All Forum Posts by: Nick Cabreira

 Hey Adam, 

Just did!

 Hey Diego, I will keep that in mind. Let's connect!

Investment Info:

Single-family residence fix & flip investment in Los Angeles.

Purchase price: $495,000
Cash invested: $15,000
Sale price: $720,000

Hard money, investor raised funds, put a bit of my cash in as well. Full remodel on the home.

Hey Christian, let's connect. I am an investor looking for my next deal in the South LA area.

Hey Thomas,

I'm an investor in the South LA area, just finished my last project. If you have anything in that area please sent them my way.

Looking to connect!

Hey Nancy, 

Do you have anything in South Los Angeles? 

Hello Everyone,

I am an investor and have just finished my current project. Am on the look out for the next one, so I'm looking to connect with more wholesalers and agents serving off-market deals in the South Los Angeles area.

I will send you more details privately. If you have any deals, shoot em my way!

Thanks,

Nick

Hello Everyone,

I am an investor looking to connect with more wholesalers and agents serving off-market deals in the South LA area as I am looking to get into my next deal.

Feel free to reach out to know what I am looking for, let's connect and make some money!

Thanks,

Nick

Hey Malena,

I recommend you take a look into Debt Service Coverage Ratio (DSCR) loans. DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loans. It's based off how the property operates and if it generates enough income to cover the loan pretty much--I believe the common ratio required could be from 1.25x-1.5x or requiring at least 1 that's for sure.

I personally don't have any hands on experience with these types of loans yet, but I most likely plan on going this route as well soon as I begin investing, but of course do your own research as well.

Hope this helps!

Hey Adam, 

Welcome to BP! I am currently in a somewhat of a similar situation, starting out and building my network mainly. 

Would love to connect!