All Forum Posts by: Alec Johnson

That’s why I need a good CPA lol. Huge tax liability😨

Hello, i am looking for a great cpa. Must be in California. I own multiple gas stations and I am currently looking to invest in my first multi family property. My current cpa is not cutting it.

Hello,

I am looking to get my first investment property within the 1-3 months. I would like to cash out refi my primary home which is worth about $550K in order to use that money for the new property. Looking to invest around $350K for a property. When talking to a bank such as Chase or Bank of America or even a community bank. Should I avoid mentioning that I want to purchase an investment property? If so, what should i say that it is for?

Also, is it better to go with a bank or a mortgage company? Any help would be greatly appreciated, thank you.

I'm looking to get my first property. Went to check out a triplex today in California. Looked nice on Zillow and even google maps. In person it was a whole different story, bad crowds hanging around and just overall you can tell its a bad area to reside in. I personally decided i am going to stay away from those areas because it will only bring "less than desirable tenants" unfortunately. I could be wrong but my gut says to walk the opposite way.