All Forum Posts by: Jesse Nguyen

Welcome to The Riverfront Mastermind – the ultimate real estate meet-up where passionate investors gather to network, explore cutting-edge investment strategies, and eat good food. This exclusive event creates an enriching environment for real estate professionals, both seasoned and aspiring, to forge valuable connections, share knowledge, and elevate their investment game.
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Welcome to The Riverfront Mastermind – the ultimate real estate meet-up where passionate investors gather to network, explore cutting-edge investment strategies, and eat good food. This exclusive event creates an enriching environment for real estate professionals, both seasoned and aspiring, to forge valuable connections, share knowledge, and elevate their investment game.

Admission is free! 

Click here to pre-register!

@Andrew Postell We're not getting loans on these properties because they're distressed properties from distressed sellers and 8 times out of 10 would not qualify. Plus, you can get a better price if you could close in 1-3 weeks with cash.

Hello there everyone!

My name is Jesse and I'm a real estate investor and I'm doing a partnership with a friend in St. Louis who worked as a wholesaler for the last two years and now we're transitioning into the buy and hold game. My partner is finding extremely juicy deals with 35-50% equity capture after renovations but, we keep having to turn these properties away because we can't get our private financing in line quick enough. The deal flow is there but the private capital flow isn't quite there yet.

Do you guys have any tips on raising private capital? I've had about 10 meetings with friends that have known me for about 1-2 years over these last 2 weeks and I believe only 2 of them have expressed interest in investing in those STL projects as private money lenders.

My partner and I current have 7 units in our portfolio and we're looking to expand our portfolio to 150 units in 2020 but, to do this, we need to raise about $5 million.

I'm interested in investing in the St. Louis area. I'll be visiting the area during the 2nd week of February and I want to spend the week learning about the market. Can somebody who's currently investing in this area connect with me to chat a little more about your experience with working in this area?

Best,

Jesse

Hi, I'm an agent in Northern Delaware and I noticed a lot of successful agents whom are investors thenselves and work with other investors are able to get deals from bankers before they hit the MLS. Do you guys have any advice to offer on networking in order to get these connections?

Hi everyone, I'm interested in a live-in flip, but I hear about many concerns of it being extremely dusty and probably very uncomfortable to live in during renovations. My question is: is there anything against bringing an air mattress and suitcase to lodge at the property about 4 days a week and live at my parent's place for the other 3 days while my house is being rehabbed? My issue is bringing too many belongings and creating a huge problem for myself in terms of dust being everywhere. Btw, I plan to get a FHA203 loan for this project.

Can I get an FHA loan with the 3.5% down on a triplex that's 20 minutes away from my home and mark that as my primary residence to get the loan while I live with my parents at my current home and work on the other units to get them rent ready?