Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Otis Sanders

Otis Sanders has started 0 posts and replied 90 times.

Post: Cape Coral New Construction

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Stetson Miller

I may want to pick your brain about the area

Post: Do all lenders charge origination points?

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Nate Bartlett

Not all charge origination points. We only charge a flat fee of a little less than $1500. Any other “origination points” are used to buy down the rate.

Post: Purchase then refinance to DCRS to pull out down?

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Shane Zilinskas

We have a no ratio program.

Can also offer 85% ltv on a purchase with a credit score over 720.

Post: First Time Investor In Need of Advice

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Dwayne Clarke happy new year to you as well! Yeah just keep making those phone calls. Im sure you will find someone, maybe even a small local bank. I invest out of state as well and had to use a small local lender to pull cash out.

Post: First Time Investor In Need of Advice

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Dwayne Clarke have you checked with your local credit unions? They tend to lend on lower valued properties 

@Jordan Ray

Agreed. South Florida is doing well right now

Post: First Flip Complete!

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Simone Johnson

Congrats on a wonderful deal!! I used Marta near the end of my last flip as a project manager. She was great. Did you use her contractors to complete the work?

Post: What's your non-real estate side hustle these days?

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Briana Phelps thanks! You as well! :) 

Post: What's your non-real estate side hustle these days?

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Briana Phelps

I’ve been hearing great things about it. I wanted to start off with a few cash cars maybe a Prius and Mustang convertible. It’s too many Tesla’s on the platform in South Florida. 

When you do the contactless pickup at what point are you uploading pictures of the car into the app?

Post: Buying a small portfolio in Dawson Georgia.

Otis SandersPosted
  • Investor
  • West Palm Beach, FL
  • Posts 94
  • Votes 32

@Beau Watson

Yep. Very different Lol

1 2 3 4 5 6 7 8