All Forum Posts by: Sam Mahmood

Hey Guys, 

Im located in huntington beach, and opened up escrow on a great triplex that I will occupy. My biggest hurdle is figuring out if I should do a construction loan on it or conventional non qm with today's rates at 7.7%. 

The property is 1.65M half a mile from a beach, I will airbnb one of the units, long term rent one, and live in the other. I think the ARV is 2.1M after 190k of rehab.

my options are Bridge loan at 75% LTV 2.5 points, cash to close is 325K, 9.9% interest only, and payments are 11K a month no pre pay penalty when i refinance.

Or conventional non qm for 15% down 275K cash to close lock a rate about 7.7% and cash to close is 275k and I would have to fund the rehab myself. 

Hello!

Currently working out a model for syndicating our short term rental project. Would love to connect with individuals who've successfully done so and would be willing to collaborate! Planning on raising equity from friends and family and take debt from the bank. 

Feel free to comment here or PM.

Hi I am doing a lot split on a triplex in Southern California. If anyone has any recommendations on how to expedite the process or care to chime in on any tips, please let me know!

Hi!

I am looking for multifamily deals In Southern California, AZ, or in OH. I'd love to connect with other individuals who can help provide some of leads.

Hi,

I am in Southern California looking at a larger multifamily looking at units anywhere from 6-10 units. I wanted to know if anyone has BRRRR'd one of these with none of their own money down. Using Private money for the initial 25-30% down and having the bank finance the rest and I or another lender come up with money for the rehab.

Thanks

I like to BRRRR in Southern California and now looking to expand in Austin, TX. If anyone would like to collaborate in the SoCal market or Austin TX, please send me a note!

do you have the airbnb data you can send?

@Mikhailangelo Llanos message me my very close friends are here in Huntington Beach and do a lot in Cleveland Ohio.

I'm in Los Angeles and want to make the jump investing out of state into an area that has a profitable cash on cash return. How did you guys make your first jump to choose your location? I'm Looking for a quality team of contractors and property managers in a great investable city. 

Hi I am also interested in Boise, ID as an outside inventor for Turn Key properties. If anyone knows quality people in the area please PM me.