Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Matthew Bernal

Matthew Bernal has started 39 posts and replied 72 times.

Post: Anyone willing to do a DSCR Loan?

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Hey Kareem. I'm an investor and have closed deals nationwide. My focus is helping other investors to do the same. Let's connect so I can get a clearer picture of your investments and see how I can help.

Post: Partnerships and Joint Ventures for Growing Kansas City Market - Cash Flow Portfolio

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Hey Luther. 

I've been wanting to expand into Kansas for quite sometime. Check your inbox for my email and we'll set up a call. 

Post: Looking For Project

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Aloha everyone!

I am looking for outstanding projects here in the Honolulu Area to JV on. I will provide the funding, and can get involved in whatever capacity is needed. Please comment, connect, and dm me with your project details so we can set an appointment.

Post: 0% Financing For Qualified Investors!

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

🚀 Pryceless Ventures Consulting Services - Unlock Growth! 🚀

Are you an investor looking to scale your real estate portfolio? Pryceless Ventures has the perfect solution for you!

✅ Get a $250k Line of Credit at 0% Financing! ✅

Our exclusive line of credit is designed to empower real estate investors and professionals, offering flexibility and unmatched financial leverage.

Why Choose Pryceless Ventures?

  • Expertise: Tailored strategies for emerging markets.
  • Innovation: Tech-driven solutions for modern investment.
  • Trust: A partner committed to your success.

Whether it's acquiring properties, renovating, or expanding into new markets, our line of credit provides the financial freedom you need.

Act Now! This limited-time offer won't last long.

📞 Contact Us Today: Pryceless Ventures | Email:[email protected]| Phone:808-892-9309

Let's Venture into your next successful investment together!

Post: Cash flow vs Appreciation

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Lila, 

It's fantastic to see you exploring the two main strategies in real estate investing – the ever-important cash flow and the potential for appreciation. Just as in business, cash flow reigns supreme, serving as the lifeblood that keeps the gears turning smoothly.

Now, let's dive into these strategies and see how they resonate with your entrepreneurial mindset.

Cash Flow Strategy: Cash is King As you astutely pointed out, cash flow is indeed king. Much like in any business, it's the heartbeat that ensures the engine keeps running. Just as you'd be hard-pressed to find a business that thrives without a healthy cash flow, the same holds true for real estate. Investing in properties that generate consistent rental income can provide you with a reliable stream of funds, akin to the revenue that fuels your business ventures. It's a tried-and-true method to ensure your real estate endeavors remain financially stable.

Capturing Capital for Momentum Now, let's talk about that essential fuel – capital. Just like a business requires capital injections to stay afloat during critical phases, your real estate ventures can benefit from a well-thought-out infusion. Much like how some entrepreneurs tap into their own resources, others look to banks or even private money lenders to ensure their property investments stay resilient during the critical stabilization period. It's akin to keeping those business operations rolling while awaiting that crucial breakthrough.

In essence, the methods to secure capital in the real estate realm parallel the strategies employed in the business world. Just as businesses explore various avenues to keep the cash flow pumping, real estate investors have their toolkit of options, each serving a unique purpose in sustaining and growing their investments.

Remember, just as you've mastered the art of leveraging capital to propel your business ventures, the same principles apply to navigating the nuances of real estate investment. It's all about strategic decision-making, risk assessment, and aligning your approach with your long-term vision.

Post: Property Available in Austin, TX

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Aloha, Kylee. I could be interested. Feel free to DM me. 

Post: Network and Thrive

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Hey Bigger Pockets! I'm in Honolulu and wanting to connect with fellow investors to meet up, discuss strategy, and potentially co-work! Inbox me and we can grab coffee and talk shop. 

Post: Flip in Chicago

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Thank you!

It wasn't my first one but the first one I completed in a different state. I have two more investments just like it that I'm fundraising for. Would love to connect!

Post: Fix and Flip in Carmel by the Sea

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Investment Info:

Small multi-family (2-4 units) fix & flip investment in Carmel By The Sea.

Purchase price: $1,600,000
Cash invested: $950,000
Sale price: $3,280,000

I bought a 3-bedroom cottage in Carmel By the Sea for $1,600,000. I renovated the property with high-end finishes and added a master suite and a garage. The rehab cost me $950,000 and took 9 months to complete. I then sold the property for $3,280,000, making a profit of $730,000. The property was in a prime location near the beach and the downtown area. It attracted a lot of buyers who loved the charm and quality of the house. It was a successful flip that paid off well.

What made you interested in investing in this type of deal?

It was an opportunity to work with my father, who is a very talented contractor in California.

How did you finance this deal?

This deal was purchased entirely with private money lenders.

Post: Wholesale In Kaimuki

Matthew Bernal
Posted
  • Investor
  • Carmel, IN
  • Posts 84
  • Votes 28

Investment Info:

Small multi-family (2-4 units) wholesale investment in Honolulu.

Purchase price: $1,100,000
Cash invested: $5,000
Sale price: $1,150,000

I wholesaled a 9-bedroom house in Honolulu, HI for a $50,000 profit. I found a motivated seller who agreed to sell me the property for $1,100,000. I then found a cash buyer who paid $1,150,000 for the property. I assigned the contract to the buyer and collected my fee at closing. I didn’t have to own or fix the property. I just connected the seller and the buyer and made money in the process. It was a great deal for everyone involved.

What made you interested in investing in this type of deal?

This deal caught my attention because it was challenging. There were several siblings, 12 to be exact, who were all trying to get a piece of the profit from the sale of this property. I enjoyed negotiating with all of them and making the acquisition seamless for the cash buyer I ultimately assigned the property to.

How did you find this deal and how did you negotiate it?

I helped each sibling find common ground and was able to leverage the common goal of wanting to get the property sold.