All Forum Posts by: Brian Halstead

Originally posted by @Matt Devincenzo:

What is 'best investment'? Highest monthly cash return, high potential for value add/equity, low maintenance, low risk? You have the cart before the horse on this one, you start with your objective and then back into an opportunity that fits that. It sounds like you're trying to push investment ideas into the scope of what you are trying to achieve...but you haven't defined what you're trying to achieve beyond reinvesting a 1031.

I had to read this advice several times, and you came across as a bit harsh your cart and horse analogy doesn't apply at all. I am searching for something I have the money to buy. I see value in your comment as you help me to define my needs. I am not worried about equity, as almost all real estate goes up over time. I will say the highest cash return and low maintenance are what I will consider the best investment, and I can manage risk with proper insurance. I know these things, and you assisted me in defining them. 

Originally posted by @Wayne Brooks:

NNN investments like Starbucks, etc are low cap,4-6%, generally. You need to zero in on a particular type of investment.

Appreciate the information, not the kind of returns I am looking for.

I have 1.2 million in 1031 for a client who told me to find the best investment.

I think after I invest this money, I want it to work for us.

Any Net income investment

Commercial property Starbuck or Subways.

or Transitional homes/ Halfway houses pay per beds. (I will rent to a non-profit.)

Does anyone have anything like these available, or can you point me in that direction?

Thanks.

@Andrew Postell Thank for your reply and that makes perfect sense, but I already know

what you explained. I am trying to get investors to think outside of the box including (BRRR) and find downpayment assistance on a great property that has the cash flow to support 100% financing. I know its kinda hard for investors to wrap their minds around but what I am asking is for us to seek a solution and not state the obvious obstacles that we know exist. I mean with the right property this should not be an impossible task. So my question remains, where can investors downpayment assistance be found?

This is an area I believe not often explored and has led many to waste a lot of time waiting to 

refinance or worst waiting for appreciation, while great cash cow deals pass them by weeks after weeks, months after months, years after years.

  What if you can get all the money you need to go on to your next great deal, now? I am not talking about a loan anyone can get hard money on a great deal. I'm talking about bridging that gap how about getting down payment assistance to close that great investment deal you find?

A dream lender to show proof of funds for you and cover earnest money and the remaining 20-30 or even 40% plus the closing cost to close the deal. (GAME OVER)

Has anyone out there find such a lender? Has anyone even think of searching for one? well

I have started my search last week and found some interesting prospects I will share later, but I thought I might put this out there as this cant be an original thought or idea I know there are DPAs for homebuyers but are there any DPA at all for investors?  

Hello, Yes, I have heard of the company and am also trying to do my due diligence on the company.  Did you move forward with the company and have anything to report back?

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Hi, Pros

I have a kind of investment option crisis on what to do and need some input.

I don't want to get paralysis by analysis even though that's, not my personality but I'd hate to rush and fail to get this right. 

I will try the best I can to simplify the problem here there is a lot of moving parts.

I currently have access to one hundred thousand cash to invest conservatively. (Several different sources HELOC, SAVINGS, PERSONAL LOAN.

The options :

HELOC - I presently have this already in place but it will expire in January I can renew but only at a higher interest rate of about

a percent more but if I do it the plus is my equity available will increase by at least 30% and I have the option of choosing a different 

lenders to get the best terms.

PERSONAL LOAN _ I want some advice on where to get a decent rate and longest terms most important longest term,

 the longest I got so far is 7 years that makes for a hefty monthly payment as most of the funds I am using comes from this source, it increases my risk. I was offered 100k at 5% but when I applied the rate went up to 7% I have a credit score above 800 and very strong steady income I feel I should get the best they have to offer so I thinking to shop around some more should I take it or leave it to find

better?

The dilemma :

Option 1) To purchase 4 homes cash and get $600-$700 each month. This will take me 4 to six months. I can do this all

day long, I'm knowledgeable and experience in single-family and property management etc.. 

Option 2) Leverage 100K to buy an 8-12 unit apartment building for 400-500K with an average rent 500-600 per month.

Never done this before been reading books but no experience dealing with the multi-family classified commercial

apartments so my timeline to acquire and build value is unknown.

Which do you guys think is the best choices and why?

I have a little over $250K in my 401k and just finished my Real estate continuing education where

I learned quite a bit about SD IRA.

I am looking for a partnership with someone who has similar funds or more in their 401k or IRA account

and wishes to participate in a mutually beneficial relationship where we buy multifamily apartments

and manage each other property for a fee.

There's is a lot to be discussed but I am sure this can be done legally and the benefits are very substantial.

I am certain I am not the first one to think creatively on using SD-IRA this way and the Bigger pockets community I believe was

formed to make deals like this possible.

Write stronger lease with a guarantee from the hospital to pay more or cover the cost of the building in full if they decide to leave. Also hospital hardly ever pack up and go anywhere and 5,000 people could be 50,000 in 10 years. The other thing I don't like with this deal is your margins seems tight to me unless that's normal for properties in the health industry.