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All Forum Posts by: Kyle Pettit

Kyle Pettit has started 12 posts and replied 22 times.

Post: New investor joining BP from Wenatchee, WA

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

welcome to BP! :)  

Post: Chelan County Investors?

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

Hi @Brian Cohen. I work the chelan/douglas county markets. Investor/Wholesaler/Agent. Hit me up, let me know how I can help. 

Post: Tacoma Market for Buy-and-Hold Investments

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

Hi @Kim Martin

I'm in the Wenatchee market if you ever need any help over here! 

Post: Seeking Lender for Short Term Note. 10% Interest 60%LTV Established Cash Flowing Rental

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

Seeking a private lender for a short (1yr max) term note. Offering 10% Interest Only Term. Collateral is an Established Rental Property of Mine. LTV is 60%. I currently have the property Sold on a Lease Option.

Post: I quit my job today

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

Outstanding!!! Nice work Glenn ;)

Post: Rules on Advertising for Private Lender

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

Thank you all for the great feedback! I found it very helpful. I will dig into some of the references made (and try not to get lost in the process). As always, I appreciate the time you've taken to respond. 

Post: Rules on Advertising for Private Lender

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

Hey @Nick Keesee, the way I interpret what I've read and researched is it should be compliant. Thank you for the input on the Howey Securities test, I will definitely give that a look. Thanks again! 

Post: Rules on Advertising for Private Lender

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

What are the rules for advertising to attract private Lenders. I've attempted contact with 2 different sec attorneys, and I just get the run around. Can I post something along the lines of: "Current investment opportunity available. 10% Return secured with 1st position Mortgage/deed of trust at a Low LTV. Contact me for further details". Thats all I want to know. Thanks! Any knowledgable feedback very much appreciated.

Post: Seeking advice on how to secure private lender for auction purchase

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

Hello everybody, I have a quick question regarding protecting my lender for an auction property purchase.

I have a lender willing to fund an auction purchase for me, however she is on the East Coast and cannot be present during the auction.

How do I set this up so that I can:  1. purchase the property and 2. keep them secured at all times during the process?

Does that make sense? ;) Any input from somebody with experience doing this is very much appreciated! Thanks. 

Post: Attention Rehabbers/Flippers: Tacoma WA SFR wholesale property.

Kyle PettitPosted
  • Residential Real Estate Broker
  • Wenatchee, WA
  • Posts 25
  • Votes 3

ARV: $180-190 Rehab: $50k Price: $80K See postlets ad for details and link to photos.

http://postlets.com/s/1719-s-8th-st-tacoma-wa-98405/11607562

If interested please contact me by email or phone listed in postlets ad for fastest response. Thanks!