All Forum Posts by: Eric Dowling

Welcome Jon Selenkow ! I'm always happy to network.

Welcome to BP Chance Bostick ! I would look into house hacking if I were you. It is a great idea while you are young. Don't hesitate to reach out!

Rita Blinchik welcome to BP! You have come to the right place! Don't hesitate to reach out.

This will come across bias considering I am an agent, but I'll throw it out there anyway. The fact of the matter is a good agent is worth that extra 3%. The few FSBO's that actually do sell, sell for less then they would get with an agent. One of the reasons wholesalers target FSBO's is to get a deal. The people looking at FSBOs are 1. Looking for a deal or 2. Lookyloos who can't afford 3. Expect you to come down 6% because there is no realtor. The people working with agents are motivated, pre qualified buyers. Bottom line you will net more money with an agent, even after their commission.

@Wei Li yeah, house hacking can work out really well if you are willing to go that route. I like properties with two houses so you don't share a wall with tenants. There are definitely options in Woodland Hills.

Welcome to BP @Wei Li!

You came to the right place. Have you thought about house hacking? It can help with the high prices, but it can be difficult to do with a family. I also have a one year old and am looking for possible house hacking opportunities here.

Where in LA have you been looking?

Welcome to BP Brian Nostrant ! I'm originally from Missoula and still have property there. I miss it!

Welcome to BP Claude Ross Don't hesitate to reach out!

@Andreas Blomst I'm very surprised you can only find a primary residence HELOC for 65% LTV. Try your local credit unions, some will go as high as 90%. Our credit union here will even go 70% LTV for investment properties.

@Justin M. finding properties here that cash flow and still have a decent cash on cash return can definitely be difficult. I have found myself investing in Palm Springs vacation rentals because of this.