All Forum Posts by: Mauricio Sanchez

@Nick Belsky

Im trying to qualify for my second property but most of my money is in crypto. Can you provide me the info of the two of them I would appreciated.

@Andres Vanegas

I have sent you a dm if you could connect with me so we can continue our chat.

Best,

Mauricio

@Andres Vanegas

If you could send me your info so we can be in touch i have a couple of questions

@Andres Vanegas

Hey andres, just have a question about the crypto currency and how that can be consider as assets when trying to qualify for a loan

How to start on the first flip.

-Recommendations

-Process of flipping

-Advices

-Rookie mistakes

Current situation: Age 23, two multi family properties that are fully rented, but flipping really gets my attention. I want to start with an easy flip to start increasing my cashflow.

Thoughts?

What do you recommend, i have a property that i bought at 317k, now its worth around 360-370k. Do you recommend a cash out refinance to buy another property. I recently tried to qualify for a new property but my debt to ratio is high (70%), and I am looking to bring it down and have more assets and money to qualify for a short flip term

Upon the qualification process, does any mortgage company consider cryptocurrency balance as assets in the qualification process?

How can i source my crypto money in order for the mortgage company to validate my money around (100-150k)

@Andres Bastardo

The property type would be a fourplex. Would love to hear the advice into which is the best way to set up creative financing. The strategy is to currently hold the property for monthly positive cashflow

@Andres Bastardo

Hi andres,

I am currently looking to apply a creative financing for my third property. Any advice on how to start? I am located in the south texas area.