All Forum Posts by: Gabriel Alfaro

Hoping to connect with some local investors in the Columbus, OH area as I am wanting to invest in some fix and flip properties. Would also love to connect with some local real estate agents in the area who own some real estate themselves. Thank you in advance and look forward to connecting with you all! Have a great day!

4 Votes

Columbus, Ohio

Hey all, I am looking to connect with some investors from the Orlando area. I want to get started in the RE space and get under the wing of someone more experienced in fix and flips. That’s the strategy in looking to make my niche in.

I own a consulting business. I do have some reserves and can also offer some boots on the ground type work. Just want to be able to bring some value to some more seasoned investor who is willing to show me the ropes. I don’t want any free handouts, I am ready to go to work and learn.

Feel free to contact me through inbox or reply to this thread. Look forward to connecting with others. Thanks!

-Gabe

0 Votes

Orlando, Florida

Anyone have any experience with DREIA or BREIA in South FL? I am looking to connect with some investors in the area and tired of running into the same type of people always trying to sell something. Any Real Estate investors in South Florida please reach out and let's connect. Would love to learn from some of you in the space.

0 Votes

Miami, Florida

Hi everyone! I am looking to connect with local investors in the Miami/Broward area. Want to connect with others wanting to partner on some deals (fix and flips, wholesale, etc) and help me gain knowledge/experience while putting in the sweat equity as well. I do have some financial flexibility with money I am able to invest but overall want to meet and connect with some good people in the industry in order to start and grow my real estate portfolio. Any good meetups that I should attend please feel free to drop info as well.

Thank you in advance.

2 Votes

Miami, Florida

Quote from @Robin Simon:

Quote from @Gabriel Alfaro:

Was wondering if anyone can recommend some good hard money lenders they have had experience working with. Looking to purchase my first fix and flip and looking for 85-90% LTV. Thank you in advance for your help.

I strongly recommend @Jack Tulloch - he specializes in this type of financing and will be in Miami next week and I'm sure glad to talk and potentially set a meeting or lunch!

Would love to sit down and chat with him

0 Votes

Cincinnati, Ohio

Hello everyone,

I realize this may be a little far fetched but I am trying to get into fix and flips in the Cincinnati, OH and surrounding areas and was hoping to possible meet some investors on BP who might be willing to JV with me on some deals. I do not have a ton of capital on hand but I have a great credit score and I am willing to put in all the sweat equity/dirty work that is needed on the deals. I am okay with minimal returns as my goal is to gain as much knowledge and experience from a much more seasoned investor which I know will help me grow my capital slowly but surely. I have currently have one potential deal in place but again I do not have the funding for it. Would love to connect with some experienced investors that are willing to let me partner with them.

Thank you all in advance and look forward to connecting with as many as possible.

0 Votes

Cincinnati, Ohio

Quote from @Michael Kinsella:

Quote from @Gabriel Alfaro:

A few good starting points...

1. BiggerPockets --> Network tab (top nav bar) --> Hard Money Lenders --> Filter by State

2. Google search, "Hard money lenders (insert city name)"

3. Local REIA/real estate investor meetups, where you can network with other investors and potentially some HML reps.

Regarding 85-90% LTV, you may consider reducing your expectations.

Many HMLs max out LTV (more precisely LTARV, or loan-to-after-repair value) at 65-75% LTV.

LTC (loan-to-cost) can often approach 85-90%, but that is a function of your purchase price + renovation cost, not the after-repair value of the property.

Thank you good sir

0 Votes

Cincinnati, Ohio