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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 185 times.

Post: Deal Analysis - Kansas City Class C property

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

Typically on a multi, conventional financing would want 25% down. Did you find a lender that allows for 20% down?

Post: Best Cash Flow Strategies

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

In my opinion, a property that cash flows and gains equity is a winner. Note buying, Funds, Hard Money Lending... There's a lot of ways to make it work. I would research for hours on end and gain professional financial and legal advise before entering any situation. 

Post: Kansas City Market Evaluation Using BP Rental Property Tool

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

I'm in Kansas City and know the market well. Let me know what I can do to help :)

Post: New Member: My name is Tim

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

Welcome! BP is a great resource for information, connecting and finding real estate deals!

Post: New Member & First Question

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

You can certainly go for conventional financing! PM me if you are looking for recommendations. Out of the 1000+ transactions I've undergone, I do have some that I would highly recommend!

Post: Planning to buy my first investment property

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

Pavan,

Congrats on your decision to invest in real estate! There are many benefits! I have lots of financing contacts as well as information in the Kansas City and Dayton areas. Best of luck!

Post: South Side Chicago vs South Chicago Suburbs for turnkey rentals?

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

Research, research, research! BP is a great place for insight! I do know a ton about Kansas City and Dayton but cannot help you in Chicago. Good Luck Zhou!

Post: Thoughts on numbers

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

What expenses are you calculating? 

Post: Starting REI with out of state SFR

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

Congratulations on your decision! I have done business with OutYard before - a group of great people!

Post: buying out of state/non-local property

Account ClosedPosted
  • Real Estate Investor
  • Kansas City, MO
  • Posts 222
  • Votes 121

Hi Mary! Many investors who live in markets that are saturated turn to out of state investing. This is very common, even for newbies! I have helped several people make their acquisitions. In house property management is definitely a must in this situation!