All Forum Posts by: Nghi Le

+1 for BECU on investment HELOCs. However, most lenders will only allow HELOCs up to 70% LTV on investment properties (as opposed to 90-95% on primary residences), and the rates aren't as attractive, whereas you can get 30-yr fixed loans up to 80% LTV on investment properties.

Curious why you are going for HELOCs as opposed to fixed mortgages? What's your goal with the HELOC funds?

There's also the option of getting a commercial BLOC across many properties, but again these rates tend to be higher too (last I checked in the 6's and 7's).

Lately there have been a lot of people asking questions that touch both hard money and conventional financing (especially on the BRRRR strategy and out-of-state investing). We've also seen more requests from people wanting to brainstorm with different types of lenders, but it's hard to get everybody in the same room or aligned on the same schedule.

Nghi and @Albert Bui (Avenue, and Matt/Beth (Flynn Family Lending) are active real estate investors and lenders in the Seattle area. We'll just be sitting and working in a public setting, and anybody can stop by at any time to discuss financing strategies across bridge/hard money, private money, conventional, and commercial options.

Even if you don't have any finance questions, just want to chat about real estate investing in general, or want to put a BP profile picture to a real face, feel free to stop by and join us!  Parking is free in Lincoln Square South (just make sure you get it validated).

Please RSVP directly on our Meetup event:
https://www.meetup.com/RealEstateAtWork/events/267773529/

Pictures of previous events:

Keywords: Seattle, Bellevue, Renton, Factoria, Newcastle, Mercer Island, Issaquah, Sammamish, Kirkland, Redmond, Tacoma, Everett

These days, the Greater Seattle Area has an average of 3 real estate meetups per night, but what about those who can't attend evening meetups due to work schedule, family obligations, etc? Then this is the perfect meetup for you!

There are no speakers or pitching, just pure networking. Whether you're working a day job in the area or are lucky enough to work in RE full-time on your own schedule, come join us for lunch and networking.

We're averaging about 60 people each time we host this event. Certain Lending takes care of the location and food for the event, so all the proceeds collected from the meetup fee ($15/person) goes directly to a couple of charities dedicated to helping at-risk youth find a home and build a future. You can find more details here:

• https://www.leveluphome.org/
• https://www.friendsofyouth.org/
  
  
  

Please RSVP so we can get an accurate headcount for food:

https://www.meetup.com/RealEstateAtWork/

Pictures from the previous events:

Keywords: Redmond, Kirkland, Woodinville, Renton, Factoria, Newcastle, Mercer Island, Issaquah, Sammamish, Tacoma, Everett, Bothell

Lately there have been a lot of people asking questions that touch both hard money and conventional financing (especially on the BRRRR strategy and out-of-state investing). We've also seen more requests from people wanting to brainstorm with different types of lenders, but it's hard to get everybody in the same room or aligned on the same schedule.

Nghi (Certain Lending), @Albert Bui (Avenue One Capital), and Matt/Beth (Flynn Family Lending) are active real estate investors and lenders in the Seattle area. We'll just be sitting and working in a public setting, and anybody can stop by at any time to discuss financing strategies across bridge/hard money, private money, conventional, and commercial options.

Even if you don't have any finance questions, just want to chat about real estate investing in general, or want to put a BP profile picture to a real face, feel free to stop by and join us!  Parking is free in Lincoln Square South (just make sure you get it validated).

Please RSVP directly on our Meetup event:
https://www.meetup.com/RealEstateAtWork/events/267608516/

Pictures of previous events:

Keywords: Seattle, Renton, Factoria, Newcastle, Mercer Island, Issaquah, Sammamish, Kirkland, Redmond, Tacoma, Everett

@Account Closed Always watching the market =)

Although banks aren't really in the same space that we play in.  I believe Jennifer Beadles likes using Coastal as well.

Lately there have been a lot of people asking questions that touch both hard money and conventional financing (especially on the BRRRR strategy and out-of-state investing). We've also seen more requests from people wanting to brainstorm with different types of lenders, but it's hard to get everybody in the same room or aligned on the same schedule.

Nghi and @Albert Bui are active real estate investors and lenders in the Seattle area. We'll just be sitting and working in a public setting, and anybody can stop by at any time to discuss financing strategies across bridge/hard money, conventional, and commercial options.

Even if you don't have any finance questions, just want to chat about real estate investing in general, or want to put a BP profile picture to a real face, feel free to stop by and join us! Parking is free and plentiful, and there's decent food here.

Please RSVP directly on our Meetup event:
https://www.meetup.com/RealEstateAtWork/events/267220071/

Pictures of previous events:

Keywords: Renton, Factoria, Newcastle, Mercer Island, Issaquah, Sammamish, Factoria, Tacoma, Everett

@Account Closed

Curious - what terms did you get from Coastal? rate, fees/points, term, amortization, DSCR, etc?

@J. Martin  Trying to get a couple of tickets... but I think the website is down?

EDIT:  Was able to do it by going directly to this link:  https://www.sfbsummit.com/

Some of the other links seemed to have re-directed me to sfbaysummit2019.com

Thanks everyone for coming out! Check out our other networking events on our Meetup page as well as the BP Events page.

Lately there have been a lot of people asking questions that touch both hard money and conventional financing (especially on the BRRRR strategy and out-of-state investing). We've also seen more requests from people wanting to brainstorm with different types of lenders, but it's hard to get everybody in the same room or aligned on the same schedule.

Nghi and @Albert Bui are active real estate investors and lenders in the Seattle area. We'll just be sitting and working in a public setting, and anybody can stop by at any time to discuss financing strategies across bridge/hard money, conventional, and commercial options.

Even if you don't have any finance questions, just want to chat about real estate investing in general, or want to put a BP profile picture to a real face, feel free to stop by and join us! Parking is free and plentiful, and there's decent food here.

Pictures of previous events:

Keywords: Renton, Factoria, Newcastle, Mercer Island, Issaquah, Sammamish, Factoria, Tacoma, Everett