All Forum Posts by: Ian Pearson

Hi Mike,

There's also the East Coast Real Estate Investors Association. You can view their website to see when they meet. I'm planning my first visit next month.

Hey!

My name is Ian and I'm a budding real estate investor looking for private money lenders to partner with on a multi-family real estate property located in upstate New York. 

If you're a private money lender looking to partner with a hard-working real estate investor, then you're in the right place! I'm looking for partners to help invest in and close on a multi-family real estate deal, located in upstate New York. 

If you're ready to take advantage of an opportunity as you sit back and let your wealth grow, I'm ready and able to meet in person or conference call via Skype, or a program of your choosing to walk you through the numbers and prove how your investment will be... 

1. Secured and ready to go to work to produce a return on investment!
2. Under the guidance of a growing team overseeing the deal!
3. Used to increase the value of the deal and produce more cash flow for you!
4. A smart safe investment ready to ride the wave of the ups and downs of the market!

Our small (but growing) team is looking to raise capital and close fast in order to put this investment to work! Reach out now and not only grow your wealth but create a long lasting relationship that will look out for your best interest!

Just marking an update here. I have a range of interest rates for the financing depending on the type of loan I get. I'm now looking to partner with someone who will bring their net worth to the table and sign on the loan with me. So my goal right now is to find that partner, give them the perfect pitch on why they're investment will be solid and go from there. 

I've reached out to one investor I know who wants to discuss further and will be speaking with another tonight. Once I partner with someone / raise the capital for a down payment, I feel I will have overcome a big hurdle in acquiring my first deal! 

Thanks for the reply, Brian! I'm making this a priority now. After securing financing, I'm guessing I should pursue working with an attorney and securing investment funds for the downpayment simultaneously, and then contact the real estate broker selling the property?

Regards,

Hey BiggerPocket Community!

My name is Ian and I've learned a lot from here and other resources. I recently spent lots of time doing the math of different properties (which I find fun) and I believe I found one I want to pursue to get to the close! That said, as a first timer, I'm wondering what's the first step I should take in acquiring the deal. I emailed an investor and the East Coast Real Estate Investors Association (no word back from any just yet) so that I can raise the funds to get the money down. I also have a business in mind I'm planning to get the financing from, but I haven't reached out to them yet. 

I would love if I can get some words of wisdom on what I should prioritize doing first. Should I find a real estate attorney first? Should I contact the broker even though I haven't raised the money yet? Should I focus on securing the down payment from Investors first? Should I get the financing first? 

Thanks in advance for taking the time to read this and help!