All Forum Posts by: Dan Kim

@Chris Seveney Thanks Chris! I thought so too, at least from what I'm finding out. 

Hello BP,

Are there business credit cards that don't require a personal guarantee? It seems most, if not all, do require it unless you're looking for a corporate business card. Thanks in advance!

Hi Ozzy,

Yes, the apartment will need renovation. We have everything lined up for that. Thanks for asking!

Hello! My name is Dan and I am constantly looking to network and connect. One of my primary focuses right now is to share current deals I have with potential equity partners. If you'd like more info, please message me and I can provide more details!

Some info to start on deals currently being worked on...

- My partner and I are taking on limited partners on a multi unit apartment in Maryland. We would provide a 16% return on equity upon the sale or refinance of the project. Looking for up to $100k and up to 9 month hold.

- Fix and flip: SFH, 5/2, Maryland, ARV $450,000/RENO $80,000/PURCHASE $280,500. We are providing 12% return on equity upon the sale of this project

Hello BP community!

My partner and I are taking on limited partners on a multi unit apartment.  We would provide a 16% return on equity upon the sale or refinance of the project. Looking for up to $100k and up to 9 month hold.

If you are seriously interested, please message me for further details on this opportunity. 

Best regards,

Dan

@John O'Leary Will do! Thank you John.

@John O'Leary Thanks John! I've been looking at Investorlift and Marketprodeals. Can't say I'm finding great deals through them yet. But maybe I can connect with individual wholesalers there as I'm looking for properties before they go on blast. 

Hi! My name is Dan and for the past 2 months, I have been searching for my first fix and flip opportunity. I'd gladly appreciate any connections to wholesalers who could work with me. My buy box consists of a 2 bed/2 bath minimum property within 30 miles of Columbia, MD. Thank you for your time and look forward to connecting. 

Hello! I am looking for a fixer upper in the area. Please message me if you have a property I can consider for a fix and flip. Thank you very much!

I have a fix and flip deal in Columbia that looks great and I am looking for an investing partner. If there is a lender that can act as a private lender, I can partner in two ways: 

1) 50/50 profit split where I will bring the deal ("sweat" equity) and investing partner brings 100% of the funds. As described in an LOI, that investing partner would recover 100% of their investment at closing, and we split the profits 50/50, or

2) I will apply for a HML and that investing partner cover the 20% down payment + holding/closing costs, and I will provide a 12% annualized return on their investment.

If this looks of interest to you, please let me know! I have the analysis breakdown of the property in question and can discuss further for those seriously interested.

Basic info for now:

Purchase price: $450,000

Reno: $80,000

ARV: $655,000