All Forum Posts by: Justin Brickman

At the end of the day, there’s no right or wrong answer. Each investor’s current situation will have a huge impact on which path would be better for them. Just wanted to see some different points of view on it. 

Hey Willis, quick question my man! So you’ve been on here since 2018 and this is your first post in the forums? I’m kinda flattered that it was on mine haha

Very good points Bruce, and  didn’t think about the difficulty to obtain a commercial loan for many investors. 

Good luck, hope it works out. 

Be confident in it either way. Sounds like you’re in a good position with $800K of equity 

Hey Peter, I’m glad to help you get started. I took your approach since 2021 except with 2 a year. And you can use my team, local lender, contractors, inspector. 

If you would like to message me directly I’m happy to discuss further 

Okay cheers lol

Quick closing in 20 days with 3-5 conditions for an inexperienced investor? Haha as nice as it sounds, it’s hard for me to believe 

Yeah I don’t think you’re missing anything. When you’re taking a loan of the size out, that’s the interest you can expect to pay with rates right now. 

It’s Zillow’s world we’re just living in it

I would be careful using DSCR. They can get very messy with underwriting especially for new investors. It highly increase chances of delaying closing or losing out on your earnest money.