All Forum Posts by: Ralphy Rosado

 Thanks. Yea only other option I can think of is to balance transfer my credit card funds into my account to buy more properties till I'm make enough. my taxes have shown more of a lost. I was offer with a hard money lender an  amortization schedule but not sure if that going to be smart for me cause interest is 12% with 3 point for 5 years which equal about 4500 in 5 years with all fee just to borrow 10,000. or i can pay an interest only but if i can't refi then I'm can't of stuck or can't sell. 

I am a first time flipper and I am looking to grow my money to buy more rental faster. Any pointers. I want to make sure I buy a good deal and I'm not sure how to compare comps in florida since I never did business there. 

Does anyone know how  (subject to) work's. Does anyone have the form that are use to do a subject too

Hello there everyone thank you for joining this discussion. I am an investor that looking to refinance my rental properties i make about 2550 a month from my properties and would love to refi and expand and buy more. I don't have a job that pays me weekly but I don't have income and a great credit score. all my properties are under my LLC. I would like to know what step I should to get a refi to buy more properties and will it be easy or hard. Also my properties I bought them for 15,000 each there all paid off completely. But worth about 35,000 to 45,000. Should i have a problem doing the refi and what banks would you recommend.

I will like to put all my credit card on one loan on my llc so my score can go back up and I can make payment threw out a 15 to 25 year period. I own about 80,000 but its all good debt thats paying me back but I want to have good credit again so I can do I smarter and grow faster. Maybe buy more rental with my own rent cash. instead of it going to bills

plus the 3 point which is 640 

So for example if it take me 3 year to pay back the hard money I will pay 7200 interest and 20,000 back is it worth

Hello first i want to thank you for reading my question. I am looking to buy more rental properties faster. I would like to pay in long term loans with an interest that super low. I found someone on craigslist who will offer me 20,000 for 12% annually with 3 points. i can rent the property out for about 800 to 1000 a month. And my purchase price will range from 15,000 to 20,000. At 12 percent I told I just pay interest monthly of 200 a month till I pay off the 20,000 back. I feel I can make money but I also feel like paying that much monthly is better for a fix. Any recommendation on what I should do. I also have 4 rental properties now that I bought with my credit cards. I wanted to refi the houses and cash out but I can't from my understanding till I get my debt to ratio down on the credit cards. Any pointer thanks all is appreciate it. Again I don't know if I should continue getting my self in more debt if Im profiting monthly 

 Thank you 

I'm a real estate investor. I own 4 rental properties. And I'm looking for a private loan or mortgage or a way to refinance my properties. I bought my last 2 properties by taking out a balance transfer and im not able to get a loan directly with a bank till i pay down my cards. I can have my cards pay down with in a year plus. But i want to speed up the process.  I would like to increase my rental portfolio and start buy one house a month. The properties i buy go for 15,000 to 18,000. And I rent them out for 1000 a month.