All Forum Posts by: Trevor Aydelott
Trevor Aydelott has started 38 posts and replied 294 times.
Post: Anyone here from Pueblo, Colorado!????

- High Desert, CA
- Posts 319
- Votes 161
Do you'll have a realtor you recommend out there?
I have a home in Pueblo I'm looking to sell.
Post: Fix and Flip in Ohio and ways to avoid the withholding tax

- High Desert, CA
- Posts 319
- Votes 161
I'll send you a message. Thank you
Post: Fix and Flip in Ohio and ways to avoid the withholding tax

- High Desert, CA
- Posts 319
- Votes 161
Okay so I'm familiar with the withholding tax here in California. If your'e a individual doing a fix and flip you would have to withhold 12.3% of the net proceeds you make from the flip. Now you don't have to do that if you have a LLC.
Now I don't know nothing about Ohio. Can someone point me in the right direction. Because I'm purchasing a home in Ohio to do a fix and flip.
Post: FHA loan & Investment Properties

- High Desert, CA
- Posts 319
- Votes 161
A lot of people talk a good talk, but can't back it up @Corey Damon smith III
Post: Young military couple wanting to start investing in real estate

- High Desert, CA
- Posts 319
- Votes 161
Ray do you currently have a VA loan?
Post: LSF9 Master Participation Trust

- High Desert, CA
- Posts 319
- Votes 161
I see a bunch of these properties owned by
Lsf9Master Participation Trus!tI will be bidding on a property that they own. So I shall see how that goes. Wish me luck.
Post: Minimum requirements for property condition w/conventional loan

- High Desert, CA
- Posts 319
- Votes 161
Okay I don't fully understand it.
But what I was trying to say if you put a offer on a home here in California to buy and don't put that you want a septic certification and pump you're fine. So regardless if the septic needs to replaced or not. If they don't have to inspect it, it doesn't matter.
Hopefully that clarifies what I was trying to say.
Post: FHA loan & Investment Properties

- High Desert, CA
- Posts 319
- Votes 161
Send me a message, I used Veterans United. I got a excellent lender. And I'm not just saying that.
Post: Working with Realtors as Co-Investors

- High Desert, CA
- Posts 319
- Votes 161
Maybe help with project management, especially out of state. Also they have a vested interest in it. ( I know they would have a vested interest if they become the listing agent.)
Post: Reserve Requirement for Investment Properties on SFH

- High Desert, CA
- Posts 319
- Votes 161
Well the reason I'm using Wells fargo because they don't have a minimum they loan on. Which is a plus considering it is only a 108,000 loan. and I can get the cash out loan down to 2.75, I mean that is pretty good.
But I may flip it now. And just continue flipping.