All Forum Posts by: Mateus Silva

@Gualter Amarelo I'd love to attend next meeting! Also If you have any Ideas or properties in mind that can be bought using some creative ways or partners looking to invest!

Hello BiggerPockets,

Its been a while since I've been on BiggerPockets but I'd love to ask some questions but beforehand if you didn't see my much needed to be updated profile I am a Real Estate agent in Fall River,MA I mainly deal with multi families or commercial residential investment properties(Last sale 9000sq ft building for 33k 5 2-3 bed apartments and two party halls with commercial kitchen rehab 150k ARV around 300k for quick sale) I am the youngest agent in Massachusetts at least I was until last March when I turned 19! So this coming month will be a year in Real Estate and after paying all my bills, having my second son, I managed to save $25k and intend to have $30k going into the new year. I want to begin investing but I don't know if I have enough well I know I don't have enough for a 20% down on a commercial loan or a HML and I have no track record for Private loans or for someone to partner with me. In this case what can i do should I find a Fix and Flip or Buy and Hold. Should I wait and save up more. I really want to get down and dirty I am an Agent and a proven agent, listing and helping buyers attain way below market value for properties, So I know I can buy a good deal and manage a buy and hold. I also am confident I can purchase a great rehab project and do 80% of work except electric and plumbing( Fall River agents have the Portuguese construction in them I kid but I am studying for my CSL Unrestricted so I have a good eye for bidding out prospective properties and can do a thorough bid to be on budget for all seen issues! ) So yes I am sorry i had a bit of a lot going on but lets get a discussion going about this!

Warm Regards,

Mateus Silva

Hello, 

I am a young agent from Fall River,MA I'd love to attend as well !

Mateus Silva!

Hello BP,

Me and some family and friends would love to start flipping and we are wondering if anyone here has any HARD MONEY LENDERS they could recommend to us in Massachusetts or in surrounding states. If possible leave a comment with a suggestion and also experience you had with HML company.

Best Regards,

Mateus Silva

I am currently trying to find out the same information if you come across it let me know please.

Today I went to the home going to need a lot of work but my father told me around $80,000 that includes plumbing, electrical, kitchen, renovate one bathroom add an additional bath to master suite on second floor, creating an open floor plan, finishing the basement, Vinyl siding for exterior, windows, and extensive landscaping. Structure is perfect and frame of the home is perfect only things that are scarring us would be two rooms that are additions which may be unpermitted. I believe this home could be negotiated to a number around $70,000 currently it sits at $96,000 but is subject to being reduced soon again, 113+ on the market as well! Lets say we close around $80,000 and used $80,000 for rehab I believe as an agent from comps I pulled we could sell from anywhere from $290,000 to $340,000 netting a profit from $130,000-$180,000. @Corey Melkonian @Matthew Vitlin @Joe Villeneuve @Joshua D.

@Gualter Amarelo Thank you I am going to go my hardest 100% of the time!

@Merlina Rodas Thank you so much !

I wasn't on BP at the time to post it on here for South Coast Massachusetts investors to see it was on John and Brow st. Not the best of locations but with 3 units in the front and two units in the back section 8 you can make a killing especially purchasing for 159k! @Gualter Amarelo

Hello currently born and raised in Fall River one of the youngest agents in the state being 18 with deals in the wraps I'd love to get insight on how investing has gone for you all in our area I just sold a Killer deal two properties on one lot 3 family and 2 family gol mine 159k!!!!