All Forum Posts by: Otis Sanders
Otis Sanders has started 0 posts and replied 90 times.
Post: Cape Coral New Construction

- 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?

- 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?

- 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

- 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

- 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
Post: Who is buying Secondary Homes/ STRs in this market? If so, where?

- Investor
- West Palm Beach, FL
- Posts 94
- Votes 32
@Jordan Ray
Agreed. South Florida is doing well right now
Post: First Flip Complete!

- 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?

- 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?

- Investor
- West Palm Beach, FL
- Posts 94
- Votes 32
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.

- Investor
- West Palm Beach, FL
- Posts 94
- Votes 32
@Beau Watson
Yep. Very different Lol