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All Forum Posts by: Jerry Padilla

Jerry Padilla has started 261 posts and replied 3301 times.

Post: Cash Out Refinance

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

It depends on how long ago you purchased the property. How long have you owned the property? Do you own other properties?   

@Cheryl Packham 

Post: Multi-Family property in DFW

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

@Adam Wright 

 maybe able to help you out with getting started. He seems to know the area pretty well.

Post: Where did you get the money?!?

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

@Seneca Stephens 

 We started out as owner occupied and then an owner occupied multi-family and put all the income back into our properties. This way we put less money down.

Post: Self Storage Investing Class in Rochester, NY?

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

It seems interesting. I haven't ever really thought of it, honestly, except for the show Storage Wars. @Michael Wagner

Post: Meetings - Buffalo, NY

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

I am also planning on attending the BP meeting this Thursday on 1/22. @Thomas G.  let me know about this meet up.

Post: Want in on Owner Occupied Investing

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

@Andrew Schultz may be a good agent and property manager to contact to get you started.

Post: Want in on Owner Occupied Investing

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

@Corey Threet Do you have money saved up for a down payment? That would be your first step. You also need to figure out where you would like to purchase a house and get pre-approved for a mortgage. You need to find a good real estate agent to help guide you on a purchase. I hope this helps.

Post: 1st investment… Local or out of state?

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

We have a lot of out of state investors in the Rochester and Buffalo NY areas.

Post: Newbie from Memphis, TN

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

good luck! It has also been an interest of mine. 

Post: Looking for wholesale deals in DFW area

Jerry Padilla
Posted
  • Lender
  • Rochester, NY
  • Posts 3,451
  • Votes 1,419

@Sid Siddiqui  I look forward to your updates!