All Forum Posts by: Richard Phan

@Jonathan Taylor

Wow...No money down, cashflow, and living rent free...What am I missing here? That sounds awesome! Major props to you sir.

I am beginner investor looking to get my first rental under my belt. I spoke to a lender today about getting a conventional loan since I am looking to purchase a rental property out of state. I was told I would need 2 recent yrs of tax returns if I am self employed, which I kind of expected. I guess I have to wait until the end of the year. I'll seek other loan options, but isn't that higher rates and more downpayment is needed? 

Thats a very reasonable price considering its a woodshake that needs demo, replacing wood, and new shingles for a 2000sq ft home

Hi,

Does anyone in So Cal have any recommendations for contractors? Seems impossible to find reliable guys that do decent quality work...=(

@Nic Stergion

Hi Nic, let us know how the trip goes! How did you set it up and plan out the trip etc?

Hi @Milla McCammon, I am interested. Please provide me some more info about the deals you help buyers with. Thanks!

What do you typically have VAs do?

@James Wise

Great advice James. Appreciate the insight!

@Alyssa Dyer

Wow, that sounds great. Is there anyone you recommend I can contact to get some more info about properties in your area? Thanks so much for the info!

@Clayton Mobley

Awesome advice! I definitely will do some more research.