All Forum Posts by: Jose Alonsoo

Good evening investors family 

I am in the process of closing a sub 2 deal and would like to get some advice from you all.

the house price is 317,000 thousand balance 235,000  interest rate 3.12% morgage tax and insurace payment is 1450

40.000 initial payment with all expencis is about 317,000 this is located in winter heaven Frorida. it will rent for about 2200.

any advice will be welcome. God bless tou all.

Hi Davin 

I need some guidence on how to procede. I would liKe to buy a multifamily apparment building using a DSCR loan. How can i have the proof of funds before I negotiate the property most sellers ask for a proof of funds. Help me to undrestand please.

Thank you in advance

Good evening real state family. Blessin to all of you.

I have a property that i am trying to negotiate using a DSCR loan. My question is how do i get the loan approval before i negotiate the property if they ask me for proof of funds. I will have nothing to show any advice will be greatly appreciated. How do i get the DSCR pre approve to show the seller?

Thank you

Good after noon real state family.

I have an opportunity to but a sub to property right now. I need some advise from you all before i move forward.

How do you make the mortgage payment? Do you make them under the original owner s name or my own name ?

Can you refinance and how. does the original owner has to sign docs to do that? 

How do you pay for the tax and insurance?

How can you sell it. does the original owner needs to sign any docs to do that?

Any advise will be greatly appreciated

Thank you in advance

Good afternoon investors family

I need some advice in regards to a house i am about to close the sell. I bout this house with a HILOC loan my question is should i ask the title company to make the the sale payment to my HILOC  account or my checking account . Would that help me not to pay taxes on the sale? your advice will be greatly appreciated.

Thank you 

Jose Alonso

Thank you so much for your advice Mackalee that is exactly what I will do I am a little nerves but will do it anyway. take care 

Good day my friends I need some advice on an issue I have a tree that felt on top of my house the insurance covered all repairs I just paid the deductible. The issue I have is that I just find out that one of the walls moves and is cracking bad the inspector from the insurance and my contractor missed that part. How can i precent this to the insurance. I believe the case is closed. any help would be greatly appreciated.

Good day my friends I need some advice on an issue I have a tree that felt on top of my house the insurance covered all repairs I just paid the deductible. The issue I have is that I just find out that one of the walls moves and is cracking bad the inspector from the insurance and my  contractor missed that part.  How can i precent this to the insurance. I believe the case is closed. any help would be greatly appreciated.

Good day real state family.

Question for you all I am trying to grow my portfolio from SFH portfolio to multifamily. I would like to do an Asset Based Loan. Have any of you went that route? Do you recommend it. Any advice will be greatly appreciated/

Best Regards

Jose Alonso