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All Forum Posts by: Ndy Onyido

Ndy Onyido has started 18 posts and replied 584 times.

Post: We bought 26 properties in 6 months

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

@johnathan

Congratulations for the great job! would you mind sharing how you financed these?

Post: BSI Financial, & Civic Financial

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

I have a loan currently being serviced by BSI. The primary issue with them is customer service. Getting to speak to anyone is usually a challenge.......

Post: Private Lending vs Buy & Hold

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

@Jered Sturm and @David Sims

Great number work and explanations. I will prefer REI over HML anyday.

Thanks for sharing

Thanks for sharing.

Post: Use HELOC to paydown mortgage fast

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

What rate is your HELOC is rate as against the mortgage? That is the determination you need to make.

Post: My Strategy for buying Foreclosures

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

Great piece and good details,

Thanks for sharing

Post: 7,000th post.

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

Congratulations. James. I am one of the 156 followers and I enjoy your posts.

Keep it up!

Post: Purchasing Only D Property Strategy - Do you recommend?

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

Listen to the counsel of the wise and experienced; the wonderful cashflow you see are mostly on paper; I do not know why someone will willingly want to invest in  D properties and out of state at that!. 

@Thomas S. couldn't have put it better: are you ready to carry a gun? Anyway,  since you invest out of state, would be willing to arm your PM just to collect rent?

My sincere advise is to stay away from ghetto properties, especially as an out of stater.....

Look for more decent areas, they will cost you more but you will have rest of mind.

My one cent! 

Post: First Rental Refinance - BRRR

Ndy OnyidoPosted
  • Toronto, Ontario
  • Posts 615
  • Votes 172

Awesome deal and post! $134k house for ~$74k!!!!

Thanks for sharing...

Very commendable milestone. BP has become a go-to for all REI knowledge.

Great job BP crew!