All Forum Posts by: Bobby Paquette

I am looking to see if anyone has lenders that can fund 90-100% of the Purchase Price, and Rehab costs of a project. I don't have an issue getting a deal, but the capital is just limited. If I need to get my all in costs to 65% of the ARV, I will get to that point. Looking to build a relationship so I can continue to scale and use the same lender.My current one won't go above 80%

I was just listening to David Greene Talk about the ADU laws in california and how amazing they are!

That’s awesome, love that strategy. How do your LTR tenants feel about that?

What are your goals with MTR’s? How many do you have/want to scale too? 

What’s your avg cash flow on them? 

Looking to potentially expand into this space!

How do you your rentals structured ? Do you own them in your personal name? In an LLC, and S-Corp, C-Corp? A land trust that is owned by an S-Corp? Curious to hear everyones setup!

Are any lenders still doing Refi’s of 75-80% of the Appraisal if rehab if less than 6 Months? 

Have not purchased a STR, stayed in a bunch of them. I'm looking to expand & diversify my portfolio and would love to add some STR's. What markets are some of you looking in that have defined STR Laws already that don't cost an arm and leg to get into? What markets do you like and why?

I live in Charleston, SC, and invest in the Midwest currently.

What’s some strategies you’re taking in this current market? 

Looking for some recommendations on contractors in the Indy, and Anderson, Indiana areas. Will be looking to do some BRRR's and rehab up to an entire house, potentially add a bedroom if layout allows.

@Jay Hinrichs Charleston, SC?