All Forum Posts by: John Salcedo

I am a seasoned investor closing on 4-5 deals per month with a quick rehab. Seeking Private Money partners who want to see a return within 6 months and want to lend at 75% LTV.

Looking for individuals not financial institutions please.

John

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For the private lenders, what is your ideal loan structure/ LTV?

Does it change if you are in a first or second position?

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We are buying several deals each month and looking to add to our passive capital partners

.
High Returns: Average loan of $300K for 6 months returns ~$18,000 at 12% annualized return.
Rock-Solid Safety: First-lien position, ≤75% LTV, title and hazard insurance required.
100% Passive: No tenants, no rehabs—just steady returns after the flip sells.
Dm me to see what projects we have available.

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Quote from @Jacob Hancock:

Yes I am on my fourth house and had the cash to buy one and fix it up and then refi. On this deal not So much. So takes that for what it's worth

I’m also buying in Indy. Would love to connect. Great market

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Indianapolis, Indiana

You doing any flips? I have two properties in Alabama but have a better team in other states so have not been buying in AL anymore.

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Birmingham, Alabama

Quote from @Nikikaya Mudd:

How soon can you close?

7 days

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Birmingham, Alabama

We are cash buyers looking for distressed off market properties. ARV of $160-$200k. If the price is less than $80k send us your deals!

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Birmingham, Alabama

Quote from @Stuart Udis:

This doesn't pass the sniff test. Reminiscent of the " I have $3M to invest, how should I deploy my capital posts".

1. If you've bought and sold hundreds of properties in the past two years how is flipping 10 homes a month scaling? You are already doing that volume

2. If you've transacted in hundreds of transactions over the last two years and have 15 employees how are you funding the current operation? Most at this level are not coming to BiggerPockets forums for advice on how to scale.

3. If you are selling hundreds of homes, it’s highly irregular to only have 6 rentals. Especially in this market. Based on your own numbers, assuming at least 200 sales in the last two years & having only 6 rentals means at least a 97% success rate in absorbing your flips. That's quite high. Most doing this volume are forced to turn more of their inventory into rentals.

Unless he’s a wholesaler and runs a wholesaling business. But you’re right the math doesn’t add up.

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I started with a few turnkeys and as my experience and risk tolerance grew, I now do out of state BRRRR projects.

Experience is a very huge factor. If you are new, stick to turn key. Even turn key will not be 100% passive.

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Oklahoma City, Oklahoma

Hi. Great post I would love to connect.

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All Forum Posts by: John Salcedo

John Salcedo has started 13 posts and replied 51 times.

Post: Offering amazing return to Capital Partners

Post: Private lenders- what LTV do you find appealing?

Post: Make your money work for you with proven investors

Post: Lenders for house rehab

Post: Building my Birmingham, AL full team. Love to meet up while I'm in town

Post: Cash buyer looking for off market

Post: Cash buyer looking for off market

Post: Advice on Effectively Scaling and Attracting Investors

Post: Turnkey or BRRRR?

Post: Seeking Experienced Investors for Strategic REI Partnerships