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All Forum Posts by: Taylor Holden

Taylor Holden has started 19 posts and replied 45 times.

Post: Bartlesville OK

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

@Carson Johnson

I’ll be on a gig the 15th finally.

So I’ll miss that one

Post: Bartlesville OK

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

@Carson Johnson I should be open for the 4/15 meetup. Just might need a reminder!

Also @all shoot your contractor recommendations to Joshua so he can get a Bville property!

Post: Bartlesville OK

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

Hey All hope we all can meet up again soon!

I also have a wholesale for a historical flip in case anyone is looking to pick up their next project!

Shoot me a message!

Post: Bartlesville OK

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

@Carson Johnson

I’m still good with it! In case anyone else is!

Post: 1st BRRRR deal finished

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

Hey All figured I'd post this since I finally completed this project.

Purchase- $59,000 Sheriff sale

Initial funding- $59,000 private money at 5% interest only pay off in 2 years.

Rehab- $30,000 + $5000 unexpected HVAC My own capital

Appraised- $149,000

Loan- 80% LTV 4.25% 25 year 5 year fixed.

Rent- $1375 a month with 12 month lease signed.

Profit- $24,000 in capital.

We ran into doing so much more then I thought we would do. Along with COVID, plus a few bad contractors its been a rollercoaster. Yet we tried to really bring life to the property. Turns out it's now the highest priced property in the area. Definitely learned so many lessons on this. Especially the lesson of if covid takes your regular job away how to find a lender that will work with you. I'm looking for the next one for sure as we will only get faster and better.

Walk through video

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: First BRRRR finally finished

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

Hey All figured I'd post this since I finally completed this project. 

Purchase- $59,000 Sheriff sale

Initial funding- $59,000 private money at 5% interest only pay off in 2 years.

Rehab- $30,000 + $5000 unexpected HVAC My own capital

Appraised- $149,000

Loan- 80% LTV 4.25% 25 year 5 year fixed.

Rent- $1375 a month with 12 month lease signed.

Profit- $24,000 in capital. 

We ran into doing so much more then I thought we would do. Along with COVID, plus a few bad contractors its been a rollercoaster. Yet we tried to really bring life to the property. Turns out it's now the highest priced property in the area. Definitely learned so many lessons on this. Especially the lesson of if covid takes your regular job away how to find a lender that will work with you. I'm looking for the next one for sure as we will only get faster and better. 

Post: Bartlesville OK

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

I will make sure to be there. 2/10 at 5pm.

Post: Bartlesville OK

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

@Carson Johnson sounds like a plan!

I’m down for a meet up!

Post: Credit suite vs fund and grow

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

Hey Guys,

I’m at the point with two of my business’s were I need dedicated business credit.

My e commerce store uses a lot of my personal credit as a guarantee which then hurts my bank fundability with high utilization monthly.

So I need to split that off.

I’ve been looking at credit suite and find and grow.

Has anyone done either and what were your experiences?

Post: Assignment of Bid at sheriff sale

Taylor Holden
Pro Member
Posted
  • Rental Property Investor
  • Bartlesville, OK
  • Posts 52
  • Votes 24

@Alyssa Dyer

Sounds great!

I hope you’re getting all the deals you can!