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All Forum Posts by: Francisco Soto

Francisco Soto has started 8 posts and replied 11 times.

@Francisco Soto

And then convert to conventional lending

Can I buy a property using a heloc? Cash offer?

Post: How to buy with credit report disputes..??

Francisco SotoPosted
  • Memphis, TN
  • Posts 11
  • Votes 0

Hello all,

I am interested in buying a property. However I have ran in the need to do some credit report dispute that accounts that are not mine and throw off my DTI ratio.

What are creative ways to bypass that be able to buy while managing those disputes?

Thank in advance

Post: What are Comparables Values

Francisco SotoPosted
  • Memphis, TN
  • Posts 11
  • Votes 0

@Francisco Soto

Thank you in advance.

Post: What are Comparables Values

Francisco SotoPosted
  • Memphis, TN
  • Posts 11
  • Votes 0

Hello everyone,

What are comparable values to consider in research and before finalizing a buy?

What would be the initial research plan and what resources to include?

Lets say I pick a market/city of focus, then what?

Post: Creative financial lending

Francisco SotoPosted
  • Memphis, TN
  • Posts 11
  • Votes 0

I work for a non-profit. I have a 403b, for almost 5 yrs now. Is borrowing from it possible to lend from it and invest in a property. Whether it be fix and flip and or rental?

Thanks FS

Post: Financing, lenders, loan ideas

Francisco SotoPosted
  • Memphis, TN
  • Posts 11
  • Votes 0

Can one purchase a house with hard money and also get a loan from a credit union for renovation?

@Daniel Haberkost

Daniel H. Thank you. Daniel what would be"must have or outline responsibilities" thats should be in the agrrement?

Me and my partner are interested in buying properties together. The mission and vision in the partnership is longterm. Should we open an LLC?

Thank You

partnership consist of a cousin who is skilled in rehab and maintenance, mom who has credit and investing money to put in, and me to handle administration and hunt for deals. we are putting in the same amount of money and loan from hard money

questions:

-how to best structure the deals

-if he is doing the rehab: how should that be approached- from an investment and payment for rehabbing the house/deal (s)

-legalities that should be covered

-any other recommendations...

thanks in advance

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