All Forum Posts by: Tramaine Robinson

@Brian Burke that’s the stage I’m at! Everything you saying is echoing what I believe.

Accountant by day 9-5 and own about 13 units between a few buildings with my lady and recently got into fix/flip in order to scale.

Sounds dead on.

When did real estate become simpler for you in your process? Was it after ten years? Or after you reached a certain capital/profit amount?

I've house hacked already were at about 5 properties total through duplexes/triplexes. 

@Alexander George that's what I'm thinking. If I find properties at 80-85 LTV as is, I just need a bank that can get creative. That's the plan.

Hello all, looking for any lenders/banks that require 10-15% down payment on rental properties (2-4 unit's) depending on LTV.

From what I seen with traditional banks they all want 20% down and more. Any recommendations are welcome.

Am in the Wisconsin area.

@Matthew Porcaro congrats bro🔥🔥.

I did not to far from the same.

House hacked a triplex with my lady, then she got a duplex that was house hacked and bought time we was done we was able to pull equity out of both and buy another rental and our dream home that we fixed up and have a lot of equity in (bought for 450k worth 850k now)

That dream home allowed us to borrow against and put 20% down on our next rental and every year we plan on doing the same refinancing the rental we bought a year ago as a long term brrrr.

Came to the reality that it’s really a marathon and not a race. None of the methods you purposed are bad, just gotta commit and run it for 5-10 years at a time.

@Amanda Scheller smart! I have a building worth mid 400’s that I owe 180k on. Cash flows me about $1k but I’m a keep it. The 10 year affect of appreciation and principal pay down is crazy

@Amanda Scheller What did you end up doing? In a similar position but I'm not moving outta state..

You can follow bro on instagram @renaissance125 - he goes into depth and does webinars going through the program!

@Chris Bounds you still retired? How’s life? Is life what you thought it would be when you quit your 9-5?

@Bruce Woodruff Appreciate it! And honestly by me being a landlord and using contractors for work on my multifamily properties over the last 3 years I now I have a decent stable of specialist (electrical, plumbing, painters, etc) where I can sub everything out myself.

Hello investors,

Wanted to introduce myself I’m Tramaine - an accountant by day and I do buy/hold rentals for the last 3 years(12units to date between me and my ol’lady)

But this upcoming spring after tax season I wanted to do my first house flip. Any recommendations (lenders, contractors, etc) or advice when doing your first flip? All advice is appreciated!🙌🏾