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All Forum Posts by: Doug Bainbridge

Doug Bainbridge has started 1 posts and replied 11 times.

Post: 13 Rules to Vetting Private Money Lenders

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you for posting this @Herndon Davis. I originate reverse mortgages since about 2007, and I need an orientation to how to work with lenders that are not as regulated as I am.

Post: New to the world need advice.

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you Katie Miller for providing the link to Dave Meyer's presentation, and Thank you Shawn Slaven for posting this, and everyone who provided input. Have a great weekend.

Post: Getting started is the most important part

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you for sharing this. I am looking for inspiration and this is helpful. Have an excellent Day, Doug

Post: Why Visualization is the Foundation for Successful Investors

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you for sharing this information. I am working to find that One Thing to begin with. Checking out your website. Have a great day

Post: 1st Investment purchase to get off the Fence! and it worked!

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you for sharing your story. Congratulations!

Post: Finally, I have closed on my very first real estate investment!

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you for reporting this. I need inspiration and you provided it and I will think of it as I pursue my first investment transaction. Learning every day

Post: Investing at a young age

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

I am in Colorado and am very new to investing, but have been involved in the mortgage business for many years. My suggestion is to practice running the numbers, use the BP calculators, and become as familiar as much as you can in order to be ready to confidently answer the question, "is this a good deal?" Congratulations on saving and working to build credit.

Post: Advie on selecting which mortgage broker or lender to use

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Hello Keleisha,

I am new to the processes involved with investing, but I have been closing reverse mortgages for a broker since 2007 with the same company. In my experience, you will want to be comfortable working with the lender so, for example, I would search until you find the lender that takes the time to explain things until you both clearly are on the same page and you are not overwhelmed. At the moment I feel overwhelmed with the investor category of things, and I am just starting to introduce myself mainly to newer persons to get used to how to interact regarding these subjects and like I mention above, I will no doubt proceed with persons with whom I am most comfortable. Especially with our return customers, I find that we are often told that they choose to do business with us because they feel comfortable with how patient we are when setting their expectations.

Hoping this is useful information,

Doug

Post: New to REI Introduction

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you for this and similar entries Tim and thank you for instigating this discussion Mark. I am new as well I am glad to learn about the groups to check out.

Have a great day,

Doug

Post: [Calc Review] Help me analyze this deal

Doug Bainbridge
Pro Member
Posted
  • New to Real Estate
  • Milliken, CO
  • Posts 12
  • Votes 2

Thank you for your input Jaysen. I will look at this closer with that in mind. Have an excellent weekend, Doug