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All Forum Posts by: Michael Sanchez

Michael Sanchez has started 3 posts and replied 11 times.

Post: Raphael Kisel stole $13k from me

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Thank you Jay.

Post: Raphael Kisel stole $13k from me

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Thank you Jay. 

Post: Raphael Kisel stole $13k from me

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

A short time back I asked to get more information on HM lenders and how they work. My responses were ok but not concrete and a few were a little bit off. So I think because of this discussion, it would be good for us to know who are the good guys in HML or PML are. I am in Texas and am wondering who are the good guys? Who have you had good experiences with and what is considered "too good to be true"?

Post: How and where to start

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Thanks  I will try to be a littlle more specific and forgive my ignorance on the topic. 

There are quite a bit of strip malls, and other  commercial properties in my area. Some are priced so high that some people build instead. I believe that there may be some opportunities in the properties that have been on the market over a year. My question is how does one go about commercial "flipping"? Is there hard money like in residential?  I have done a some residential flips before but want to try commercial.  

Post: Understanding Hard Money

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Thank you all for your replies. It makes sense now. I guess I was a little shy of pulling the trigger on HM

Post: Understanding Hard Money

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Thank you all for your replies. It makes sense now. I guess I was a little shy if pulling the trigger on HM

Post: Understanding Hard Money

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Thank you. That clears things up.

Post: How and where to start

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

looking for advice on how to start commercial investments. Are there hard money lenders? 

Post: Understanding Hard Money

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Hi, 

I am trying to understand Hard Money investing. I have done flips before but used my own money (precrash). So my question is how does hard money work? It seems a little to easy and too good to be true, but I believe that is my lack of understanding that is the root of my thoughts. Looking for advice. 

Thank you for your help.  

Post: New member from South Texas

Michael SanchezPosted
  • Mcallen, TX
  • Posts 11
  • Votes 3

Thank you Das, I really appreciate the information. I will be taking you up on your offer to discuss real estate because I love to hear others perspectives.