All Forum Posts by: Jason Riddle

Purchasing my first property seems pretty stressful. Right now my major stressor is I'm unemployed, which makes it harder to get a mortgage. How hard and risky would it be to get a hard money loan even if I find the most amazing deal?

Hi,

I am currently looking into Real Estate Syndications as I'm looking for more passive cash flow. I'd want them to have an office in the Bay Area, so I can drop by and chat.

The following names have popped up in my search.

- Praxis Capital

- Grocapitus

Has anyone worked with either of these? 

If so, can you talk a little about the deals and how they handled a deal that went sour? If you aren't, can you explain who you have worked with? Also, if you have also had a deal that went sour or if there was a capital call or dilution of the original investment.

Would love to also hear about what to expect? How to "run the numbers" for these kind of deals?

Thank you

 

Hi, thank you all!!

I'm reading through all of the posts to see what sounds interesting.

Hello,

My name is Jason and I'm a new real estate investor. I'm having trouble deciding on a market as this is my first purchase. I plan to purchase a MRH in order to Brrrr. I'm familiar with the following areas either be because of college, friends, or family.

- DC/Alexandria, VA
- Blacksburg, VA
- Richmond/Henrico, VA
- Gainesville, FL
- Austin, TX
- San Antonio, TX
- San Francisco, CA (I live here)

I'm willing to look outside those markets, but would love to hear reasons behind that.

Thank you