All Forum Posts by: Brian Price

@Joe Funari thx there was a bigger pockets site that listed BP realtors in every state. I just can’t remember what the address was!

@Henry Lazerow thx there was a bigger pockets site that listed BP realtors in every state. I just can’t remember what the address was!

@Karl McGarvey thx there was a bigger pockets site that listed BP realtors in every state. I just can’t remember what the address was!

I found a property in another state. Is there a sight to go to to find a bigger pockets realtor/investor in that area? Should I be concerned with them stealing the deal?

@Mike Davis yes I would like more information

@Alex Hunt I would like more information.

@Mike Davis

Will do.

@John Clark

No income because my restaurant went under after a hurricane and then Covid. Had to pivot into land developer. Acquired land and getting ready to build 20 units but it will be 10-12 months before I see any money.

@Mike Davis

Panama City Florida

I purchased a duplex last month for $230K cash which is now generating $3,225 before tax and Ins. I also have a townhouse with no mortgage that rents for $1,300/mo. What’s the best way to go about getting more money to invest?

I have no current income and no tax returns for the last 2 years. My primary is worth $320K with a $150K mort. at 6%.

Paying cash was probably not a great idea but I was able to close quick which actually put me in front of other buyers with higher offers. Plus I’m estimating the property is worth $40-$65K more then what I paid.

With the equity in my primary and two investment units with no mortgages, I figured it would be easy to get cash/loan to invest in more properties. I’m just not sure of the best route to take. Also Credit Karma has my scores at 747 and 754, if that matters.

It might be worth mentioning that I sold my commercial property/restaurant last year and I have partnered with a developer. Together we have purchased 5 parcels of land valued at $300K with only $75K of that on a Mortgage. Also there’s $250K dedicated for operating funds. We are in the process of being approved for a $2.5m construction loan.

Thx BP