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Updated over 4 years ago on . Most recent reply

User Stats

43
Posts
9
Votes
Ryan Sweeney
  • Investor
  • Austin, TX
9
Votes |
43
Posts

San Antonio Private Lending and relationship building

Ryan Sweeney
  • Investor
  • Austin, TX
Posted

New to real estate and learning through passive investments with my self directed IRA.

I am interested in meeting new people, building relationships, learning and assessing possible investments as a private investor. My focus is relationship dependent, but prefer straight loans for flips or partnerships for single family and smaller multi family homes.

I would like to learn the ins and outs of the market, and potentially tax liens and auction processes in return for supporting projects financially and physically where I can.

Thank you and happy connecting!

Ryan

Most Popular Reply

User Stats

2,871
Posts
2,501
Votes
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
2,501
Votes |
2,871
Posts
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

Every wacko on this forum is going to want to be your best friend. Oh and by the way, "Can you lend me a bazillion dollars too??" (is what they are going to ask you)

I would figure out what you want to do first. I saw some of your recent posts and you are kinda all over the map. Talk with family first(wife and any parents or aunts and uncles). Do you want to do flips, rentals, wholesale or do you want to strictly lend??

Go to some of the meetings, now they are all online. Meet one or two people from each meeting and take them to lunch or just have a sit down with them and talk about your plans. They can help a little with your vision. After you have heard from several people, start on your quest.

I would wait for all the LLCs an C-corps and partnerships until you have done a few deals. OR at least until you know what you want to do.

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