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All Forum Posts by: David Acra

David Acra has started 2 posts and replied 4 times.

Post: Building a relationship with a lender

David AcraPosted
  • Jacksonville, FL
  • Posts 4
  • Votes 4
Chris, My goal for my first property is 20-50 units. B or C class in the Jacksonville area. I would like some value add opportunity but through cosmetic improvements not structural. Jorge, I have an initial list of local banks and once I do a little more due diligence I will definitely share with you when I thin the herd. Bob, That, my friend, is great. I really appreciate the sharing. I just want to make sure I present myself as someone who should be taken seriously and was looking for advice on how to best approach someone and begin that relationship! Thank you everyone and any more additional insights are welcome. I will also follow up with my success - or missteps - along the way!

Post: Building a relationship with a lender

David AcraPosted
  • Jacksonville, FL
  • Posts 4
  • Votes 4
Allan, Thanks for the response! I am looking at buy and hold for multi family.

Post: Building a relationship with a lender

David AcraPosted
  • Jacksonville, FL
  • Posts 4
  • Votes 4
Good day BP! I'm am starting to build my work team and wanted to see what success folks have had with establishing credibility with a lender. I have capital to back up my investment but know that is not enough. Since I have not closed my first deal I am looking for some guidance as to how to begin the conversation. I have identified a list of local banks in Jacksonville, FL area but I need to know what I should expect when I meet with them. I understand first impressions are lasting impressions! What I should prepare? - net worth sheet (definitely) - mock deal? - any other ideas Thank you and I appreciate any feedback

Post: Accidental Property Owner - Central Florida

David AcraPosted
  • Jacksonville, FL
  • Posts 4
  • Votes 4

Good day! I've been following BP for awhile now and as luck should have it I inherited some property in Apopka this past week! It's a sad situation, but the silver lining is it forces me into this lifestyle they call real estate investing.

I will be on here a lot more now and look forward to connecting with many of you.

I'm new to this game, and hope that you can help me with a few things:

1. GC's in North Orlando

2. Investor friendly realtors

3. How to be a good (and profitable) landlord

4. And good vibes

Thanks,

David