All Forum Posts by: Lucas Machado

Hi all! Are you looking for Hard Money or Transactional Funding for your deal in South Florida (Miami Dade, Broward, and Palm Beach counties)? We'll fund your fix 'n flips, your buy and holds, as well as your wholesale deals. We are also interested in buying any form of cash flowing paper. We're not brokers, we lend our own money, so we can close fast. 

• We only do 1st position loans.
• No loans on owner occupied property.
• We lend our own money, we're not brokering loans.
• We can close quickly.
• We lend rehab funds.
• We can provide transactional funding for wholesale double closings.
• No junk fees or prepayment penalties. 
• We'll lend up to 70% of ARV. However, we always require that the borrower has some skin in the game, so we typically will only lend as much as 70% of the purchase price and 80% of the repair cost. (exception: 100% of the price for transactional funding.)

If you're in need of some funds for your deal please don't hesitate to contact me!

Thanks, and best of luck in your investing!

Hello! Are you a cash buyer looking for South Florida investment properties? Lets connect - I'm a wholesaler and hard money lender based out of South Florida!

• We work the tri-county area: Dade, Broward, and Palm Beach counties.
• We send a lot of direct mail to sellers so we get a ton of off market deals.
• We have all kinds of properties: single family homes, small and large multi families, condos, townhouses, vacant land, commercial, etc.
• We have deals from as little as $10,000 all the way up past $1 million.
• We can also provide hard money loans for our deals.

If you'd like to be added to our list you can either:

• reply to this thread with your email (name and phone number optional)
• send me a private message with your email (name and phone number optional)
• or sign up on our website: http://www.mwregroup.com/sign-up/

Thanks! 

@Megan Cepero welcome to BP! As others have said, Hialeah is a great area to consider...North Miami and Miami Gardens are also excellent rental areas, but I don't know which would be most convenient for you distance wise. With $300k, in these areas, you could probably get 2x SFH, 2x duplexes, or 1x tri or quad plex. If you'd like, shoot me a message, maybe I can help you find something. Either way, best of luck to you!

Welcome to BP @Frank Ygarza! Lots of good deals to be had right in your own neighborhood of Hialeah. You should come out to the Dade REIA meeting sometime over in Miami Shores on the 3rd Wednesday of every month. Hope to run into you there at some point.

@Rory Gray - @Account Closed is right...Getting the deals is the hard part. Pick one or two prospecting methods, pound the phones, and keep following up until either someone else closes on it or you get it under contract. 

It takes time though...Some folks try for 1-3 months and give up because they haven't gotten a deal yet...Most prospecting methods take time to build up momentum. It took me 10 months to close my first deal. I had a bunch of contracts on the way there, but they weren't "deals" (ie, they weren't any good). It took me a little over a year of consistent mailing to close my first deal through direct mail. The first 6 months after my first deal we closed 3 more deals. In the 4 months since then, we've closed 6 more. It's looking like we'll do 3 more before 2015 is over. Momentum is all about consistency and persistence.

The various prospecting methods are well documented both on BP and elsewhere...That information isn't hard to find...What's hard to find is the will and patience to keep at it!

Good luck! Don't give up!

Welcome to BP @Lenny Shwartz! Good luck building your portfolio back up. What sort of properties are you in the market for? Small multis? SFH?

Welcome @Steve P.! Good luck getting your wholesaling business off the ground. It's not easy, it will take time and lots of hard work, but don't give up! You will undoubtedly have questions and need help, and there's plenty of people here on BP to assist with that. Also feel free to contact me directly. Hope to see you around at some local networking events.

@Angie Blanco welcome to BP! Hope you find something to help take you to the next level! Good luck, and I hope to see you around at some networking events.

Welcome to BP @Gerardo Lewis! Good luck in your investing!

Welcome to BP @Fednel Fleurenat! What type of investing are you interested in?