All Forum Posts by: Letitia Griffin

Hello and welcome to the BiggerPockets fam!

@Robert Lafrance Hello and Welcome..you pretty much described my life..working full time, graduating from college (3 weeks!) and working on my RE license. I am interesting in doing flips in Virginia Beach and buy-and-holds in Norfolk and eventually Hampton. If you have recommendations regarding any private money lenders I'd love to discuss. Best wishes! P.S Loved the Wiz Khalifa reference

@John J...I am in a similar situation. From this forum I've heard that local banks like Towne, Old Pointe may be friendlier to investors. I am new as well and was wondering how to leverage credit for investments. It seems I will have to get even more creative as I am currently shopping for/vetting hard money lenders in this area as well.

Yes..thanks again for starting the thread..Also looking to discuss terms and lending criteria from reputable hard money lenders for properties in Va Beach, Norfolk, and eventually Hampton. Feel free to send me a PM. Thanks!

Added Hardworking, Intelligent because my subject was too short!

I have several family members that will be willing to assist me with investing in real estate. I am currently a licensed underwriter and I have been researching investing and my current area for the last year or so. I am not sure how to make use of their credit abilities without having them move into the properties-as would be required by a Fannie/Freddie insured loan. Should we just try to get a conventional loan and put all of their names on the property. Should I create an LLC and make them limited partners? I want to get started and I have run numbers on some great deals in the area but I am not sure of the next best move. Please help. Ideally I would like to do 1-2 flips first before moving into buy-hold and multi-family. My dad also has a VA loan entitlement however that would again require owner occupancy. Please help!

Family Members: Dad/Aunt

Credit Scores : 720+

Current Area: Hampton Roads

Side note: I will also be getting my real estate license after I graduate college next month.

Hello,

I am just learning of this event. Are you able to confirm if there will be similar events like this in the near future? I will be unable to attend this weekend however this sounds very interesting.