All Forum Posts by: Matt Buroni

@Abdul Jabbar Khan Would it be in the form of a loan, or more for interest in the deal itself?

@Cory Lucas Seems pretty expensive yes. There probably plenty of real estate networking events in your area or nearby if that's what you seek. It it's information, I can't imagine that he has any secrets that you wouldn't be able to find on the internet (and here on BP). Just my thought though!

@Joe Miller Seems like you are off to a great start! Keep at it and you will do great!

@Isaac Gwin Have you been analysing any deals? If I were you I would look around the market on what is listed to get an idea for yourself. Don't get caught up on what may happen and when with the market all that much. The beauty of real estate is that every deal is different and there really aren't any two that are alike. Look around and see for yourself if getting into the market now makes sense. If yes, then go for it! If not, then waiting might be a good option for you. Just because prices have been souring does not mean that you can't find a motivated seller to give you a deal on a project that they want to sell, for whatever reason. You would be surprised at how many people have good properties but just want to sell them without any headaches!

Reading books is a great start, but nothing will beat searching for properties and contacting people! There are plenty of creative ways to find deals as well, you just have to be willing to look! Hope this helps :)

@Leopoldo J Tamargo You could not be in a better place than BP! What are you looking to invest in and where are you interested in starting?

@Account Closed Great things happening in NC right now. Lots of people moving down to Charlette and Raleigh areas with Apple coming in to Raleigh in the next couple years. Quite a bit of activity around here right now and way more potential. Not certain about right now, but if I were you I'd be looking at NC and looking at a long term play. Food for thought!

@Neel P. You are basically giving the agent representing the property 100% of the commission rather than just 50%, which isn't bad but means that you will not have an agent representing you which can be beneficial. Also, if you are looking to grow relationships with real estate agents and want them to keep sending you deals, bringing them in on stuff like this is a great way to do it! Speaking as a former real estate salesperson :) but no you would not be saving the seller money if they already have a listing agreement with the listing broker, which it looks like they do.

@Brian Walters what properties are you looking for and what are you looking to do with them? 

If you are looking for a straightforward loan officer who works quickly, and gets the job done right for YOU, then you've come to the right place! 

I offer options for cash-out/no cash-out refinance on an existing property, financing a new deals, and getting pre-approved. Feel free to call me at 317-204-7301 or email me at [email protected] (or just connect with me here and message me on BP).

@Elijah Wichers I think you are understanding the trade-off well, but my concern would be spreading yourself too thin. Lower down payment means larger monthly payment relative to the value of your property and less cashflow from the property, PMI aside. This could provide you with more risk than necessary, if you have the funds to put 20% down or so. Seems like you are trying to move faster than you need to at the moment.

Is this your first property?