All Forum Posts by: Michael De Oliveira

 Hi Michael, since you're already in the contruction industry, you should be able to get a good idea the rehab cost and time frame to finish the project.  I have a partner that can possibly help lend at 0% interest for the first 6 - 24months. Let me know if you want more info.  It doesn't hurt to discuss your options!

@Michael De Oliveira hard money is a fantastic way to leverage and do more deals. It’s also a way to get into flipping without needing a bunch of your own capital. Most charge 12% and 2-4 points under front and it’s a 6-12 month term. Happy to answer any additional questions.

I think this is a great time to continue your education and networking through local meetups. That way, when the time comes, you have the necessary connections to help you execute.

I wish you all the best.

I agree with @Taylor L., the time for finding good people is always now. You can build stronger relationship if you take the time to really grow roots in the market that you're looking to invest in. Scrambling to locate your team while you're simultaneously going through the oftentimes stressful process of closing a deal is not ideal. 

I would suggest going to meetups and making connections and then going from there. 

So let me ask, ( JUST ASKING so everyone learns) what exactly is he going to do? Lets say he contacts me. My 1st question is, do you have cash and or pre-approved. This person has neither. Ok so what value can I bring to him when they are not anywhere near ready? Scrambling, he has two years, :) I would simply say, ok, show me a bank statement, and or preapproval, then what ROI are you seeking? Ok great, when you're ready in two years!! Contact me. Nobody is going to spend time with anyone that has no intention of pulling the trigger for two years, I would not. So as mentioned from all of us, get too local RE meetings and be a sponge. but as far as having someone sit and spend time , well.......

All the best