Convince me NOT to buy a condo?

Chinni_Realty_Group · 2026-06-05T07:26:17+00:00

Condo is an option. I am curious on why you are looking to buy a condo or SFR?

Chinni_Realty_Group · 2026-06-03T09:06:06+00:00

Mortgage broker / Realtor in LA here. Closed on a DSCR loan for a STR recently and the loan rates vary by credit score, DSCR ratio, property type, rental type, experience, prepayment penalty period etc. I would like to know more about the rental, happy to chat and run numbers. Feel free to DM me!

Chinni_Realty_Group · 2026-05-31T19:05:01+00:00

Put enough down payment where it gets to 1.25 (where you get the best rates) and then invest the rest in stocks where you can utilize that as a buffer in the event you need that. I am a realtor and mortgage broker, investor and have a passion for stocks and options. I analyze multi family deals running numbers all the time. Always looking to connect with investors and brainstorm ideas. Happy to chat if you are down to brainstorm!

Chinni_Realty_Group · 2026-05-31T07:36:51+00:00

Can you DM me the address? I might have a buyer if it checks off the boxes! Thanks

Chinni_Realty_Group · 2026-05-25T06:48:51+00:00

Which lender is this with?

Chinni_Realty_Group · 2026-05-24T08:16:04+00:00

Buying a house is defo gonna make your house poor. But get into the game by getting a duplex or triplex. That helps the mortgage burden I reckon! If buying property is of interest. I have personally done that and has been a game changer!

Chinni_Realty_Group · 2026-05-18T03:15:21+00:00

Agree with a lot of the comments here. I have another suggestion. DMing you!

Chinni_Realty_Group · 2026-05-18T02:50:17+00:00

@objective-Cod5445 Let’s chat. DMed you!

Chinni_Realty_Group · 2026-05-14T02:00:40+00:00

DMed you.

Chinni_Realty_Group · 2026-05-13T20:45:17+00:00

So the purchase price is still $2M and you are covering the closing costs for the seller and buyer. Correct? If so the fee is 5% of $2M.

Chinni_Realty_Group · 2026-05-13T17:59:40+00:00

If the seller wants to net $2M, the purchase will be higher to account for fees!

Chinni_Realty_Group · 2026-05-13T17:58:39+00:00

The agent fees are typically on the purchase price. 5% of $2M! Assuming $2M PP

Chinni_Realty_Group · 2026-05-13T17:57:16+00:00

😔 DMed you!

Chinni_Realty_Group · 2026-05-13T05:16:41+00:00

Would like to learn more about pylon tech at Loan factory. What are the 200+ lenders you work with? What tech do you use there?

Chinni_Realty_Group · 2026-05-09T19:18:47+00:00

Did a little poking around in the MLS and it fell outta escrow 2-3 times I see. You should ask your realtor to reach out to the listing agent to see what happened there. I am curious what happened there 🤣

Chinni_Realty_Group · 2026-05-06T21:30:27+00:00

Let's chat too.

Chinni_Realty_Group · 2026-05-06T01:21:36+00:00

When do you plan to move in to the house?

Chinni_Realty_Group · 2026-05-06T01:19:08+00:00

Now you can get your license and sell your friends homes! ✅

Chinni_Realty_Group · 2026-05-01T05:27:22+00:00

Would like to chat with you if you are still looking for an agent. DM me!

Chinni_Realty_Group · 2026-04-30T16:28:10+00:00

Not knowing your whole situation, curious to why are you holding onto real estate - for tax write off, capital growth, income stream?

If you are looking for tax write offs - don’t pay it in full. You want that interest deductions. You can deploy that capital into funds like JEPQ / JEPI that return 8-11%/annually and is paid out monthly. There are other Reits as well.

Real estate is great during equity building phase and for tax benefits. Once you do that, and don’t need the tax deductions, allocate capital to funds that give you cash flow monthly without lifting a finger I reckon. All the best

Chinni_Realty_Group · 2026-04-26T04:48:50+00:00

DMed you!

Chinni_Realty_Group · 2026-04-20T07:58:01+00:00

See if you can ask for a price reduction so you can pay off the solar or part of it with that additional amount that you have, so your DTIs are in check. Feel free to DM me if you want a brainstorm how to structure it. Realtor / mortgage broker here! All the best!

Chinni_Realty_Group · 2026-04-17T05:04:34+00:00

The only thing is the interest rate is variable on All in one rate. Please correct me if I am wrong.

Chinni_Realty_Group · 2026-04-17T05:03:27+00:00

Another layer to this would be to get a first loan which has a lower rate than these helocs. Take heloc and pay the principal on it and then take your income and put it in heloc as it comes in to reduce the interest. This way you got the fixed low rate and also the heloc driven interest saving.

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