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Updated almost 8 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Vincent Migliorino
  • Rental Property Investor
  • Fort Walton Beach, FL
3
Votes |
14
Posts

Hard money lenders or fellow investors!

Vincent Migliorino
  • Rental Property Investor
  • Fort Walton Beach, FL
Posted
Hey everyone! I am posting today because I am looking to start networking. I have a goal of building a team and trust with as many people as I can. my current focus right now is hard money lenders or fellow investors. Let me give a bit of background on myself first. I am 26 years old and currently own 3 properties. 2 are rented out and I live in the third. I work full time for the government as a Federal Firefighter for Eglin AFB florida. I have saved up a nice chuck of money around 50k that I want to invest in my next property. My good friend is a wholesaler and I'm also starting to get into myself but only for acquisition reasons I really don't care about the 5 to 10k commission. my focus is more on building an empire as well as flipping. If anyone has any connections or some advice it would be greatly appreciated. I also am now working on my Florida real estate license so when we do sell we can avoid that 6% cutting into our profit margin. I look forward to hearing for you guys thanks!

Most Popular Reply

User Stats

568
Posts
966
Votes
Arianne L.
  • Investor
  • Fort Walton Beach, FL
966
Votes |
568
Posts
Arianne L.
  • Investor
  • Fort Walton Beach, FL
Replied

@Brian Lasserre You can actually have up to 10 conventional mortgages. It's just that after #4 it gets harder to qualify. If your lender says you can only do 4 find another one. 

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