All Forum Posts by: Charles Smith

@Ryan Blake yeah here in Illinois most of them are in Chicago which is 4hrs away... I may have some luck looking in Missouri which is another state but only 20mins away... either way I have to figure it out .... thanks again for the info!

@Ryan Blake priceless information.... now I just need to find some lenders

Thanks for the great advice Ryan, I have experience in real estate but none with hard money lenders... I’ve been financing everything on my own up until this point... I guess I just need to vet the terms I’m presented with..... thanks again 

I found a 21k foreclosure that needs 10k with an ARV over a 100k.... how do I attempt to structure a win win with a hard money lender??? Any help is greatly appreciated

i would ask for a larger down payment if you sell for less than asking.... i think thats only reasonable

Looks like the stl conversation is really picking up! Sorry for my absence my rehab and refinance was a little intense! But I'm back ready to network educate and inspire myself and other full force!!!

im trying to get into that myself. If it was me.... Try to think of the investors perspective. They want a deal!  Find the value of the property first.... Investors want to get in around 70% discount to and tree commission whatever that is.... Then you should have a ball park amount that should be a good starting point

Hey any life in this stl conversation? its been years apparently

BP provides me a vehicle to educate myself in a community of like minded individuals.

i jus subleased my town house in a railroad town. The train take some getting use to and will be an issue. with that said ill come down to the deal to see how much you will be able to cash flow, is it a great school district? cool parks near by? If its a great deal it will work... just have to market its differently. Also compare your comps in that area price wise, dont short change yourself just because. Id scacrifice hearing trains for a great school district ...ect... any day.