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All Forum Posts by: Javier Rosales

Javier Rosales has started 26 posts and replied 67 times.

Post: Creative Financing to seller financing

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

@Ned Carey

This property is valued at 1.7 mill, there is a mortgage of 590,000. The LTV can be done. And yes this strategy will make the deal work. Now, will it be a big problem switching Names on title after the fact of the refinance. And am I asking the seller for to much in order to make the deal work. The seller is tired with the property.

Post: Creative Financing to seller financing

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

@Charles Carillo

It is a subject to, but I would need the seller to refinance their loan in to an interest only payments, than after when the refinance is all done than it gets sold to another lender. Than have the seller transfer names on title. This makes the rent cover the interest only payments and the purchase price payment and operating Cost

Post: Creative Financing to seller financing

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hi BP, it’s been a while. I had a strategy in mind.

Is possible to have a seller refinance a loan to interest payments only and you the Cash flow to pay the seller their asking price. Once that is done than switch the name on title to my name (but after the note has been sold to an investor) but keep the loan under the sellers name. Doing all this just to make the deal work.

Post: Keeping Assets safe

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

@Jonathan Bock

@Chris Seveney

@Melanie P.

I have contacted my insurance Agent and they aren’t doing any Umbrella Policies.

Post: Keeping Assets safe

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hello BP! does any one have a insurance company they can referral that's doing umbrella policy's for small multifamuly properties? thank you in advance

Post: 2nd mortgage strategy

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hello BP! am looking to get a Home Equity Loan ( second Mortgage) . when doing this process does the interest rate on my first lien change. its a really good rate and don't want o touch it.  or does the subordination agreement just ask for permission from the first liens lender. to allow another lien on the asset. thanks in advance

Post: 2nd’s and HELOCS, is that something to use

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hi BP community, am looking to purchase a third small multifamily. Am looking to get some cash out from one of my properties. Would you guys recommend this strategy?

Post: Real Estate Investing

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hello BP Community, i want to know your experience of owning rentals in Lamont Ca.

Post: For Investors By Investors (FIBI)

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

We have an excellent guest. Bruce Norris will be speaking on Understanding the Quadrants and how to make money in the next one.  See you guys their!

Post: For Investors By Investors

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

The Event Is really tonight 2/1/23. 

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