All Forum Posts by: Damien Davis

 Can't say wholesaling is my thing  but I'm definitely always open to a conversation. 

 Awesome! Sending you an email now.

Hey BP Family,

After listening to the real estate rookie podcast from episode 1 to current (I had a lot of time on my hands), one thing that stuck out was that owning real estate was a business. It didn't really click with me until I kept hearing about the tax benefits. So, i started my own business and will refinance my multi-family with a DSCR loan and will close in my business name. This will help alleviate the DTI issue I was facing on the personal side. One thing that been weighing on my mind is how will I fund this business to effectively scale. I understand BLOCs, Business CC, loans, private lenders, hard money but all takes a considerable amount of capital. Any suggestions where to turn next so I can start funding the business without over leveraging myself?

Hello Remington,

Thank you for your response. Care to explain what a CRA program is? Can't say I'm familiar.

I've noticed during my lender search, there are no programs for repeat homebuyers. If I'm not low-income or a first time homebuyer, then there aren't much options to help in my home buying process. I do plan on negotiating seller concessions but do anyone know of any lenders or programs that would be worth looking into? Open to all advice. Thank you in advance. 

Awesome @Brady Morgan I will definitely check out your YT channel. I don't find much 4-plex in my market so the idea of just building one and renting it came to mind. I will definitely do my research on this. Thank you!

@Paul Burger haven't thought about that. Where's the best place to find more information about it?

Thanks @Kristi Kandel I completely agree with you. I'm making it a point to get out to some local meetups and network this year. Working towards this year being a big step towards taking action. Experience is the best teacher.

@Drago Stanimirovic Thank you so much for that response. I definitely have a lot to consider.