All Forum Posts by: Katie Smith

Hey Steven, have you used a fix and flip calculator before? A fix and flip calculator is an essential tool for real estate investors aiming to maximize their profits. It helps accurately estimate the costs of purchasing, renovating, and selling a property, ensuring a clear understanding of potential returns. By using a F&F calculator, you can make informed decisions, minimize financial risks, and efficiently allocate your budget and resources. Additionally, it aids in evaluating the feasibility of projects, allowing you to focus on the most profitable opportunities.

Hi John from Michigan! I'm Katie from Florida! Welcome to BP. Happy to help with any of your financing needs.

Hi Dylan. You're looking for 100% financing for apartment complexes, and with no credit pull? Most legit lenders will require you to have some skin in the game. You may want to look into private money, and a partner that has experience if you do not have any.

Hey Chanelle! Nice! Have you thought about using OPM? Using other people's money (OPM) in real estate allows you to leverage your investments, significantly increasing your purchasing power and potential returns. By utilizing OPM, you can widen your portfolio, spreading risk across multiple properties rather than being tied to just one. Additionally, it enables you to capitalize on opportunities quickly without waiting to accumulate sufficient personal funds, thus maximizing your growth potential and taking advantage of favorable market conditions. This strategic use of financing can accelerate your path to financial independence and wealth building in the real estate sector. Happy 

Hey Drew! Are you willing to travel for events? I'm in Orlando and can help with financing your fix & flips. 

Hi Adrian. I have a few friends that do MTRs in NSB. One of them is a 2 story house right on the beach - and they always say summer is *surprisingly* slower for them. Might just be the timing. Lowering the price to get a first-time tenant in there is not a bad idea, especially for a review.

Nice! Do you primarily invest in Raleigh? 

Hi everyone!

I'm looking to expand my network and connect with more real estate professionals nationwide. 

Can anyone recommend some good local real estate meetups, events, or conferences in your area that are worth attending as a vendor? I'm looking for events that attract a good mix of real estate investors, agents, and other professionals where I can showcase our lending solutions and build relationships. We currently attend REIA's in FL & NC monthly so those states are mostly covered but still open to hearing about any great events!

Hey Leonard, there are lenders that will do 15% down for DSCR loans. You will need to have qualifying credit and the DSCR will also need to work with the interest rate.

Hey Anthony, welcome to BP! That's quite a number of passions in real estate! Happy to connect & see how we could work together.