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Updated 22 days ago, 10/31/2024

User Stats

23
Posts
4
Votes
Mark Wright
4
Votes |
23
Posts

Excited to Connect with Fellow Investors!

Mark Wright
Posted

Hi everyone!

I’m new to the BiggerPockets community and thrilled to be here! I’m a lender focused on real estate investments, and I'm eager to connect with investors of all experience levels.

I’d love to hear about your current projects and what strategies you find most effective in today’s market. What are the biggest challenges you’re facing right now?

Looking forward to learning from all of you and sharing insights!

Best,

Mark Wright

User Stats

782
Posts
585
Votes
Taylor Dasch
Agent
  • Real Estate Agent
  • Temple, TX
585
Votes |
782
Posts
Taylor Dasch
Agent
  • Real Estate Agent
  • Temple, TX
Replied

Welcome, are you a PML? My biggest challenge right now is deal flow as I am trying to get into flipping and the sale side is pretty rough in my market currently. 

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User Stats

71
Posts
15
Votes
Jacqueline Wright
  • Lender
  • Nashville TN, USA
15
Votes |
71
Posts
Jacqueline Wright
  • Lender
  • Nashville TN, USA
Replied

Hey Mark! Welcome to the BiggerPockets community—great to have you here!

I'm currently involved in a few projects myself, primarily in the fix-and-flip and BRRRR space, and I'm always on the lookout for lending partners. With rising rates and tighter lending criteria, finding creative financing options has become a major focus for me and many others in the community. A challenge we're all facing is balancing profitability with the higher cost of borrowing.

What type of loan programs are you offering right now, and how flexible are you with structuring deals that involve short-term flips or long-term buy-and-hold strategies?

Looking forward to hearing more about what you can bring to the table and sharing insights as we navigate these tricky market conditions!

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User Stats

23
Posts
4
Votes
Mark Wright
4
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23
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Mark Wright
Replied
Quote from @Taylor Dasch:

Welcome, are you a PML? My biggest challenge right now is deal flow as I am trying to get into flipping and the sale side is pretty rough in my market currently. 




Thanks for the warm welcome! Yes, I am a private money lender. I totally understand the challenges with deal flow, especially in a tough market. What strategies are you considering to improve your flipping process? I’d love to hear your thoughts!

User Stats

23
Posts
4
Votes
Mark Wright
4
Votes |
23
Posts
Mark Wright
Replied
Quote from @Jacqueline Wright:

Hey Mark! Welcome to the BiggerPockets community—great to have you here!

I'm currently involved in a few projects myself, primarily in the fix-and-flip and BRRRR space, and I'm always on the lookout for lending partners. With rising rates and tighter lending criteria, finding creative financing options has become a major focus for me and many others in the community. A challenge we're all facing is balancing profitability with the higher cost of borrowing.

What type of loan programs are you offering right now, and how flexible are you with structuring deals that involve short-term flips or long-term buy-and-hold strategies?

Looking forward to hearing more about what you can bring to the table and sharing insights as we navigate these tricky market conditions!




Hey! Thanks for the welcome! I appreciate your insights on the current market challenges. It sounds like you’re doing some interesting work with your projects. I’d love to hear more about your experiences and any strategies you’ve found helpful in navigating these conditions! 

User Stats

270
Posts
91
Votes
Jordan Ray
  • Developer
  • West Palm Beach, FL
91
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270
Posts
Jordan Ray
  • Developer
  • West Palm Beach, FL
Replied

Welcome to BP @Mark Wright!

User Stats

23
Posts
4
Votes
Mark Wright
4
Votes |
23
Posts
Mark Wright
Replied
Quote from @Jordan Ray:

Welcome to BP @Mark Wright!


 Hello Jordan! 

Thank you for your warm welcome! 

User Stats

270
Posts
91
Votes
Jordan Ray
  • Developer
  • West Palm Beach, FL
91
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270
Posts
Jordan Ray
  • Developer
  • West Palm Beach, FL
Replied

@Mark Wright Of course! Do you do commercial lending? I see you focus on investments.