All Forum Posts by: Peter Schuyler

If the ARV's are off, rehab estimates too low, high down payment terms, and double up on closing, I'm new to this, so this might be a dump question, but what value are they bringing, the search aspect of a deal that is not under MLS (retail)??

Can you email a flyer/package to [email protected]?

Pete

@Ben 

@Ben H. Are you considering any offers for owner financing for your townhouse.  Which neighborhood is the townhouse in.

Pete from Prosper.

@Paul Rodriguez, what do you advise newcomers do once they have their first deal, out of capital for the next one (down payment).  I know many have said, no down works, etc, but I was curious how people deal with the zero dollar issue on the second and third, etc.

Any duplexes in the portfolio?

I jumped in on a deal, 6 percent cap rate, 5% CoCROI, not excellent, but broke the fear of doing this on a new duplex, so no capex for a few years.  Im sure I could have done better, but Im still learning and willing to admit I did not get a first killr deal, but it cash flows and will allow me to learn more about PM.

Welcome, I'm an IT Professional who just started doing this business in my spare time, and closing on my first Duplex Dec 15, so brand new to the world of investing also.  Good luck with next steps.

Pete

James, if you find some interesting projects or deals in East Texas, I might be interested, I invested in North Texas Duplex and looking to branch outside DFW Metroplex.

Joe Robinett at www.JOEROBINETT.com worked out really well for me in the Dallas Area, he is very up front with his information, and easy to work with.