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All Forum Posts by: Johan Yang

Johan Yang has started 7 posts and replied 53 times.

Post: Hillcrest Area in Jacksonville

Johan YangPosted
  • New york, NY
  • Posts 74
  • Votes 3

@Ryan Robbins @Travis Moe thank you for the response. I really appreciate it. I am still learning about the area, where to look and where to avoid. 

Post: High ratio of non-owner occupancy condo complex

Johan YangPosted
  • New york, NY
  • Posts 74
  • Votes 3

@Jeff Grove Thanks Jeff for the info. I love BP, we always learn something new every time.

Post: High ratio of non-owner occupancy condo complex

Johan YangPosted
  • New york, NY
  • Posts 74
  • Votes 3

@Jeff Grove thanks so much for the info. Would it be the same case with townhome? 

Post: Hillcrest Area in Jacksonville

Johan YangPosted
  • New york, NY
  • Posts 74
  • Votes 3

Is Hillcrest a good and safe area for cash flow (zip code 05)? 

Does it have high rental demand?

Some properties with zip code 05 belong to Murray Hill, and some look like belong to Hillcrest. And, I read some discussion said 05 zip code is in good area; is that true? 

Thanks fellow BP.

@Sid Payne me too please, thank you.

@Austin Ojimgba @Mike D'Arrigo @Account Closed I am curious as well if anyone has actually done it. I did not do it.

@Logan Larochelle do you have great credit score? I was shopping around for good rate and I came across one bank that gave me the best rate other banks couldn't. Send me PM.

Post: High ratio of non-owner occupancy condo complex

Johan YangPosted
  • New york, NY
  • Posts 74
  • Votes 3

@Aaron K. My income, credit score, and debt to income ratio all are good/excellent. So, do banks not care about the building has high non-owner occupancy and little to no reserve? Do you have one to recommend?

Really appreciate the info.

Post: High ratio of non-owner occupancy condo complex

Johan YangPosted
  • New york, NY
  • Posts 74
  • Votes 3

I am trying to use mortgage-conventional loan to purchase a condo investment in a high ratio of non-owner occupancy condo complex in Orlando.  Does anyone know what my chance be to get approved by the bank?

Thanks.