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All Forum Posts by: Brett McCurdy

Brett McCurdy has started 6 posts and replied 73 times.

Post: Am I missing something?

Brett McCurdy
Posted
  • Real Estate Broker
  • Kensington, MD
  • Posts 84
  • Votes 16

I guess I should've elaborated.  I'm specifically referring to buy and holds.  This site is huge so I should keep searching but I thought maybe id get someone to point me in the right direction as to the forum and posting that's related. Thanks!

Post: Am I missing something?

Brett McCurdy
Posted
  • Real Estate Broker
  • Kensington, MD
  • Posts 84
  • Votes 16

BP,

I understand everyone's goals are different (as they should be) and customized towards what they are trying to accomplish but why are so many people ignoring the other aspects of yield in RE investing and only focused on the popular cash-flow aspect?  Again, I am not saying that there aren't others structuring their investments differently but WHERE ARE THEY?

Thanks,

Brett 

Post: How to find Creative Lenders with Neg. cash flow investments

Brett McCurdy
Posted
  • Real Estate Broker
  • Kensington, MD
  • Posts 84
  • Votes 16

I wanted to pose this question to find out if anyone has experience finding creative lenders for unique investment deals where the aspect of cash flow is NOT part of the equation.   Without going into the details of HOW these particular deals are structured does anyone have any advice on who to approach after having difficulties (only in last 5 years or so did this get very tough) with lenders previously used (before Dodd Frank).  These are good deals for all parties but since they don't necessarily look good on a cash flow point of view it scares the underwriters.  I read in another forum about someone putting together a very lengthy packet to answer all the questions for the bank as soon as you meet but this seem a bit obvious.  How do explain to lenders that a creative deal can be a sure-thing when it doesn't meet their "sketched in stone checklist"?

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