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All Forum Posts by: Pouyan Broukhim

Pouyan Broukhim has started 0 posts and replied 35 times.

Post: Private mortgage reporting

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

you can call the credit agencies and provide them with the private note and cancelled checks and they will issue you a supplement adding it to your credit report.  They might ask you to get a verification from you lender, which shouldn't be an issue unless your lender wants to be a pain in the rear.  

Good luck

Post: Buying a short sale-advice needed!

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

why don't you just request an extended escrow and maybe release a portion of your earnest money deposit?

Thank you 

Hey Jay thank you very much for the recommendation.  We try to be very professional and super fast.  Once we make a commitment we intend on funding.  We do our due diligence before we commit.  

I'm glad we were able to assist you and if there is anything else we can do for you please let us know.

Thank you,

Post: Putting in an offer - I NEED ADVICE!

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

persistence is key. Follow up with the agent and make sure hey writes your offer on the 15th day.  Also, a lot of owner occupied properties like these won't qualify for a reason or another, eventually it will fall out of escrow and you can be the first person the agent thinks about when it does fall out.  

Good luck

Post: Looking for Hard Money Lenders in California

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

call Pb financial group Corp they a few offices through out California 

Post: Can I build two Single Family on a lot of 11000sf

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

if order to do what you want to do you have to be able to subdivide the lots or build a PUD...from what your architect is saying you can only build a granny unit which means you can't divide the property to sell them separately

Good luck

Post: LLC/S-Corp/C-Corp PROS & CONS

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

you should talk to an accountant regarding which plans best fits you.  

From my understand is that if you are running a business you should have a s corporation but if you are simply maintaining properties that llc is a much better option.

I've been in the real estate business for the past 15 years and the people I currently work with I came across by accident or through closing transaction. Its good to have referrals but it's best to test people out and see how they work. Because everyone has their own personality, work ethics and the way they do things.  Don't think the people you work with initially are going to be your long term solutions, make sure you double check their work until you get the right mix of people to establish a long term teams of attorneys, escrow, title and so on

Good luck 

Post: Two houses, one driveway

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

you should get a survey done as quickly as possible.   This issue can be a headache for you in the future

Post: What has real estate investing done for YOU?

Pouyan BroukhimPosted
  • Los Angeles, CA
  • Posts 38
  • Votes 13

Real estate investing is very hard work if its your full time job.  The harder you work the bigger the profits.  

Good Luck