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All Forum Posts by: McKenzie Peterson

McKenzie Peterson has started 9 posts and replied 40 times.

Post: First investment possible duplex?

McKenzie PetersonPosted
  • Posts 43
  • Votes 19
Originally posted by @Brandon Wade:

Hello world, i am new to this investing world but eager to get into it. I'm 23, married with 2 kids. Im going into my last semester for an associates degree in Security Technology. And work full time. I want to start investing in rental properties. I recently found one and want to use the BRRR strategy for it but have $0 . Bank does not want to give me a loan. Any advice on how a fresh newbie can get financed? Im really just want to break even at the very least.

Good Afternoon Brandon,

Why would you only want to get into an investment to break even ? I believe a duplex is a great opportunity though to start off you could live in one half and rent the other or other possibilities. You could look into a hard money loan in order to finance the deal and go about it that way or even look into private lenders that want to get involved in your project. Good luck hope to hear some good news about your deal.

Post: Local lenders for an 8 plex apartment

McKenzie PetersonPosted
  • Posts 43
  • Votes 19

Good luck with finding funding for your deal where is your 8 plex located I am a fellow Greenville, SC investor wish you the best of luck.

This is an awesome question ! I am currently working on my first wholesale deal and after this is completed I want to get into a multifamily property investing.

I am new to BP but I truly feel like this resource has allowed me to meet so many people that have great insight on deals.

Post: Wholesale or Private Funding

McKenzie PetersonPosted
  • Posts 43
  • Votes 19

@Arn Cenedella I will get that information to you right away. 

I have been living in this market for awhile, but recently I became active as an investor. I have been seeing a lot of deals going down in the game.  

Post: Wholesale or Private Funding

McKenzie PetersonPosted
  • Posts 43
  • Votes 19

Thank you for the response I will send you more information shortly.

Post: Wholesale or Private Funding

McKenzie PetersonPosted
  • Posts 43
  • Votes 19

Currently I have a property under contract surrounded by the ever growing downtown Greenville, SC. The property is in an area where the surrounding homes are being rebuilt and renovated. This house needs about 60-65k in repairs, the purchase price is 80k, the ARV of the property is 212k, but this a low estimate. I would like to open the opportunity to wholesale if the numbers work. Let me know if there is anything else I can provide!

https://docs.google.com/presentation/d/1OdJbGB7dY-g_EltPKaxAsj53S6LlGlnUlhrLd1JHEz8

Currently I have a property under contract surrounded by the ever growing downtown Greenville, SC. The property is in an area where the surrounding homes are being rebuilt and renovated. This house needs about 60-65k in repairs, the purchase price is 80k, the ARV of the property is 212k, but this a low estimate. I would like to open the opportunity to do a joint venture or wholesale if the numbers work. Let me know if there is anything else I can provide!

Below is the link to see all property information: 

https://docs.google.com/presentation/d/1OdJbGB7dY-g_EltPKaxAsj53S6LlGlnUlhrLd1JHEz8

Post: SC Network

McKenzie PetersonPosted
  • Posts 43
  • Votes 19

I am from Greenville, SC and working on my first wholesale deal after I am looking for duplex opportunities.