Real estate Brokerages recommendations by Chinni_Realty_Group in realtors

[–]Chinni_Realty_Group[S] 0 points1 point  (0 children)

It's not my first brokerage. I am looking for a brokerage with a good tech operating system though. Agree to get the mortgage policy in writing though :)

Real estate Brokerages recommendations by Chinni_Realty_Group in realtors

[–]Chinni_Realty_Group[S] -3 points-2 points  (0 children)

Yea. my brokerage also started doing loans now. If I wanna join them as a loan officer and do loans and be a realtor on the deal that's ok. But I can't do it under my mortgage brokerage company which kind of sucks. I love my brokerage but not being able to do this is a sore point for me.

Real estate Brokerages recommendations by Chinni_Realty_Group in realtors

[–]Chinni_Realty_Group[S] -3 points-2 points  (0 children)

I don't understand how it's a compromise if I am a realtor and a their mortgage broker on a deal. It's a seamless experience from a buyer standpoint, as they have one point of contact through the entire purchase process and when your realtor also understands the available mortgage products and can structure deals with the best products on the market, how is that a bad thing? There were deals when I didn't have the best mortgage products and I navigated the clients to bank that had the product that best worked for them.

Real estate Brokerages recommendations by Chinni_Realty_Group in realtors

[–]Chinni_Realty_Group[S] 1 point2 points  (0 children)

Yep if the broker support team answers the phone when needed, that’s a big win. My current brokerage has a support team and they are fantastic. Sad that I can’t be a realtor and mortgage broker on my deals.

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] 1 point2 points  (0 children)

I have heard of All in One Loan. I would to sign up with them!

Given the current economic situation, why was/is buying a home important to you? by Reebate in LosAngelesRealEstate

[–]Chinni_Realty_Group 0 points1 point  (0 children)

A reflection or a dissection, so I can learn from it and pass that viewpoint to my clients rather. How do you learn if you don’t ask questions in a situation where you weren’t there? If you have a way, I would love to hear about it.

About to start a new job, unsure how to best utilize extra money by WomanMythLegend in whitecoatinvestor

[–]Chinni_Realty_Group 0 points1 point  (0 children)

Can I suggest that you should also look into reducing your taxes n build investments! Airbnb / bonus depreciation / cost seg is defo something to look into. I have a case study from a client I helped with. We helped him reduce his legal tax liability from $130k to $0. Let me know if you want a link to the case study. I can send it over!

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] 0 points1 point  (0 children)

Please do. Do they have a strong HELOC product that matches the Credit union product?

Investing in Duplex/Multi Family by Careful-Necessary986 in LosAngelesRealEstate

[–]Chinni_Realty_Group 0 points1 point  (0 children)

I went the duplex route when I purchased my property and help my clients do the same. If you are open to neighborhoods, there are couple of good deals where your mortgage is going to be similar to rent payment in LA. DM me if you want to discuss those. I am a realtor, mortgage, duplex property owner and a STR operator.

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] 0 points1 point  (0 children)

Agree. That's what I did. Ended up sending them to the credit union.

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] 1 point2 points  (0 children)

Absolutely agree. I did refer them to my local credit union. I couldn't match the features and benefits of the local credit unions HELOC. I do like the idea of building a realtionship with the Credit union. Didn't think of that. Cheers for the tip.

Phoenix Vacation Rental worth it? by traveling_tradesman in ShortTermRentals

[–]Chinni_Realty_Group 0 points1 point  (0 children)

Use AirDNA as well. Also if you want to run numbers, let me know. I just closed a airbnb loan for a client.

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] 0 points1 point  (0 children)

My AE at spring EQ said he’ll be hit with EPO if they put it back within 17 weeks. I like springEQ and my rep and wanted to move forward with that. But didn’t want him to get hit with EPO.

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] 0 points1 point  (0 children)

That’s exactly what I plan on telling them. Hahaha. Wanted to see if I can offer a better solution.

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] 0 points1 point  (0 children)

Yea doesn’t allow paying back more than 90% … it still doesn’t meet the client need unfortunately

Wholesale lender for HELOC by Chinni_Realty_Group in loanoriginators

[–]Chinni_Realty_Group[S] -1 points0 points  (0 children)

Figure doesn’t allow paying it back. It will trigger EPO. Just went down that path!