top of the market.   The election has little to do with the market.  Look at new building permits, home sales, foreclosure activity, etc.  Also depending on your pre-approval, that might be higher than what you can realistically afford so if you haven't I would suggest working out all of the payments.  Lenders have a funny habit of approving you for something that you wouldn't be able to afford ketchup for your ramen with.  (making $75k I got approved for $550,000 in OC, really!?!?).  There's a reason there's 3000 registered realtors in Newport beach, and only 30 in Compton.  Don't get suckered.