All Forum Posts by: Seth Teel

@Sean Phillip I have a good roof guy I have been using for about 3 years.  PM for his contact info.  

@Sherman Cummings

As mentioned by others, maybe less is more while you are figuring out your game plan.  You can get 250 business cards from VistaPrint for $10 - $15.  I think I would go as basic as possible.  See the attached example.  I made this on VistaPrint in less than 3 minutes.  A stack of these will get you by until you dial in your niche and branding. Good luck!

@Jacob Forbis  Didn't you house hack in San Marcos?

I have used Mark Caraveo of On the Mark Appraisals consistently for the last 6 years.  He knows both retail and investment valuations very well.   Please tell him I sent you.  http://www.onthemarkappraisals.org

If you are going to classes in-person, SABOR or Champions is fine.  If you are going to do it online, both of those will also work, but there are plenty of other cheaper companies, like trainagents.com.   I wanted to take my classes in-person and opted to go through SABOR.  

Thanks @Jeff T.!

@Simon Stahl, reach out anytime.  We work with a lot of out of state clients as well as many in from other countries.  We have an extensive network of lenders, contractors, & property managers.  I am happy to help any way I can.

@Michael Guzik You have engaged 3 lenders and none have been able to help? What is their reasoning? Are you just not qualified? I bought my first house (a duplex to house hack) at age 20 as well. I was still in college and my annual income amounted to around $12k/year. I had $10K in the bank and zero debt. I had a credit score, but had less than 2 years of credit history. It required me to have my father co-sign on the loan. This turned out to be a good thing. We closed on the duplex. I rented out one-side which 100% covered my PITI and then I leased out each bedroom on my side for $300/month all bills paid. I ended up cash-flowing big time. Mortgage rates dropped and after 2 years I was able to use all the rental income to do it again. Anyway, my point is, let's figure out what the obstacles are that kept the first few lenders from qualifying you and go to a local lender that specializes in first-time home buyers (and the obstacles they face).

I have used Armando Barbosa of Vision Mortgage on my personal home, investment properties, and recommended him to several clients.  Disregard his dated website, this guy knows the industry and will tell you what you need to get you a loan.  Keep in mind getting to a "qualified status" may take time or may require a co-signer.  Lastly, make sure to let him know you don't want another "hard" pull on on your credit.  He can likely assess what he needs without it.  Also, if you have a current copy of your credit report, that may suffice for initial qualification.  If you have any other questions, don't hesitate to reach out to me. 

@Steven Gillmer  I have used Janet Drewry of the Law offices of Janet Drewry for entity formation, among other things.  She is great, thorough, and reasonably priced.   @Jonatan Barbera @John Barr have used her as well.  If you'd like her direct contact info, please sent me a DM.

Hey @Rachel Steenland, reach out to @Diego G.  He's an agent in my office that works exclusively with investors.  He is also an investor himself.  

I second that for Scott's Inspections and Brad Baker with Beneficial Inspections.  I have used both and recommended both to my clients.  Another good inspector (also an investor),  Is Chad Clanton with Golden Canopy Inspections.