All Forum Posts by: Brian Truman

Hi @William Isa, 

I saw that no one else has responded to your post, so I hope you do not mind if I do....

Disclaimer..... I have done many land deals in Seattle, but NOTHING like what you are talking about..... What you are talking about is where I want to be, though....

With that, here is my humble opinion: I think it would be beneficial to partner with private investors. I have no idea if this is up his alley, but @Account Closed might be a good person for you to connect with. This sounds like a project that he and his company might be interested in.....

I have one investor that I have sold infill and other vacant land to that might also be interested. Can you give a few more details? I will PM you so we can exchange contact info if you would like to pursue this further. Cheers, William!

Brian Truman

@Christie Gahan, 

Thank you! I have heard of them as a hard money lender, that is a great place to start. Cheers!

Hi BP! I am a Seattle/Tacoma area wholesaler looking to find some transactional lenders to work with in a double closing situation. Has anyone done this in the Seattle/Tacoma are recently? Thank you all in advance! Cheers!

Hi @Jessey Kwong, 

Many of the people you will find on BP have an abundance mindset.... like many of the posts put out here.... a lot of us get the opportunity to work with each other.... those that step out of line would have to face this community... Sometimes peer pressure is a good thing.....

I wish you well in your real estate endeavor! 

Hi @Maceo Lewis and @Lester Mungro, 

I just sent you both colleague requests. Lets keep in touch! 

Hi @Lester Mungro, 

I don't know if you got my previous message, but I am a vet as well. Veterans and active duty are near and dear to my heart. When you get a moment, we should connect. I am a licensed broker, done wholesaling, and am currently working on flips. Cheers. 

Hi @Shayna Burns, 

I don't expect them to approach me.... I go get THEM! If I were you, I would be going to local meet ups (meetup.com is great for this....) Bring lots of cards, put yourself out there.... be bold. Get to know your local wholesalers...and ask if you can see any deals they might have. Look up on the, MLS, who are the buyers that are buying flips, then reach out to them.... see if you can hold open their house when it comes on the market.... If they are out there doing it... those are the ones you want to meet. Just be honest with them, and tell them you are just trying to break into this part of the REI world.... they are usually willing to talk with anyone with a teachable personality.

If you meet them at an even, I would qualify them with asking them how many properties do they "do" a year. Then ask if I could get some addresses to look at, and do a drive by to see if they look good. You should be able to verify that they were the owners of record via tax assessors site, or LLC look up, if owned through that entity.

You GOT this, Shayna.... go get your investors.... be doing the things that others are not....

Hi @Devin Mann, 

That sounds like a great way to build capital slowly but surely.... if that is what you can do.... I'd do that. Once you sell that and add more capital, you can go after the next price point of properties. 

Welcome @Lance Young!

Wow, brother.... I feel you. The first question I have is.... how many cash buyers do you have on your list? Second, have you tried going onto CL to talk to the people advertising their rentals there to see if you can get any of them as cash buyers? Land lords looking to increase their portfolio are a great resource for higher paying cash buyers.... Just my two cents, for what its worth....Best of luck. 

Welcome @Grant Ancelet!

Congrats are in order. Be sure to put some photos up to show us how the rehab went. Cheers!