All Forum Posts by: John Geldert

Great job @John Hickeyand congrats on your first fix and flip! May I ask what is the number 1 thing you learned was?

@Minghao Shao

I currently own two properties in Pocono Lake Pa, one is a full time rental that has been occupied by 3 different families for more 7 years now. They other is a vacation/short term rental home, they are both in amenity filled developments which makes them desirable. PM me if would like more specific info.

Hello @Mack Frankel, we currently are searching for distressed properties to rehab and flip, also look to add a few buy and hold properties to our portfolio. I will send you my email address so you can send me any listings you may come across. Thanks for reaching out.

Attention all wholesalers, lock up a deal and give me a call! We have cash on hand and can close fast!

Hello fellow investors, I have $400k to purchase and rehab a property, somewhere between Queens and Suffolk border preferably on the north end. I can close quick with all cash. Please send me any deals you may come across. Thanks

looking for SFR's in the Nassau/Queens region of Ny. Purchase price of $300k with ARV of $450+, have cash on hand and can close quickly!

@Jeff S., thanks so much for the explanations and info.

Great info Bill, thanks again!

@Bill Gulley

Thanks for the quick response. Both lenders are going to want some type of collateral and rightfully so. I also do other business out of my LLC, that being said how would I go about structuring this deal?

I have found a deal and it will be purchased with a partner as a JV. Now if we both bring in private money how do you decide who gets 1st or second position? I currently have an LLC in which the house can go under. Also if we are unable to sell the home in say 6 months to a year, how do we go about refinancing to pay back our lenders?