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All Forum Posts by: Jeremy Hunter

Jeremy Hunter has started 9 posts and replied 169 times.

Post: INVESTOR ALERT: SELLER LIQUIDATION, MUST SELL MULTIPLE CONTRACTS

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Hey Ricky,

Is there any multi family or self storage that you are letting go?

Post: Off-Market 60 unit Apartment with 8.4% Cap Rate Near Dallas

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Hey I am very interested to seeing if this meets my firms criteria.  Could you email me the particulars please?  Thank you !

Post: 10 Unit Multi Family near USF in Tampa $457,000

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Hey Devon, Very intersted please email good time to contact and any and all info on property to [email protected]. Thanks!

Post: Off-market 25 Unit Mixed Use Los Angeles $1.9M

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Hey Bill,  is this deal still open ? If it is i am open to discussing some thing. Thanks!

Post: 269 Non Performing Mortgages - 58 MM Value

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

I would be happy to look at them as well PM when you can! Thank you!

Post: Best way for newbie to get financing?

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Hey Sean,

Welcome to BP! First consider Joint Ventures where the money would be more private than financed. Second, HML or Hard Money Lenders will require alot up front but are heavy in the rehab scene and if they are more asset based will lend on the strengths of the deal. Interest and points are going to be high on those loans. A financial institution may have short term loans but are going to have some pretty strict guidelines and unless you have a good relationship with the loan manager at the financial institution probably is not going to be the best option for you.

Of course if you could leverage a personal or business Line of Credit to supplement your cash that could help you out with out actually having to get a loan from a bank to rehab and wholesale. And LInes of Credit have simple interest so in the end could and should work out pretty well for you. I also know that there are transnational lenders out there that can help you wholesale depending on the laws in the state you are wholesaling in. For wholesaling I would recommend you look into transnational lenders but be wary of how they work and what you are doing so that way you can make the profits you would like by using them.  

There are many folks on this site that can be those private investors for you in doing deals just remember to treat their money as sacred and that the returns expected are returned. 

Good Hunting and Happy Investing!!

Post: Just got Preapproved! $700k quadplex in MA

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Congrats on the quad! Start getting things into place for the next deal!

Post: LLCs, General Structure

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Your going to want to think tax structure and asset protection. Series LLC should be mentioned for consideration because it has probably what is closer to your ideal. But please talk to legal person who is going to set this up for you that is going to know your local laws the best and how to structure it the best for you accordingly.

So your main entity is going to be what you introduce yourself as being apart of - "hi my name is --- from principal investments.... " that is where you make your offers through,  the capital goes through and the main company. Then when a property is purchased you put its own llc tied to "principal investments. "

Of course I am sure you have looked into this and know there are some draw backs, so learn some more so your decision is that much easier. 

Post: Any recommendations for an REO Agent?

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Try Elton Behrens Website www.caihomes.com

Post: What is the best ways to find wholesalers? and good realtor

Jeremy HunterPosted
  • Real Estate Agent
  • Rock Hill, SC
  • Posts 189
  • Votes 53

Hey Jeremy,

One of the best ways to find wholesalers is go to a REIA meeting and ask around here on BP for other investors. Many investors who specialize in one strategy do get deals that they are willing to pass along to those they know who work other strategies. There are also companies like Realitypath that will help you on foreclosures and there are other companies that specialize in helping with generating lists to do mailers like ListSource. Work with someone who has the time to possibly drive for dollars. You could find someone on criagslist to help you do that as well. Networking is the best way to be able to agents that are investor friendly.

Hope that helps!