All Forum Posts by: Dan Valiente

@Whitney Hutten Thank you so much for sharing that with me. That's great that you take the time to write articles to share your knowledge. I'll definitely check it out.

@Shiloh Lundahl Responses like this are the exact reason why I joined this site! That's a great way to structure a deal that I would have never thought about. I would be interested to learn more about how you actually put the rehab costs into closing and what that looks like.

@Brian Garrett Thanks for the info. When you say the rates are less favorable, are we talking a full % point or higher, or are they variable? What makes them less desirable?

@David McLean Were these through traditional banks, or were you able to find smaller community bank that would work with you? If conventional would you mind sharing the name of some that you found to be favorable? Is that allowed here?

Thank you Julian, where in the Bay Area are you, and what are your goals?

I'm so excited to be a part of this community! I've been following the podcasts for a while and started reading some of the books offered up by BP and am so eager to finally network with all of you, the ones that make this community what it is.

A little about me - My name is Dan I am born and raised in the San Francisco Bay Area. Spent most of my life here minus the 8 or so years I lived down in Southern California during and after my enlistment in the Marine Corps. I'm looking to get started in residential properties, I don't necessarily have a preference for single vs multi-families at this point. But I am interested in any market in the country as long as I can make great connections along the way, and we can all share some success while doing it. Cheers!

First ever post here!! My question is how are you professionals able to cash out refinance on LTV without waiting the 6 month seasoning period? Are there requirements that must be met? Does it depend on the bank? Does it depend on the type of property? Depend on the state the property is in? I would be paying cash for the property and rehab if that makes a difference as well.

I'm excited to be here on this community, can't wait to network with you all!