All Forum Posts by: Kenneth White

@Jesse B. I'm definitely interested in meeting up. What times work for you??

I'm looking to meet up with the active investor community in Dayton. I just bought my first 4 unit rental property in March and want to meet some people with the same goals as me.

They work out of wall street and I might have an opportunity to work with them but I'm not sure how legit they are. Any reviews?

I'm looking for investors for house flipping. I'm new to real estate (only have 1 rental), but I'm eager for more.

I work in construction and can get the remodeling done cheap and know all the right people to get it done and have a team giving me leads every day on new houses. I also have a mentor that has some years of experience flipping.

The only thing I'm missing is start up capital and that's where you get to take advantage of me. I know experience is everything and unfortunately that's where I'm lacking so that makes me cheap.

DM me if you're interested!!

I'm closing on my first investment property at the end of the month. I used a FHA and OHFA loan combo to get a 4 unit building in Kettering Oh.

The FHA only requires a 3.5 percent downpayment and the OHFA gives you a 5.1 percent of asking price to help with closing. Having no downpayment is awesome but the monthly expenses are a little high because of the mip and the higher mortgage rate because of the OHFA.

The seller is paying for all the major repairs and I work In Construction so I can do all the cosmetic work and have friends in all the trades.

The other 3 units are occupied. And I'm covering my rent. After all the repairs I plan on upping the rent when the leases are up ( they pay 475 in a 550-600 area) I'm not going to jump the.rent up too high in Hope's to keep the units occupied the 1st year.

I'm happy and excited for this first deal and I know it's going to be a long term investment but now I'm hungry for more and want to get into flipping. I have a mentor and a team to find deals and a team to fix it up but I'm low on capital.

Any investors in the Dayton OH area looking for a guy to bring them deals and make them some money please DM me.

I just bought a 4 unit and plan on saving enough for my 2nd one later this year but I want to start flipping in the next month or two. If I'm unable to find investors can I get a business loan from the back if I have an LLC?

The meeting went well. He talked and I listened. I learned a lot about the local areas and the risk/ regards that go along with them. Scored his realtors number and he wants to talk again.

Thank you all for the advice. That talk would have gone a lot differently without you guys!!!!

I'm about to buy my first house and it's going to be a house hack. I read rich dad poor dad and he talked a lot about incorporating. How big does your portfolio need to be for incorporating or getting a LLC to be a benefit?

Thank you all for your input! I'll take the advice and let you know how it goes

@Chace Fraser thanks for the advice. I can definitely put more down to help with that.