@Minh Le Delayed refi is based ONLY on the purchase price.

@Minh Nguyen, @Nabil Suleiman and @Anthony Nguyen can you help out a fellow investor with some contractor recs in LA? 

Regards,Minh

Originally posted by @Minh Nguyen:@Jay Hinrichs do you have advice on what to look for in a HML?

Hi Minh!  

@Minh Le

I agree with Minh Le, they are just going to try to sell you advanced coaching $$$. 

(and as @Minh Le likes to say, history doesn't repeat, but it rhymes.)Also, I think Brandon Turner or Josh had some wise words on a podcast by saying something like "Just because the money is available, doesn't mean you should take it."

Just ask Minh Le who invests in San Jose or J Martin of BP meetup SF style fame ( actually Oakland) these guys make major cash flow in some of the most expensive markets in the US.Now if your talking SFR in a residential neighborhood then yes in many high priced west coast and other markets they are not cash flow investments and will be negative with 25% down that's for sure.. its not normal in most of our west coast markets to buy SFR's as investment properties you buy small multi or apartments.. 

:@Minh LeI agree with 99% of what you said except "being the seller" part....I dont have enough years in RE myself to draw that conclusion...