All Forum Posts by: Timothy Aughinbaugh

wow. Maybe this is not that great then. I thought 6.5 was pretty decent. This is through First Key Lending.

This is a portfolio of homes that I currently own and am looking to leverage to get some money out of them.  My net return on the cash annually is 12.47%.  I am in the portfolio of homes for a total of around 640K.  Hope this helps.  I am just looking for some opinions as I have not financed anything in the last 7 years.  Treading into new waters again here.

I have a portfolio of 7 properties, 9 units total, current ARV is 750,000. I have been offered a 30 yr fixed 6.5%, 1% origination, for 575K loan value to the portfolio. It has a no pre payment penalty and is pretty straight forward for a commercial loan. I am thinking this is pretty good based on rent roll to value but what do you guys think?

I am an active investor in the Grandview rental market.  If you have any questions please don't hesitate to ask.  I own 9 properties in the Grandview market and know the market very well. I don't mind helping!

Hello everyone! I am taking the dip into the pool of the BiggerPockets community and I wanted to introduce myself.  

I am a current owner of 9 properties here in the South KC area as well as 1 in North Carolina under a separate company. Two of my properties here in South KC are duplex units.  I have been investing in real estate since 2003, starting first as a way to invest money to not have to pay so much in tax.  In my former occupation as a stocks and options trader there was plenty of cash flow to do this.  I retired from trading in 2010 and started full time investing in 2011 after taking a year off.

To date we, as a family, have a goal of owning 20 properties free and clear and enjoying the passive income from them to travel the world, do what we want, and enjoy life! We are ecstatic at the possibilities in South KC for real estate.

We have also flipped several properties as well and this is definitely something I will be doing more of in the future.  I am always in the market for a good deal and usually buy my houses at the courthouse steps.  All of our properties are completely rehabbed and very nice to live in.  Our tenant retention rates are 100% for the last 3 years! We have found a niche in the market and will continue to invest into this area! Anyways, hello everyone!