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All Forum Posts by: Edwin Fisher

Edwin Fisher has started 4 posts and replied 52 times.

Post: New from Chattanooga

Edwin FisherPosted
  • Ooltewah, TN
  • Posts 55
  • Votes 10

I you want to meet local investors and the do some networking, consider Joining our local investment club.

Chattanooga REIA holiday party is Our final meeting of 2015.... a celebration of YOU!

Join us on Thursday, December 10, for our end of the year holiday party.

Bring 2 canned goods and get in FREE!

PM me if you would like more information.

Post: Sub 40k mortgage

Edwin FisherPosted
  • Ooltewah, TN
  • Posts 55
  • Votes 10
I have some luck with local credit unions doing sub 40k loans, another ideas is putting two together under one loan.
I'm in the process of doing a cash out refi on a quad Plex I just finished rehabbing, this will allow me to pay off student loans, my home loan, home Equity line of credit, this will lower my monthly expenses $1600 per month.

Post: New member from Tennessee

Edwin FisherPosted
  • Ooltewah, TN
  • Posts 55
  • Votes 10
If you are based in Tennessee as has been stated, I would recommend going to a local real estate club, consider investing locally first. Why Huston do you drive your truck to Houston on a regular basis? If your not in Huston regularly I would look for something closer to home especially while learning the business.

Post: Chattanooga Investor.

Edwin FisherPosted
  • Ooltewah, TN
  • Posts 55
  • Votes 10
  • Thanks @Luke Holcomb I admire your skills with numbers, and your sense of humor! Life is more  when we are laughing. Talk to Luke Holcomb to learn how to analyze the deal.  Come to think of it Luke you should teach a class😜 Hint Hint.

Post: Chattanooga Investor.

Edwin FisherPosted
  • Ooltewah, TN
  • Posts 55
  • Votes 10
Sherman welcome to BP, We are still doing well with the house we bought from you this summer, hope to work with you more in the future! Edwin

Post: Newbie from Chattanooga, TN

Edwin FisherPosted
  • Ooltewah, TN
  • Posts 55
  • Votes 10
Welcome Candace I live in Ooltewah, I just finished a 150,000 rehab downtown on a quadplex, I am looking for my next project now. I would be happy to meet and share ideas sometime.

Post: Property Radar

Edwin FisherPosted
  • Ooltewah, TN
  • Posts 55
  • Votes 10
For Tennessee check out, CRS data they offer online access to property sale and real-estate mortgage records for Tennessee, Alabama, and North Carolina.
I would like detailed analyzes of small multifamily, duplexes, triples, quads, 8, and 16 units. With accounts of finding analyzing why they decided to buy and what was done to add value. More accounts of start to finish 1031 exchanges with advise on what they would each would do differently next time.
I rented then bought a house in Chattanooga, TN back in 2003. Your job is harder due to the need to displace your landlord, unless you are willing to leave her in place as a renter for a set period of time. anything is negotiable! Make sure the numbers work and compare with with other good options. There is more danger of making an emotional decision due to your love for this properly. don't rush and stick to your criteria for finding a deal. That said it can work Good luck!