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All Forum Posts by: Mel Jeffrey

Mel Jeffrey has started 19 posts and replied 123 times.

Post: Down Payment

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

@Curt Davis thank you so much I am going to check that out right now.

Post: Down Payment

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

@Curt Davis I usually put 20% down on SFR, Condos and multifamily and 15% down on commercial using my own cash I have never used a hard money lender or borrowed the down payment. I keep hearing people talk about hard money lenders and creative financing and would love to learn more on the topic. Thanks for sharing.

Post: Down Payment

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

Hello BP Family,

I was wondering how most investors come up with the down payment for their investment purchases? 

Post: What kind of car do you drive?

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

I drive a 1999 Toyota Camry with 241,453 miles on it and I love it.

Post: Newbie that relocated to Brooklyn, NY from Los Angeles, CA

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

Welcome @Jay De Guzman you will definitely learn a lot on BP.

Post: Real Estate Meetup in Pasadena Tomorrow

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

@Peggy Liu thank you.

Post: Real Estate Meetup in Pasadena Tomorrow

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

@Peggy Liu I wish I would have known about it earlier I would have went. Please keep me posted on any future meetings.

Post: Los Angeles Area Meetup for Beginning to Advanced Real Estate Investors

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

@Jon Huber in the future I don't mind hosting it at my building plenty of street parking (enough room for about 20).  I'm looking forward to meeting everyone.

Post: Los Angeles Area Meetup for Beginning to Advanced Real Estate Investors

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

Keep me in the loop.

Post: New (relatively) Member in Los Angeles Area

Mel JeffreyPosted
  • Developer
  • Los Angeles, CA
  • Posts 132
  • Votes 32

Thank you @Raymond B. I thought I did that but thanks for the reminder I appreciate it.