All Forum Posts by: Terevarevahaunui Jacobson

Mahalo Floyd :)

@Daniel Kong can a HELOC be taken out against a lead hold? I always wondered :)

Aloha-

*not being clear on your goals

*not adding value to people around you & people you work with

*not being LOUD about what you do!

Hello, I'm on Maui (Hawai'i) and have been wanting to work with an acquisition manager but do not know where to start: where to find them, what to look for, what to ask, and what kind of experience they should have. Any recommendation you have is greatly appreciated!

Aloha @Marlo I., there's also Civic Financial. Let me know if you want a direct contact there.

I recently spoke to an accountant who practices and is licensed in both Hawaii and California. She did say that the seller would pay taxes in both states, however, whatever she paid in Hawaii would be deducted from what she owed in California. The subject property was a condo and the owner lived in Santa Barbara. Hope this helps.

Aloha @Craig Scott, I am a local wholesaler on Maui. Let's connect when you get here :) ALOHA!

That is a great question, and I think it depends on your goals and your market. I've learnt that some markets are "cash flowing" markets, and others are "equity" markets. Some deals will still work if you can afford a negative for a period of time (while still having reserves), and then refinance and get all of that back through equity and better rates for example. In the right market, this can work.

Looking forward to connecting with you all!

What a great strategy! Local credit unions may do this as well!