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All Forum Posts by: Steve Ipock

Steve Ipock has started 14 posts and replied 149 times.

Post: Looking for a portfolio lender

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

Sky

Thanks for your help. Would like to discuss. Drop me a line anytime. I'll check out peak. Like to keep things local if possible. Thanks again.

Post: Looking for a portfolio lender

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

I'm looking for someone that will make loans amortized over 15 or so years but due in 5.

Dti is higher than allowed conventional (60%) simply no way to grow your business without borrowing money if you have little to none.

Most loans will be under 50k or if I can combine 2 or 3 properties into 1 loan I can get over that figure.

Anyone out there loaning any money that think we could work something out? Would rather the lender be in Kc area but not a must. Contact me.

Post: Wannabe Investor in KC

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

I say why wait until the end of 2016? Get started now! I'm in Kc. Feel free to contact me if you need management or any other help.

Post: 3/1 SFR making money today

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

Chris

I'd like to call you to discuss, but I don't see any contact info. in here or on your profile. Fell free to give me a call if you like.

Post: Kansas City Private Lender Funds Loan Secured by Real Estate

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

Jeff

What's your terms? Qualifications? Minimums? Maximums? Limitations?  Etc.

Post: Agent looking to invest

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

Marco welcome to BP. I'm in Kcmo. I already own rentals and looking for cash investors for flips & holds. If your thinking about Kc message me.

Post: Buying 5 plex with home equity

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

I'm in Kc. Offer property management 50/unit per month. 25/hour maintenance fees. Cintact me to discuss. I own & manage my own units plus manage for others that are out of state owners.

Post: 3/1 SFR making money today

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

Chris

Thanks for contacting me. Yes I'll be in touch this afternoon. 

Post: 3/1 SFR making money today

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

let me clarify a bit. When I said "rented 5 days later" that was 5 days after his lease was up & he had moved out I rented to second guy. 

Post: 3/1 SFR making money today

Steve IpockPosted
  • Investor
  • Independence mo
  • Posts 165
  • Votes 49

remodeled in September 2014. Rented for 700/ month to first renter. Rented 5 days later for 600/month. Made that deal to get 6 months upfront. Currently rented at 600 to him. 

Just a few pictures. Several more if you need. Require advance notice to view. Please do not disturb resident.

Taxes just under 200/year. Insurance just over 400/year. Almost maintenance free. I can continue management or you can use your own.

New 3ton a/c, 90kbtu furnace, fridge, gas stove, washer/dryer all included. New flooring throughout, mix of laminate, vinyl, tile & carpet. Newer siding. Vinyl Windows.

Sits across from a nice park with pool. On and off street parking. Nice house. Been a good income producer for me. Just looking to flip my money to buy more.

If you want more pictures send message with email. If you have just general questions I'll answer them in a reply here. Thx.