All Forum Posts by: Alexi Meshkoff

I'm wondering if anybody had any success with this niche?

No, not really. Just looking for SFR / multi family with acceptable cap rate, which will depend on the number of factors.

Hello BP.

I'm looking for wholesalers in SW Florida. Looking to buy several properties. 

Thank you

Hello BP

I bought couple of dozens rental properties, all cash. My main objective is cashflow. Now I think an average fair market value of my properties is about 20% up. I think it is time for me to refinance, so here is my questions. What is the LTV I should I be asking for? Should I pull out as much cash as possible, or leave more in, for cashflow purposes? LTV 80, 50 or any other number? My concern is that if I get as much cash as possible, reinvesting it into new properties will be not easy, because prices went up and getting a good cap rate is a challenge these days.

Also, should I be getting a loan or try to get a line of credit?  

Thanks 

Thank you Chad. 

I figured that something along those lines going on there. I agree with you. Even if you get every 10th property, it just doesn't make much sense after all of the DD yo do on every property. At least form my experience. 

Hello

My first post and just want to thank all of you guys / ladies here. Learned a lot. 

My question: I've been bidding on some properties on county foreclosure auction sites with no success. The final judgement is always higher than the property is worth and it looks like mortgage lien holders, bid on every property up to the mortgage amount. I tried to bid exclusively on class b properties. Does anyone have any success with this kind of strategy? Are there any specific things you are looking for before bidding?

Thank you