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All Forum Posts by: Derrick Craig

Derrick Craig has started 116 posts and replied 927 times.

Post: Portfolio lenders or blanket loans

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Local small community banks will do the deal... You must bring in a nice business plan of what you are looking to do and how you plan on paying off loan portfolio.. It is almost like an interview for a job when go meet with them!!

Good Luck!!

Post: New investor in Denver and Chicago

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Welcome to BP @Rick Fowler

Let me know if you need any help...

Thanks

Derrick

Post: THE THREESOME IN THE HOOD!!!

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Iagree with @James Wise

@Chaz Reid

Drive by and check out the neighborhood as well, maybe playgrounds, schools, stores etc will make it more desirable when you look to market it to potential renters. The cost of the repairs is what scars me though, I wish I stayed there with my team I would be all over that deal today and if the numbers came out to my favor I would pull the trigger and offer $7k-$8k first to see if they will come down on price even more because they sound Motivated!!!

I just did that yesterday on 2 Brick homes here....

Post: New Investor in San Antonio, Texas

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Welcome to BP Amy!!

Post: New member in the Inland Empire (So Cal)

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Welcome to the site @Matt Sauls

BP has a ton of tools to help you impeded in the site and a wealth of knowledge from all the investors on the site.. Everyone is willing to help at any time!!

Post: Tenant Applicants say the dumbest things

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

I urge them to have renters insurance as well but it is not a requirement with my leases either.

Post: New from central coast California

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Welcome to BP!!

Post: Newer Member In Las Vegas

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Welcome to BP!!

Post: NEW TO REAL ESTAE INVESTING - WHOLESALE/FLIP PROPERTIES LAS VEGAS

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Welcome to BP!!

Post: New Member in Seattle

Derrick Craig
Posted
  • Memphis, TN
  • Posts 969
  • Votes 524

Welcome to BP!!