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All Forum Posts by: Nicholas Cornford

Nicholas Cornford has started 1 posts and replied 17 times.

Post: Great Oppurtunity to Flip in Oak Park Estates of Dallas

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Hi John,

Can you please send me more information and photos of the property

Thanks

Nick

[email protected]

Post: Income producing, turn key, 2 family for sale

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Aloha Alex,

Can you please send me over the details and numbers from the previous year.

Thanks

Nick

[email protected]

Post: Deals! 25-55% Of Market Value! Already Purchased From The Banks!

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Please send me Texas and California

Thanks

Nick

Post: New member from Hawaii

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Aloha Dan,

Welcome back to the game!!! How long you been in Hawaii?

Post: Are Contract for Deed deals allowed in Hawaii?

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Hey Mike,

Contract for deeds are legal here but you need to have an attorney draft it up so that it is done correctly.  Also is there an existing mortgage in place or is it owned outright?  If there is a mortgage in place there is usually a "due on sale clause"  so the bank could call the loan due upon transfer of the deed.  I have heard of people doing it all the time and never heard the back actually calling the loan as long as the mortgage is getting paid.  Just something to keep in mind.

Hope this helps,

Nick

Post: What is the Process of creating a Private Note?

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Hey Mike,

Find a good RE attorney here and they will draft up the note.  

Nick

Post: Acquire property in your Own Name or an Entity? Depends on ...?

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Hey Mike,

I have two properties here in Hawaii and they are both under my name at this time because I bought them with FHA loans, I have a LLC set up and will be putting any investment loan, cash, or seller financed properties in an Entity. Hope this helps

Thanks

Nick

Post: New member from Hawaii

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

@Azlina Harun, Yah i know that Ohio is pretty killer for cash flow, and properties are dirt cheap, I have never been there and have no team there.  Colorado and Cali are similar markets to hawaii, so gunna be much harder to find the cash flows. What part of Ohio does your child live ?

Thanks 

Nick

Post: PLOC Bank Referral Needed

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Aloha @James Marszalek

Please keep me posted on these banks if they are the real deal

Mahalo,

Nick

Post: ​Newbie looking to get started in Honolulu, Hawaii

Nicholas CornfordPosted
  • Investor
  • Honolulu, HI
  • Posts 20
  • Votes 5

Well come @Mario Quehl,

Lets meet up and do some work together