All Forum Posts by: George Smith

@David Goings hey I know this is an old post but I’m hoping you’re still an active member.

I'm down in Enterprise AL and found a bank owned house that would make a great Flip or BRRR. I don't currently have the capital needed to buy in cash but know I could find the cash if it was under contract. I guess I'm asking how do I get the bank owned property under contract without proof of funds so I can then take the contract and get funding?

Local Bank offering 30 year Reaidential investment loan with 10 year balloon, offering zero down. Good Or Bad ? Looking for opinions or experiences with similar loans. Thanks and God Bless

@Austin Montgomery, Hey I’m new to the area and would like to link up with local investors are the meetings scheduled or impromptu?

@Rob Beene

Hi,

New to the area and would like to attend these. When is the next meet up?

Thank you all for the responses. Everything has been helpful and enlightening. 

I am currently working on getting new pictures, staging, and listing the property for rent (6mo lease) through the winter months in Virginia. Again, thanks for the advice and I will be back with results once the flip is complete. 

-George Smith

Hey All,

Long time member but first time poster. Currently active military and used a VA loan to live in and flip a property in Williamsburg, VA. Put a lot of sweat equity into property and had to move away on orders. House has been on market only 81 days so not too long but I'm currently in discussions with local contractors to do a few more flips at my new station and was hoping to roll the equity into these upcoming ventures.

Address is 200 Captain Newport Circle, 23185

Any advice on how to market the property better is much appreciated, not only will it help me here but also in future home sales.

Thanks, George