All Forum Posts by: Jacob George Lada

@andrewnewlon   Investment

Hello, I recently had a falling out with my current mortgage lender in Springfield MO and am looking for a lender you recommend in the area. My credit score is 758. The property I'm buying is for 200,000. Curious if any lenders you have used would be willing to do 20% down payment with fixed rate. Thanks

Hey everyone, I'm new to investing and currently have my eye on a few options around the Springfield area. I was wondering if someone could recommend a CPA and real estate lawyer to start my business in the Springfield area. I have not obtained an LLC yet but plan to do before buying. Also curious if anyone uses a CPA or lawyer to conduct their business. Thanks

@Diana Muresan I sent you a message

@Diana Muresan so are you saying I could do FHA, without living in the actual property?? All units would be occupied and the tenants plan on staying if I purchased.

@Diana Muresan I am a travel nurse. My home base is in Missouri but I'm currently staying in Michigan about 15 minutes from where this property is. I plan on living here in Michigan long term if i turn permanent staff at the hospital I'm currently traveling at. So say I done a conventional loan on all 3, paid 20% down, would I see the same interest rate across all 3 notes or various? Or how would I work the FHA when all units would be occupied

@Diana Muresan the seller did want to do owner financing. But I did research that route as well. All units would be rented upon purchase

Just curious if anyone has used "Better Mortgage" for purchasing any investment property?

@Jon Simpson @Craig Jeppesen I spoke with the owner today. He states only 1 tenant is on a lease until July 2019. The other 5 tenants have surpassed their 1 year lease. If the tenants chose to leave they must give a 30 day notice prior to leaving.

@Jon Simpson I'll have to figure out the lease I didn't ask that today. But yes I do plan to raise the rent consistent with the market.