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All Forum Posts by: Ricardo Navarro

Ricardo Navarro has started 6 posts and replied 46 times.

Post: I just refinanced. Does my 12 month waiting period start over?

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

I just recently refinanced my primary residence that I have lived in for 2 years but I want to convert it to now convert it to a rental. I am concerned that if I convert it to a rental I won't be able to get another primary residence loan because the refi went through a different lender. My loan disclosure for the new loan says there is no demand feature for the new current loan but I am not sure if the demand feature is referring to this type of situation. Anyone have any thoughts I should consider?

Post: New Connected Investors PIN? Opinions? Game Changer?

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

obviously this is going to be all the people with negative experiences but still its telling.:

https://www.bbb.org/us/nc/wilmington/profile/real-estate-investing/connected-investors-inc-0693-90022973/complaints

Post: North Augusta Appraiser

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

I did! His name is Jeff Young. His company is north Augusta Premeier inspections. No won’t let me post his number but if you google the company you should be able to get his contact.  I’ll try and text to you too

Post: Tips for walking a multi family?

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

Hey Jeff. Thanks for the heads up. Been looking at Cincinnati as well. I kind of like the cheviot hills area. Thoughts on that area? I passed on a deal in roselawn cause the area was bit too sketchy for me. 

Post: Tips for walking a multi family?

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

I’m headed this weekend to walk a 9unit multi family and I wondering if any of you experienced multi family owners if there is anything I should be looking out for or any specific questions I should ask? Any and all help is greatly appreciated. This is will be my first deal.

Post: Fundwise Capital Financing

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

@Dustin Burke awesome thanks. 

Post: Fundwise Capital Financing

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

@Dustin Burke would you say these terms are better than a HML?

Post: Unsecured Line of Credit

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

@Matthew Roberts or anyone really, Just curious, how is fundrise's fee structure ($500 and 9%) different or worse than a HML at 12-15% and 2-4 points?

Post: My First Deal = 6 Doors!

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16

amazing. well done. these are such timely words for me right now. thank you.

Post: Recommendations on buying out of state rentals?

Ricardo Navarro
Pro Member
Posted
  • Investor
  • Cleveland, OH
  • Posts 52
  • Votes 16