All Forum Posts by: Kyle McCullers

Thanks @Lucas PintoI will definitely get into REAPS I've heard a lot of great things about that organization. 

Hi @Kerry SmithI am currently looking for SFH in Pierce and Thurston counties to flip. I'd like to discuss with you the available properties that fit my criteria.

@Cj JuanThank you for reaching out. Can you message me your contact information I would definitely like to reach out on properties I find in those areas.  Thank you.

@Dmitriy FomichenkoThank you for the advice Dmitriy! I appreciate it!

Hi @Archana Bhat

I'm new and in the Seattle area too.  Welcome!

@Tatiana GershanovichTheir website advertises 100% financing in special situations. My understanding is the HML would finance up to a certain LTV of the ARV, say 70%. So if I were to get a property undervalue and include a rehab budget that met that 70% or under I would essentially be able to acquire, rehab and sale the property without using any of my own cash. Is this realistic or is this perfect world?

I'm a newbie and this is great motivation for myself. Can you shed some light on the wholesale aspect of this transaction.  Does the wholesaler assign you the contract after he's negotiated with the bank and once you close on your deal he/she is paid?

Are all hard money lenders requiring down payments in the Seattle area? I was looking into a company called dohardmoney.com.  Have you heard of them?

Thank you Rachelle!

Hello,

My name is Kyle McCullers I am an underwriter of a local credit union and I've been in the mortgage industry for the last 10 years.  Real estate investing has been a passion of mine since I was 16 and I got into the mortgage business to learn more about it.  It wasn't until recently someone asked me what has been holding me back from getting into it and made me realize nothing was but myself.  So I stumbled up one of the blog posts which lead me here.  So I looking to establish working relationships within my area and expanding my network of real estate agents, and contractors.  I am looking into buying, rehab and selling.  Thank you.