All Forum Posts by: Lane Kawaoka

I totally agree with Andrew Wong Engineers get paid pretty well starting out. It's easy to get complacent with that decent starting salary and healthy mid career money. One starts to wander at that point and dabble in other things such as children or rei.

I will vouch for Bill Exeter and exter1031. They got er done for me.

Remember the origination fees and appraisal cost etc. these can be a thousand. It's a lukewarm loan for 10k.

Calculate your return on equity which is how much deployable money if you sold (sold price minus expenses like commissions minus mortgage). If your in the 2nd half of your mortgage then you will be having much more of your payment going to the principal but your return on equity will suffer. Remember if your return of equity is less than 10% your better off in the god forsaken stock market.

Brandon Schlichter talk to me a bout those couple 1300 a month rent properties. Crazy returns huh. https://docs.google.com/spreadsheets/d/1ktNHJT2RCT9v2CbfK4i1lO_Gr8RXLpSMEVHF7QzItM0/edit?usp=sharing

Peter Testa if your still at it 6 months I will buy you a coffee.

I have a list of a dozen or so non recourse lenders that I got for a few SDIRA companies. Vote and PM me for the list.

Mehran K. I was looking at portfolio loans and seeing 30 year amortization but a couple options 1) 30 year fix at 7.5% 2) 10year at 5.5% Seems like more savvy investors would take the arm since they have less risk averse and have the ability to pay off their loans if the rate gets to crazy. What are your thoughts? And has anyone tried Lima Capital?

@Jason Hawk

Fannied means that you are over your max Fannie loans.