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All Forum Posts by: Georgina Graham

Georgina Graham has started 5 posts and replied 8 times.

Post: SBA Loan or similar loan program

Georgina GrahamPosted
  • Posts 8
  • Votes 3

Hi there, 

I own an LLC that was registered in 2021, and I have a strong business credit history. I'm interested in exploring the possibility of obtaining an SBA loan or a similar financial assistance program. Currently, I'm juggling a W2 job that I'm not passionate about and my desire is to transition into full-time self-employment.

Recently, I've been researching businesses for sale on platforms like LoopNet, including options like car washes, laundromats, cleaning services, and senior living care. I'm considering taking out a loan to invest in one of these ventures. Additionally, I've come across some franchise opportunities that have piqued my interest, and I'm contemplating exploring those options as well.

I would greatly appreciate any insights or advice from someone experienced in these matters. 

Thank you.

Georgina Graham 

Post: First time home buyer

Georgina GrahamPosted
  • Posts 8
  • Votes 3

Hi there, 

I have been pre-approved for $350,000 and have looked at few houses and I am in between 3 houses that I like. One is in Spring Lake Park, MN, another is in Andover, MN and the 3rd one is in Shoreview MN. I would like to buy this property as an investment property, live in it for 1-2 years and sell. Which area do you think is the best to buy this property in? Any tips from Minnesota investors who are familiar with the local market would be greatly appreciated. 

Thank you so much!

Georgina Graham 

Hi there, 

I am new to Real Estate investment and am in the process of analyzing a deal. I was wondering if its OK to talk to the property management as well as the broker or I can just work with the broker?

Thank you

Georgina 

Post: Minneapolis BP Meetup!

Georgina GrahamPosted
  • Posts 8
  • Votes 3

Hi there, 

I joined BP just recently and would like to join the next MeetUp. Please let me know. Thanks

Hi there, 

Whats the best way to find the contact details of distressed properties? 

Thank you 

Post: Foreclosure Auction as a newbie

Georgina GrahamPosted
  • Posts 8
  • Votes 3
Quote from @Nick C.:

The auctions aren't a great place for new investors starting out. You could end up with a property that has bad title, liens, 2nd mortgages against it. If you don't know how to navigate these issues, you're better off starting with something safer. 


 Thanks Nick, would wholesaling and mutifamily properties that are less than 5 doors be good places to start?

Post: Foreclosure Auction as a newbie

Georgina GrahamPosted
  • Posts 8
  • Votes 3

Hi there, 

I am new to real estate investment and wondering if anyone here has done real estate auction? What advice would you have for a newbie, pros/cons, whether foreclosure auction is a good place to start my real estate investment journey? 


Thank you in advance for your time and advice! 


Georgina Graham