All Forum Posts by: Kevin S.

Hi @josh stack,

Thanks for the input!  

I packed in a bit more info,can you see any additional tweaks or maybe other suggestions?

Hi BP Team,

I'm looking for input on information contained on my one page sales piece.  I created this document and want to email it out to contacts but would like to get any input to make the information more impactfull yet concise.

I'm open to any suggestions.

Thanks everyone!

Whats up BP team,

I created a one pager for the 16 property listing, please let me know your thoughts on presentation and any thing I could change to make it better!  Always looking to improve.

Also if you can find a buyer there is an opportunity for finders fee!

I've gone this route before, here are some things to look out for while trying to refi out of OPM. 

length of ownership in months vs. banks requirements

less than 12 months most banks will only do LTC at 80%.  

less than 24 months most 5% banks won't talk to you, you can work with a mortgage bank and get about 7%.

depending on the appraisal value and putting down 30% you will be ok for a refinance but having them appraise for 30% more to take out the full OPM may prove difficult.  But every deal has different partners so the remaining return is what it is.  

having done this twice I will say that buying for cashflow is king. Either way it will be a great learning experience for you!

Take a look at the attached link for info.

http://www.loopnet.com/listing/portfolio/12748859?...

16 Townhomes located in Lexington, KY.  

$2,480,000

7% cap

@Justin Robert Let me know about your questions on layout.

Currently putting together one of these with a team.  RV Park with master planned ammentities and 18 hole championship golf course.  Opposite side of RV park would be an age restricted community.

Looking to start selling off lots all utilities ready for connection.  Take a look at my bio and let me know if you have any interest or questions for your project or mine.

@Rachel H.undefined  @Thomas S. @belinda 

@Belinda Lopezundefined @Matthew Paul

@Anthony Capitan @Shane H.

Still curious on this question?

Are either of you still interested in RV Parks?  Putting one together in San Antonio, check my bio if you have interest. 

Hi,

@Rob Ringlehan @leslie @Brian Mathews @Matthew Paul @Anthony Carpenter

  I just did a search for most recent San Antonio posts and your post actually is exactly what i was looking for.

I was looking to find other investors that have interest in purchasing a turnkey flip lot or two located on a master planned golf course/rv park just outside of San Antonio.

Just completed lot staking and utilites on 75 new fairway lots , take a look at my bio if you have interest and shoot me a message

best,

kevin seele

@Leslie A.undefined

Hi Tricia and BP soldiers,

I just did a search for most recent San Antonio posts and your post actually is exactly what i was looking for.

I was looking to find other investors that have interest in purchasing a turnkey flip lot or two located on a master planned golf course/rv park just outside of San Antonio.

Just completed lot staking and utilites on 75 new fairway lots , take a look at my bio if you have interest and shoot me a message

best,

kevin seele

Best of luck to you Perry,

Continue to build on your MBA education and make sure to read or listen to audio books to continue your financial education.  I listened to 100s of audio books and they have proved very helpful so that is what I always recommend. 

Start by determining how many doors you need to own to acheive your 100k goal.  Then set off to start buying some cashflowing properties. 

Not that I'm aware of your income but hacking the system and buying a duplex/triplex with an FHA is always possible. After that art by determining how many doors you need to own to acheive your 100k goal.

Once you have that down and are on the move I have 16 townhomes that I may be selling closer to the end of the year.  :-)

help me out with some upvotes if you find this helpful!