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All Forum Posts by: Kent Peterson

Kent Peterson has started 2 posts and replied 3 times.

I am new to this and trying to make my first step in this. Right now I'm interested in duplex properties and flip houses. I love the idea of some steady cash flow right now to get me going so I can start saving for my next property but right now, I can't seem to find enough money to start out. The Omaha metro area just seems to keep growing and growing all directions. I've lived here my whole life and love it here. I am looking for investors, In-state or out of state, that would like to branch out to Omaha and the surrounding areas. Also, to the Investors out here in Nebraska, are there Investor meet-ups around town at all or how does work to meet with investors? Is it better to do it online, for example thru Bigger Pockets? Thanks!

Good to know.  Thank you for the advice @Frank Hinck!

I am new at this and am willing to learn... I own a vending machine business(LLC) with my parents and we also, own a warehouse for the business as well and it is completely paid off. (roughly 100k warehouse) .... is there a way to take a commercial loan out (since we own the building) and use that money towards my first property purchase, including the rehab and closing costs...etc and how does that work?

I had heard something about a commercial loan on a podcast I was listening to on Bigger Pockets and had my brain turning....cause I am struggling on getting my hands on hard money this way before I start talking to actual investors.....thanks for the help!