All Forum Posts by: Lance Stokes

@Shlomo Koheler yeah creative financing is certainly an aspect I am studying up on more to feel confident talking through that option with the seller - definitely opens up the ability to put less money down to start

@Nate Sanow i am looking to jv as in buy-and-hold properties. thanks for the feedback - taking the relationship building route, rather than just asking up front makes a ton of sense. Being more active here and in a few fb groups I've joined is pretty much my strategy to initiate those relationship. thanks again for response!

@Sunil Kurian great point - having a solid team is key to becoming confident investing out of state. Definitely taking that into account while doing my best to speak with realtors, lenders/banks in the area. thanks for the comment!

@Shlomo Koheler thanks for the feedback! My methodology is buy-n-hold a turnkey small multi family. 

Can you maybe give some insight on why you’d choose Indianapolis and any preferred agents, contractors, lenders, etc that I could reach out to would be awesome!

Hey @Marc Rice thanks for the reply here. By joint venture I mean I do all analysis and due diligence of an opportunity and bring it to a partner to fund the project. 

Hi BP fam - looking to get into the game with our first small multi family (2-4 units) rental in the Midwest (Toledo OH, Cincinnati OH, Indianapolis IN, etc). 

I’ve researched the areas and am currently analyzing properties and talking with realtors daily to get even more understanding. 

Would greatly appreciate any experienced investors advices on finding and structuring jv partnerships? 

@Reginald Truss would love to get info on your lending requirements? I am currently looking at a couple small multifamily properties in the toledo area

I am a newbie investor looking to do my first flip deal in central FL. 

Currently I live in the Bay Area so this would be an out of state deal. 

I am curious if you are able to split the hard money loan with a partner? My goal is to have a partner in Florida as the "boots on the ground" but not to carry any more financial burden than I. 

Thanks in advance for any and all advice/tips/best practices.