All Forum Posts by: Walker Seid
Walker Seid has started 18 posts and replied 159 times.
Post: I know my unfair advantage. What is yours? (MOTIVATION)

- Investor
- Boise, ID
- Posts 174
- Votes 51
No Personal Debt
Persistance
Post: Laminate Flooring?

- Investor
- Boise, ID
- Posts 174
- Votes 51
Some people don't like it. I just bought a house that has laminate. It looks cheap if you look close but it is durable and you can install it easily. I don't think it is too bad. You could do bamboo. It is also cheap.
Post: Can you borrow the down payment from one lender to then use to secure a mortgage with a second lender? And is that a good idea?

- Investor
- Boise, ID
- Posts 174
- Votes 51
it all comes down to your debt to income ratio.
Post: Can you borrow the down payment from one lender to then use to secure a mortgage with a second lender? And is that a good idea?

- Investor
- Boise, ID
- Posts 174
- Votes 51
I wouldn't recommend borrowing your down payment unless you can pay it back quickly. It will most likely take away cash flow and turn it into a losing property
Post: Can you borrow the down payment from one lender to then use to secure a mortgage with a second lender? And is that a good idea?

- Investor
- Boise, ID
- Posts 174
- Votes 51
by the way I'm investing in single family rentals at the moment.
Post: Can you borrow the down payment from one lender to then use to secure a mortgage with a second lender? And is that a good idea?

- Investor
- Boise, ID
- Posts 174
- Votes 51
yes, you can get a signature loan for the down payment of you have collateral. I'm debt free and used my truck and wife's car to secure a 45k signature loan for a down payment last year. I also got my mortgage loan through the same bank. I paid it off and am doing it again to buy another property that I will close on in 3 weeks. There is always a way off you are persistent.
Post: Just wondering everybody's education/background?

- Investor
- Boise, ID
- Posts 174
- Votes 51
I'm a crane operator!
Post: How Do You Buy Real Estate Notes?

- Investor
- Boise, ID
- Posts 174
- Votes 51
how do you buy notes? I am interested in learning the process.
Thanks for the information. There are some great tax benefits.
Thanks for the information. Does that all depend on my personal income level?