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All Forum Posts by: James B.

James B. has started 9 posts and replied 143 times.

Post: Flock Homes - 721 Exchange

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Carlos Ptriawan hey, any updates on how your 721 is performing?

Thanks

Post: Using Hometap to start investing

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Loraine Burger

Hi, do you partner on non-owner occupied rental properties?

Post: Lender in Memphis- sub $100k mortgage

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Erik Estrada

Thanks- do you have any recommendations?

Post: Lender in Memphis- sub $100k mortgage

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Dave Skow

Thanks Dave- I should have specified that we’re past the number of Fannie Mae loans, too.

Do you know of a lender that does these types of loans?

Post: Lender in Memphis- sub $100k mortgage

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Devin Ryan

Thanks- do you lend past the Fannie Mae limits?

Post: Lender in Memphis- sub $100k mortgage

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Reid Chauvin thanks- I’ll PM you!

Post: Lender in Memphis- sub $100k mortgage

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

Hello, can anyone recommend a lender in Memphis that funds long term, fixed rate mortgages on sub $100,000 properties?

Thanks!

Post: 18y/o starting out. How would I start off as an investor?

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Tyler C.

Join the military to get some life experience while you travel and save up some money. And a VA loan.

Post: Being patient in this market

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Brian Ellis

I know what you mean by being impatient.

I’m probably 15 years older than you and I’m impatient, too!

Yes, the last 100 sellers I’ve talked to all want full retail, I’ll just stay in touch with them and see how they do as the market drops.

Like @Joe Villeneuve says- deals are out there. If any seller raises their hand, I’m now getting creative to see how I can best solve their problems.

Stay steady my friend!

Post: Learning about WHOLESALING

James B.
Pro Member
Posted
  • Investor
  • Monterey Area, CA
  • Posts 150
  • Votes 81

@Angelina R martinez @Jay Hinrichs @James Heller

Hi Angelina, wholesaling is one facet of real estate investing.

I’m now actively wholesaling after acquiring a portfolio of buy and hold rentals.

Wholesaling is not easy, you’ll have to talk to many, many people. But, if you can source discounted properties by helping to solve a seller’s problems, you can be successful.

Good luck! 🍀