All Forum Posts by: Paul Aguilar

@Reymon Hernandez I don't know the areas that well up there. I'm still doing research to get familiar and see where to go. I've seen the areas you mentioned on some of my searches, but if you're local and can see the conditions first hand, I'm confident in taking a look at the same areas you mentioned. When do you plan on buying? 

@Dain DaVirro Oh, ok. Not sure yet. Still learning the areas. 

@Account Closed I'm from So Cal but looking in this market for my first deal as well. Would love to connect. Maybe we can do some things together. 

@Dain DaVirro is that for a 2 , 3 or 4 plex? If it's for a 2 plex, those numbers should work. I've been looking in this area (along with Fresno & Bakersfield) to get similar numbers. I do see that the Sacramento area is getting hot.

Sounds great! I'm in. 

@Jeremy Hunter I think that can work. Thanks for the advice. 

@Omar Khan That can be a good kicker to the deal as well. If I get into flipping and rehabbing, HML is something I'll be looking into. But for buy and hold, it doesn't make sense.

@Jacob D. Are you using the BP calculators to run your numbers? They will break down all the expenses to give you your potential cash flow per month. 

@Amy Lim Yes I would, eventually, from a REFI from the property. But that might be a few years or so down the road. They are funding the deal from a paid in full property they own. Besides that cash flow per month, what other upside do they get? Trying to find ways to structure the deal where they have some more upside to say yes to the deal. 

@Richard Bull thanks for the update. I'll do my best to make it. 

Hey @Janelle Carlson, I live in Simi as well. I didn't have a chance to make this last meet so I'm hoping to catch the next one. There is also a meet in Reseda once a month and me along with others were thinking of starting a Simi meet up. I'll be in contact about that. 

Just follow this discussion for updates and posts. 

Hello BP community... so I'm looking to get into my first deal in the coming months. Been doing my research, analyzing deals and seeing how much money I need to make it happen. My question is, how would you structure a deal with the private money investor who is using a equity line of credit on their property?

Besides the upside of getting, let's say 50% of the cash flow on the property, every month, what other upside can you sell them? How do they eventually pay off their line of credit? Refi when the property appreciates?

Any structure pointers or advise would be appreciated. 

-Paul