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All Forum Posts by: Sheena Varghese

Sheena Varghese has started 23 posts and replied 74 times.

Post: Delayed financing and no seasoning loan

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

@Account Closed - As far as the LLC giving me a loan, I am assuming I would work with a lawyer on that correct?

Post: Delayed financing and no seasoning loan

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

@Matt K. - thank you for explaining that, really appreciate it!

Post: Delayed financing and no seasoning loan

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

@Account Closed - Thank you!  That's a brilliant idea =)

Post: Delayed financing and no seasoning loan

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24
Matt K. - Thank you for the response. So, there is no way for me to purchase a property cash, turn around within days and get a conventional 70-80% loan on it, correct? I would have to wait 6+plus months to do that?

Post: Delayed financing and no seasoning loan

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

Hello,

I have about some equity in my primary residence.  I am in the process of moving into another property and was going to sell my current home and use the funds to purchase more properties.  I recently heard a podcast on BP regarding delayed financing through secondary market.  From what I understand, you can use the equity you have on a property to purchase another property.  Then there is no seasoning period to obtain a mortgage on the new property.  Did I understand this correctly?  Anyone has done this with success?  Would you recommend this route?  Thank you in advance!

Post: Handyman wants to be the renter

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

Thank you all! I really appreciate your advice.

Post: Handyman wants to be the renter

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24
Hello, I bought a property that needs some repairs. One of the handymen that came out to give an estimate asked if he could rent the property and in turn he would do the work in lieu of first month, 2nd month and last month's rent.. He would only move in after all the repairs are completed. Not sure if this a good idea. Any advice will be much appreciated! TIA!

Post: Investor friendly brokerge

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

Hello,

I am an investor from Orlando, FL and recently received my RE license.  I am looking to join a real estate company that understands the needs of investors and support investor agents while providing great initial training and ongoing support. 

Thank you!

Post: Real Estate Attorney in Central Florida

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

Hello,

Any recommendations for a great real estate attorney to look over real estate investment contracts in central Florida?  TIA!

Post: Looking for RE agent in Central Florida

Sheena VarghesePosted
  • Realtor
  • Orlando, FL
  • Posts 79
  • Votes 24

@Scott Wagoner

Thanks, sent  you a pm