All Forum Posts by: Jared Brown

I'm seeking lending using pledge assets (Broker Account)... The good, bad and Ugly???

Thanks for your response Michael. Yes, my SFH was a foreclosure that had good margins.

When I stated "Use my own money" I was questioning if I should cash out refi my SFH. Or use out of pocket funds. Thoughts?

 Can you also elaborate on the use of private capital? How would you suggest one go about securing this level of support. It’s my belief that the 4-Plex that’s on my radar is low risk high return. The four Plex is located Near a college that has maintained a 90% occupancy rate over the last several years. This would be a buy-and-hold strategy in my opinion. 

My goal is to build my LLC so that it is profitable and self-sustaining, something that will allow me to grow my portfolio.

I recently found some Interesting opportunities in West Virginia. I purchased a  Single family home, renovated, and currently positive cash flow $700 a month. Post renovation appraisal will  net approximately 65K.   I found a multifamily 4 plex that I’m interested in acquiring. My question is, what is the best approach to acquire this opportunity? Should I refi and cash out? Or seek other means such as partnering with another investor or utilizing my own cash to obtain to this property. I would rather not use my own cash.