All Forum Posts by: Justin P.

@Mike Stahlman, Listing seems like a great option for them here. Try to separate the emotional reaction to the agent commission from the math. Not only will they get to move on with their lives, putting a cash bleeding house behind them, but also put some cash in their pockets.

ARV 300k

- commission 18K

- repair 5k

- debt 240k

They walk away with $38,000 and and their sanity :)

Hi, @Derek L.

Please send me the details on this. Thanks. [email protected]

Hi, @Matt P..

PM me or email me ([email protected]).

Hey, @Bobbie Mixon.

This one still around?

Awesome!

Keep me posted.

Hey, @Chris Davis.

How are things going with this one?

Hi, @James Green. Will you please shoot me details on this property?

@Ben Sealey,

There are private lenders that specifically do buy and hold financing. The rates are going to be somewhere in the upper 5 to upper 7 percent range. Take a look through the BP Hard Money database and there may be a few in there. Since you already have a good portfolio you should be able to find someone to work with.

You May also want to upgrade to a Plus or Pro account so you can get in on the action in the Marketplace.

I'm currently transitioning my design business from the model where I'm the one guy that does mostly everything to a model where I'm hiring others to work in my business while I'm out there growing my business. I'd love to hear about how you and @Hewitt Tomlin managed to build yours. 

Hi, @Chris Davis. Couple of questions.

How would the money partner funds be secured? It doesn't seem like I'd be able to get 1st position on this.

How will you reimburse the money partner after 90 days?

Welcome aboard, @Hewitt Tomlin.

I run a web agency servicing mostly professional, associations (non-profits). I'm taking the profits from that business to seed my RE investing. You thinking along the same lines?