All Forum Posts by: Ozzie Rodriguez

Hi, everyone, I have a house under contract and now we are under attorney review. In the first letter that we send we found out the house is in a short sale. We put a bid for $193,700 which the current homeowner accepted. But now we found out the owner owns on the house $200,000. The house has also solar panels, we have asked for the lease paperwork or to give us more information on how much he pays for the solar panel. We have not had any respond.  I honestly do not what to do or what question to ask because it is very confusing. Because on the listing of the house it did not say it was lease for the solar panel. And also it did not say it was a short sale. They also did not say we were responsible for the inspection of occupancy. Does anyone has advice or at list guide me on the question to ask to solve this puzzle? 

Thank you

I spoke to my lander and he is looking into a 203k loan or hard money loan. But is it true that when you do a hard money loan your are not aloud to be your own contractor?? Because a rehab does not scare me since l do this for living. 

Hello everyone l am pre-approved and looking for my first home. The BRRRR method work in this situation? Or how could l make it work?

I am doing driving for dollars and doing my first direct mail marketing. To find an off-market deal, the harder part is finding a good deal since l am carpenter l can make the deal work much easier but the hardest part is getting approved on a house that needs work. Is there a way l can go around this. To get approved for the conventional loan.

Approved for $200,000 3.5% to 4% mortgage rate. Much of the house in the jersey short need a lot but the

Ozzie Rodriguez, Contractor

Hello everyone l am pre-approved and looking for my first home. The BRRRR method work in this situation? Or how could l make it work.

I am doing driving for dollars and doing my first direct mail marketing.  To find an off market deal, the harder part is find a good deal since l am carpenter l can make deal work much easier but the hardest part is getting approved on a house that needs work. Is there a way l can go around this. To get approved for the conventional loan. 

Approved for $200,000 3.5% to 4% morgate rate. Much of the house in the jersey short need alot but the 

I want to increase as much as l can the value. Can first time home buyer use the BRRR method?

First most ask for referrals. Ask if you can visit their current job. And ask for two quotes. One with material and the other without the material just labor. 

Thank you Aaron K. The only reason I would want to buy one. Is that I can put haft of the money and the other haft would come through hard money lending in actual cash. This would get rid of my rent expense since I would rent the other two bedrooms. 

I look at a mobile house with 2 bed 2 full bathrooms and potential for a 3 third bedroom. The price is $28,000 Would it make senses to buy for a first time homeowner?  or at least for house hack? 

Just got my self a nice couch Airbnb and extra day to explore Nashville. 

it look like you have a good deal! @Elaine Lai