All Forum Posts by: Katie Smith

Hi Mark!

Do you attend any local meetups in your area? They're a great way to connect with seasoned investors who may be open to you shadowing them and learning the ropes. When reaching out, it helps to offer value in return—think about tasks like checking on properties when they can't, delivering materials, finding reliable contractors, or even handling basic project management tasks.

Building genuine relationships and showing you're willing to contribute will go a long way in earning their trust and gaining hands-on experience. Don't hesitate to ask questions and soak up as much knowledge as possible.

Hi Victor! What's your buy box? Are you solely looking for deals in Jax?

Hi Kate!

You might want to consider a bridge loan for this project. It’s a short-term option, typically 12 months, that can provide the flexibility and funding needed for a $150K renovation.

Here's why it could be a great fit:

-No prepayment penalties — so you can sell or refinance without penalties.

-Interest-only payments, which help manage cash flow during the renovation.

-Allows you to pull equity from the property to fund the rehab without stretching your finances.

If you'd like, I can walk you through the details and answer any questions to see if it makes sense for your situation. Let me know!

Hi Paige! What type of loan are you looking to get into? A fix & flip or DSCR? Happy to help out here and see how I can assist!

Zasha!!! If I was in Maui, I would 100% come to this. I'm missing Maui so so much, hope all is well with you guys.

Hi Daniel! I work with a couple investor friendly title companies. Happy to send over their info - let's connect!

Hi Raymond! Florida native here! 

Im not a realtor, but i do know of many investor friendly agents here. I will gladly send over their contact info!

Hi Eddy! Most cities have a REIA (Real Estate Investor Association) that host monthly meetings. The first meeting is usually free, and then you can sign up to become a member and attend all the meetups! They have monthly speakers, and you'll meet investors, realtors, wholesalers, etc.

Hi Lau! Are you exploring a conventional loan or a loan specifically designed for rentals? This choice can influence the best path for you. Conventional loans are typically in your personal name, while investment property loans, like DSCR loans, will need to be in your LLC's name. For that, you'll want to ensure your LLC is already set up and approved in the state where you're operating.

Most lenders are fine with the funds coming from your personal account, especially if the LLC is newly formed. Later on, if you decide to open a business account, you can typically switch the account for your loan payments without any issues.

Hi Tannia!

That's so exciting that you're diving into the rental property world! Have you had a chance to check out any local meetups or REIA (Real Estate Investors Association) events? They're a fantastic way to connect with local investors who can share their experiences and recommend trusted professionals they work with.

You’ll likely meet key members of your team at these events, including insurance agents, title companies, lenders, realtors, and even wholesalers. It’s a great way to build a strong network and build relationships!

Best of luck as you get started—let me know if there’s anything I can do to help!