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All Forum Posts by: Nixon C.

Nixon C. has started 15 posts and replied 39 times.

Post: Lender for Self Storage Facilities

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11
Quote from @Erik Estrada:
Quote from @Nixon C.:

I've been looking at self storage facilities and want to start connecting with potential lenders for the asset class. I need to know about any DP requirements, DSCR thresholds, and other relevant terms.


Are you looking for a full doc loan? or a DSCR based program?


I would prefer DSCR based

Post: Lender for Self Storage Facilities

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11
Quote from @Simmy Ahluwalia:

@Nixon C. - what city/state do you plan to invest in?  What price range are you looking for SS deals?

Currently looking in the Midwest as well as North Carolina. Prices I'm looking at are <$800K.

Post: Palm Springs, CA Short term and Midterm

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11

Hi @Keith Yazdan, how did the MTR venture work out for you? I. Looking into trying it as well.

Post: Self-Storage Buyer & Wholesaler: Building Buyer List & Wholesaling Property

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11

Hi Gabriel,

I am starting to dabble into this asset class and been analyzing potential deals. I would love to connect. Ill send a DM.

Post: Lender for Self Storage Facilities

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11

I've been looking at self storage facilities and want to start connecting with potential lenders for the asset class. I need to know about any DP requirements, DSCR thresholds, and other relevant terms.

Post: 5Bed/1.5 Bath SFH in Columbus, OH

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11

Hello BP,

I've got a SFH in Columbus that is operated as a AirBnB. My partners and I are looking at 2 options for this property.

1) Sell the property - We have investors looking to put their money into other projects.

2) Find a PML or PMP to buy out the investors who are looking to cash out. Around $75K

The AirBnB nets between $1K-2K per month. The first option above would be preferred. PM me for more details if interested. Open to creative finance deals. We will be placing it on the MLS next month if we don't find a buyer.

Post: Any Investors Need Help Sourcing Off Market Deals?

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11

Add me to your list of buyers

Post: Sub2 Deal opportunity

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11

I have a potential Sub2 deal in San Antonio, Tx. Asking 10% down with a 5.2% interest rate on the original loan. Its a 4 bed and 2.5 bath SFR with a pool.

DM me for details

Post: Need Seller Financing Mentor

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11
Quote from @John Gonzalez:

Thank you for reading this, I appreciate it.

I don't have prior seller financing experience. I want to sell my fully furnished, high-end downtown Austin rental via seller financing. I'm looking for a mentor - I am happy to pay a fee - who will show me the optimal path, help me avoid the mistakes / pitfalls, refer me to a good attorney, title company and get me to closing as reliably and safely as is possible

Property: 2800 sq feet, 4/3.5, 2 miles from Downtown Austin, high end finishes

Sale price: 1.6 million (negotiable)

Down payment: $320,000 (negotiable)

Rate I am offering: 5.5% (negotiable)

Please DM me for further details of the property. Ideally, I would be working with Buyers only.

Thanks again


 DM me if you are still looking for someone to assist you.

Post: Seller Finance Deal 3.25%. Cashflow and Equity day one!

Nixon C.
Pro Member
Posted
  • Rental Property Investor
  • Southern California
  • Posts 39
  • Votes 11

Sent you a PM