All Forum Posts by: Derek Dodd

Thanks for the reply. Very helpful. I talked to my investor today and I am putting together a proposal. I'll let you guys know how it goes.

Hey guys, 

I am just starting out buying real estate. I have two buy and holds under my belt and a neighbor of one of the properties came over and said he wanted to sell his house fast. I dont know the price yet, but I want to get private money set up before then. I have a lender who is new to the game of lending. He has a good basic and working knowledge of real estate. I want to come to him with the deal all put together. My question is, how are the loans structured? I am in Washington and will need the loan to be over a year long. I am willing to do 12% and am thinking I will need 100 grand from him. Can you break down the deal and how you would structure it? Thank you for your help.

I love this area, i like restoring these 100 year old home and making the area look better. Do you guys own in the area?

How can I find out when the next meeting is?

Hey guys I am looking at a couple properties in my area and am wondering if there is anyone else in the Lewis county area in Washington state.  Just looking to connect if there is anyone out there. If not i may start a meet up. 

I lost the deal, so far. After months on the market and no offers they had my offer and another one in the same week. In the end the realitor represented both seller and buyer. On to the next one.

Hello all, My name is Derek Dodd from Chehalis WA. Currently in the US Navy. My goals for real estate are to make 2 deals before the end of the year. Trying to make this happen i went to check out a deal and the owner is selling two properties. Both multifamily buildings. The problem I am having is how to structure my offer so that it does not offend them but still meets my bottom line. I would be offering a little more than half on each property. Any suggestions?