All Forum Posts by: Lex Layton

Hi @Lex Layton. I can intro you to some good local PM and HM lender options. And, a friend and I host two BP meetups here in Asheville, one on the evening of the third Wednesday and one on the morning of the fourth Wednesday. Our September evening gathering happened just last evening, with a dozen or so of us roundtabling about STR and viable options. Next Wednesday, we'll meet upstairs at The Rhu at 9AM, with a general focus on the same topic. Our meetups are intentionally conversational, networking focused, etc. And 200 or so of us have a local Slack channel as well. Beyond that, I would also highly recommend AVL Meetup and CREIA as well. I'm happy to discuss more if you want to message me.

Talk to closing attornies to find private lenders.

With your design experience you definitely have a leg up to flip, but the Asheville market is pretty steamy hot. Tough for buy in, but nice for out value. Hard money can be a bear for a first-time flipper. You will be at 12-14 percent and 2-3 points, but hopefully your experience means you know some tradespeople who can do the work. I am buying an A-Frame in Black Mountain now. If you want to connect with my agent there, she may have some resources for you for different money.