All Forum Posts by: Dee Xixi

Rob and Stan,
Obviously I would not lead him blindly to a bad situation. I understand that is a delicate situation specially he would need the money for next year.

Yes, Tom. Normally W&W or any auction company. You better make sure that you do your hw and get you financing ready because they leave you no room for backing out. Regarding the other thread you mention, I was able to back out of the deal w/o loosing my EM but I wont discuss the details.

Hi Zachary,
Welcome!!!!!
I invest in New Bedford.

I have a coworker that have 40k in bank to buy his first home next year. The other day I was telling him about investing with me which he opens to. Therefore I am looking for advice on how to present him the investment opportunity. I have a 4plex that I put an offer for 185k. I figure to use his cash for downpayment. I have 10k that I can bring along just for any unexpected circumtances.

Goal buy and hold
income: $2100 ( incl 7% vacancy rate)
expenses: PITI------- $1200Please help me on structuring the offer to him. Thanks

Bryant,
Normally for what purpose you talk to the personnel at the bank? LOC-conventional financing?
To be sure what are the documents to have for the meetings?

Thanks

Josh, I wanted to bring to your attentation but was affraid to. Is there a possibility that we can have a mobile version of the site. At least for me it is very hard to read and respond to /blogsthreads via a blackberry. Just a suggestion, beggards cant be choosers.

Bryan,
I have called and emailed couple credits to set up an one-one meeting with their vps but the first thing they ask me do I have a resume and/or business plan. My feeling they wont bother schedule a meeting with a stranger with out knowing much of the person, am I right?

Hi Kendall,
I am planning to send the resume with a business plan to local credit union and few targeted investors in order to raise capital for my real estate venture.
Any critiques or suggestions on the resume

XXXXXXXX Name XXXXXXXXXXXXXXX

XXXXXX Address and emailXXXXXXX

Career Focus:
Real Estate Investing, Note Buying & Community Development

Summary of Qualification:

A determined results-driven Real Estate investor. For the past 7 years, I have been involved in the real estate lending and a former loan officer for National Lending Corporation. Currently investment, buying, and selling properties in the New Bedford area. Managed several apartment buildings for absentee owners in the Brookline area.

Goal:

• To acquire and rehabilitate apartment complexes to green efficient rentals as long-term assets properties to build passive income.
• To have a financially sound portfolio of 15 income producing rentals properties of 6 units or higher in the greater of Boston area.
• To promote through Caribbean Integration Community Development (CICD) a diverse and economically balanced community by bridging the gap of migratory challenges facing Caribbean newcomers

Areas Of Expertise Include:
Property Management-Short Sale-Probate-Absentee owners

Education
University of Massachusetts Dartmouth North Dartmouth, MA
Bachelor of Science in Computer Science May 2006

Professional Experience

Corporate Experience

Partners HealthCare at Dana Farber Cancer Institute 2006- present

Desktop Support Analyst

• Led the technology innovation team called the “PC Refresh Program†for Dana Farber. From 2008-2010, successfully replaced over 2,000 computers to newer equipment.
• Led the opening project for the installation and setup of over 350 computer devices and peripherals for the opening of the South Shore Cancer Center.
• Managed all the technical aspect of “The Blade Personal Computer†a pilot trial which is an alternative to traditional PCs, maximizing the end user’s experience.
• Implemented new database tracking system to evaluate current computer equipment inventory.
• Developed new customer relationships and provide day-to- day support for existing end users.

Entrepreneurial Experience

Apanou Management, LLC

Own, operate, and manage a Real Estate business in the Waltham area. Responsible for all aspects of business operations including: customer service, Real Estate acquisition, marketing, administration and finance. As a property manager, I supervised and maintained the ongoing upkeep of 2 residential units and 7 commercial properties. I interacted daily with tenants and contractors.

Key Strengths, Skills, Abilities

• Fluently trilingual in English, Creole, and French (oral and written)
• Strong team leader in a customer service environment
• Proven ability to manage in a multi-tasking environment
• Highly organized with superior problem-solving and analytical abilities
• Served as Coordinator for the Haitian American Student Association at UMass Dartmouth 2003-2006

References available upon request

Bryan why do you want 30 years amortization. Dont you want to finish to pay quicker and save on APR.