All Forum Posts by: Victor Sine

Just keeping the group updated. Non-QM has left the island again. and HELOCs are still no here unfortunately. 

What if they have no heirs or will? I'm about to get into this situation where I'm buying a boutique hotel for 3.3MM with seller financing and the seller is 80 and is estranged from his entire family. 

Hey Leila I'm about to work with them too. Could you kindly let me know the downlow? 

Junking back here to see if there are any HELOC options now? I know non-QM is finally on the island… also does anyone know if subject to is done in Pr?

If it ends up not bnbing I don’t mind since it’s so cheap

@Cole Schlackthank you any reason why? I really want to make it into an Airbnb and live there sometimes 

@Paul Winchell @Daniel Vincent @Tom Wagner @Chris Piel @Duc Ong

Hey y'all! I am looking to get into the big island market and I know very little. I'm looking at a deal and want to know if this area is good or not.... I know some areas people don't buy because of the active volcano. I think this is one of them. I just want to know why it's so cheap (other than the obvious) and if there are reasons why people don't buy in this area. 

I have multiple STRs in Puerto Rico and LTRs there too as well as in Utah. 

Here's the link of the Hawaii property:
https://www.zillow.com/homedetails/11-1811-Mahina-St-Mountain-View-HI-96771/122020487_zpid/?

Any feedback is much appreciated. 

@Ricardo Garcia I am looking for a new property manager for my rio grande, San juan, and luquillo properties. Let's connect and chat! Thanks

I'm buying multifamily properties on the east side of the island. Would love to connect and meet up. Will be in PR december 2021-spring 2022. 

@Aaron T. Thanks! Let me know. I've called a few and waiting to hear back. It seems that HELOCS on the island aren't very common. I'm also waiting to hear back from PenFed. 

and technically it is a vacation home not a full on investment property.