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17 September 2016 | 9 replies
Would love your inspector rec also.
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28 January 2017 | 21 replies
I would love if you had any tips or advice on how to find these killer deals you're getting.
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15 September 2016 | 2 replies
Love me some Sunday Fundays in WeHo!
16 September 2016 | 8 replies
I have started an online brand for doing outdoor activities trying to get people together that love the outdoors to share their experiences.
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17 September 2016 | 11 replies
I would love to help any investors out there who are looking for an agent.
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26 December 2016 | 19 replies
This may be a long post, but I thought it would be good to walk through everything step-by-step, and explain my thinking along the way.If you want to stick with me through it all, here we go:I was not going to be getting a conventional mortgage for my first property for a number of reasons.First, I am still annoyed at the hoops I had to jump through to get a mortgage for my primary residence.Second, my liquid cash was on the lower end.Third, the properties that I would need to start out with would not be financeable anyway.Fourth, my DTI is on the high side, due to the decision that we made to take out a HELOC to complete interior improvements on my primary house.So, I decided that my path was going to be to form a single member LLC, and take a loan from my 401(k) at work to finance the down payment.Since I do not view the 401(k) loan as a long-term solution, I am treating like hard money, and pay it off ASAP.So, my first deal would be a flip, or a rental that was such a good deal, that I could re-fi out and pull all my cash out.I decided to reach out to the commercial lending department of the local credit union, which I am a member.The person I talked to (who became my lender) is fantastic.I told him what types of properties I was looking for, and that I’d look to turn them into rentals, or to flip them.I will never forget his response, which reminded me why I love this credit union.He said:“Typically, the deals you are talking about are much smaller than the deals we like to do.However, we also realize that you can not get to that level unless someone helps you get there.So, if the numbers make sense, we will see if any of our products fit.”Awesome!
23 September 2016 | 40 replies
@Amanda Moore I'm hoping this post gave you some direction and certainly hope you are following up with @Dean Letfus with that offer he just gave to assist... gotta love BP, shows the power right there
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15 September 2016 | 3 replies
I would love to grab coffee with you and chat about your goals if you are interested.