All Forum Posts by: Christian Chevier

I’m being told by several banks big and small that due to COVID banks are not allowing cash out refinance. True?

How to continue with BRRRR if you can't refinance?

@Joe Mathew I have utilized TurboTenant for several years. Costs are passed down to the applying tenant. Just another option. Cheers

Hello friends. Denver resident here seeking a lender to refinance my existing SFH rental in Akron Ohio. Purchased in 2017. Mortgage $40k. Valued at $75-$85k. Current lender doesn't seem interested in my business. Looking for 80% refinance cash out to invest in next property. Does anyone have a lender they prefer?

Thanks! Christian

Just purchased my ticket to attend Rod Khleif's Multifamily Bootcamp in Chicago August 24-26.

Is anyone from Denver attending? Anyone from Chicago attending that wants to grab a drink/dinner after Friday or Saturday's event? Would love to network while I am out there.

Cheers

Christian  (Centennial, CO)

Colleen, first THANK YOU both for serving in the military for our great country. Second, you mentioned you are moving. Are you selling your home? Do you have equity (cash) in your home that you can utilize to buy a duplex in another city? House hacking is awesome-sauce! Good luck, dive in, and keep reading for sure!

@Christian Clark I look at future needs. Hospitals and Universities are fairly solid employers especially with 10k baby boomers retiring a day. I just look at areas with large medical companies as employers. Ohio is a great cash cow I believe and the numbers tell me the same. Good luck keep learning!

Skip the book (no not really) and buy yourself a cheap plane ticket to where you want to invest. Find a friend or cheap VRBO to stay with. Drive around and check out the area. Hope on the bus route. Look up some properties for sale in the area and go take a look. The best education you can give yourself is hands on! Good luck and great name!

 What pushed my wife and I to buy our first rental was flying to where we wanted to invest and driving around for 3 days with a realtor. I looked at the cost of the plane ticket and rental car as an investment and a fun time with my wife. We closed on a rental 42 days later.

And keep reading too wink wink.

Thank you everyone.  Appreciate the information. Going to utilize Devin Conroy.

Good morning. I am looking for a recommendation for a CPA either local to Denver or a remote CPA with experience with CO taxes. I have two rentals and a primary residence and one W2 income. No other investments to figure out. Thank you. Christian

Pretty sure I am going with All County NEO unless you have another suggestion. Would be open to another option. We close November 9th!!

Thanks Jason!