All Forum Posts by: Justin Franklin
Justin Franklin has started 33 posts and replied 86 times.
Post: BRRRR Cash out Refi Struggles

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
Anyone else struggle with completing the BRRRR process due to a small loan amount? I have to BRRRRs in play right now, but I can't find a lender that will cash out refi a loan <$75k to save my life.
Anyone else share my struggle, and/or find a solution?
Post: BRRRR Cash out Refi Issues

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
Anyone else struggle with completing the BRRRR process due to a small loan amount? I have to BRRRRs in play right now, but I can't find a lender that will cash out refi a loan <$75k to save my life.
Anyone else share my struggle, and/or find a solution?
Post: Cash out refi lenders and pricing

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
Originally posted by @Cameron Tope:
Tony,
Definitely agree with @Jon K. - 3 points is not normal. However, if you aren't a "worthy borrower" (bad credit, low income, etc.) then that is more common.
Get hooked up with local credit unions, they'll be your best bet.
When you say local lenders...do you mean local to the property or local to the investor?
Post: How should I insure all my properties?

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
As I grow my portfolio, I'm thinking I should standardize my insurer. I own property in CA, MI, IN, TX, CO and PA...and I have 6 different insurers. Any guidance on a company that can provide a solid one stop shop for me? In a perfect world, I'd be able to have on agent or broker to handle insurance on all properties!
I'm also getting concerned about liability insurance...any recommendations on umbrella policies?
Thanks!
Post: Looking for a REI Attorney

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
I'm looking for an attorney that's seasoned with real estate investing. I'm currently in the process of creating a mortgage note with a private investor. I'd like to make sure that I'm setting up the transaction the right way and protecting myself.
Post: 1031 Exchange Advice

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
Thanks Jodi! Did you work with Dino?
Post: 1031 Exchange Advice

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
@Steve Morris thanks Steve! Local to me or to the property ?
Post: 1031 Exchange Advice

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
I'm looking to do my first 1031 exchange in the near future. Does anyone have a recommendation of a broker to help facilitate or experiences/advice or do's-and-don'ts on how to Do It Yourself?
Post: Help utilizing my VA loan benefit

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
@Bethany Virago hey shoot me a PM
Post: Oklahoma City Advise

- Rental Property Investor
- Los Angeles CA
- Posts 100
- Votes 37
@Jessica Brunner any recommendations???