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18 October 2020 | 8 replies
Send me a private message if you would like to get coffee sometime!
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28 August 2018 | 12 replies
They're the ones that will be making the calls / answering the questions you asked, unless you go to private lenders or hard money.
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9 September 2018 | 4 replies
Sometimes the foreclosure process can be a little predictable but if you've got a good team monitoring your timelines you'll be fine.I'll reach out privately to put a paper in your hand that lays out a good road map of the 1031 process.
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1 September 2018 | 13 replies
I was in contact with a couple private lenders, all of which wanted to see $15,000 of my own cash in the bank.
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28 August 2018 | 5 replies
Pedro,Is the lender a bank, hard money lender, or private lender?
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28 August 2018 | 5 replies
I was wondering if I could chat with anyone privately or on Skype regarding the property.
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29 August 2018 | 3 replies
. $10k later they are off my back.Three months later…We closed on this duplex in New London a month ago to house hack a bit and live mortgage free.Took me awhile to find an insurance company because of the age/size and style of the property (it’s 5600 sqft, Victorian built in 1900).We ended up going with State Farm.Usual thing happened; guy comes out and takes a look, gives a few things we should “look at”.Tells me about a tree that needs trimming and a set of stairs on the deck needs repaired; no big deal.Two weeks after closing we get a call from SF that we have been “randomly” selected for a 3rd party inspection.Two week after that we get a call from the agent saying we now have 4 things we must complete to include CUTTING said tree down, replacing windows, fixing the stairs and now I have to paint the CEDAR shingles on the garage because only half of it is painted.As you would expect, I took this news very well and only raised my voice with the guy a little.He told me I had 60 days to fix or start the repair and that a letter would be issued on the 20th of August.Silly me, I though this letter would outline what I needed to complete.NOPE, it was a letter from SF saying that my coverage was declined and was accompanied with a refund check for my premium.Turns out that 60 days is from the date when the policy was issued, not the date of this letter.So we are now 30 days into the 60 days repair window and I’m just now getting the information… Oh and that 60 days also include a couple days to insure the agent has time to come out and re-inspect and send it to underwriting.So my 60 day window was actually only 20.Additionally, every time I call them to ask a question, I get yet another list of things I should fix.Stop giving me your opinion about what you think I should do and tell the required recommendations you need me to do so I don’t lose my insurance policy!
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28 August 2018 | 2 replies
Dear all,I have trouble selling a San Diego house because of the following:Buyers can easily get a mortgage for the main house but not for the smaller manufactured house (3 years old) that sits behind it, on the same piece of (private) land.
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20 October 2018 | 4 replies
The house was purchased with a private money lender's down payment of 20% (good buddies father) He also supplied the financing for the flip.
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1 September 2018 | 5 replies
@Alex Shaughnessy my strategy is to find investors such as realtors, private lenders, and a real estate attorney to build a great relationship in order to find and close on great properties that can generate great cash flow and equity.