All Forum Posts by: Samuel Coronado
Samuel Coronado has started 27 posts and replied 293 times.
Post: DSCR Loan on a Manufactured Home
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
Quote from @Dayne Allen:
@Samuel Coronado ever got one of these done?
No. Every single one that responded here flaked or ghosted me, so don't bother trying these guys haha
Post: DSCR Loan on a Manufactured Home
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
Quote from @Jake Yuskaitis:
little late on this one but we can do manufactured home for up to 80% LTV
80% of value or 80% of purchase? Because of lot of lenders tell me LTV and actually mean LTP.
Post: Building a Networking
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
Quote from @Michael S.:
@Michael Ewers @Samuel Coronado
What has been your experience with Deal Maker - Huntsville? Have you actually sourced any deals from this group, or is like the other facebook groups in this area where it is basically agents putting up their MLS listings and random individuals peddling wholesale deals that are not even worth considering?
The main guy behind Deal Maker Huntsville is a proven operator and someone I've known since about 2023. I don't want to put too much of his business out there, but he is a real investor who is doing projects all over north Alabama.
The general agenda of the last meeting was this:
Networking for an hour
Organizers came up to thank sponsors (obligatory local real estate agent and private lender-types)- roughly 15 minutes
Guest speaker Sarah Taggert (local eviction attorney) for about an hour.
Free book giveaway.
Then more networking until they shut the place down.
Total time was about 3 hours officially I think. pre and post-meeting was longer.
----
There wasn't any advertising of specific properties. Lots of mixing of people, ideas, and professions. I didn't meet a single wholesaler there. haha.
Post: Anyone sell tradelines?
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
Quote from @Kerry Noble Jr:
Quote from @Jay Hinrichs:
Quote from @Kerry Noble Jr:
Does anyone run a tradeline business? I used to have one of my credit cards on file with a smaller tradeline company........until the owner got greedy with what she wanted to pay me for my card.......I would love to get my tradelines back out there and generate some side income....just looking for more tips on where to market and network with indviduals that need tradelines.......any info is appreciated.
OK Kerry what is this .. how does it work how do you make money doing this.. any help would be appreciated.. one area of RE and finance I have no clue about.
Yes sir! In its simplest form, I basically sell my authorized user spots on my credit cards.
currently they're listed through a couple tradeline brokerages. And the brokerages send me people to add. They have the customer base.
What brokerages do you use?
Post: Manufactured Housing reliability - Amish Built Cabins
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
They do not look like they are worth the price.
Post: Anyone here doing Residential Assisted Living?
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
Post: Anyone here doing Residential Assisted Living?
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
I'm also very curious about this. I have a 5 bedroom that won't cashflow, but at the same time I don't want to give it up when I move. I've looked at Padsplit at $800/room and also RAL. Might be able to contract the RAL piece out and just be the landlord instead of the operator.
Post: Jumping back in to Real Estate, wow how the world has changed!
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
Why did you sell back in the day?
Post: If You Could Rewind Time, What Would You Do Differently?
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
If I could go back in time, I would do nothing but small mobile home parks, sit on them, and trade up to larger ones (50+ pads).
Post: Building a Networking
- Investor
- Huntsville, AL
- Posts 297
- Votes 172
Hey, there. I am a local active in the area. I go to all the little meetings here and there. Are you looking to set up your own event or are you looking to attend those that already exist?
We have the Rocket REI group, Deal Maker - Huntsville, Vista REI, Madison County REIA, Tennessee Valley REIA, and a few others. I can make introductions if you need.