All Forum Posts by: Michael Steward

Hello! [email protected] here!  I'll send a pm too!

@David Pierce

Thank you!

I just got a property under contract in the Daytona Beach, Florida area and am looking for a lawyer to draw up paperwork for my hard money lender. Not sure where to where to look or start first.  Any help would be appreciated!  Thank you!

Thanks Cameron!

I have done a few flips, but the physical work is taking its toll on me.  Should I get my RE license?  Recently moved to Daytona Beach Shores, Fl. and don't see anyone from BP in this area, how do I decide who to broker with?  Thanks for any tips or suggestions!

I have moved a small amount of money (about $6500) from my military TSP account into a self-directed IRA to be able to invest in RE. Unfortunately, the fees associated eat up more per quarter than what I can make. I was trying to invest in Grant Cardone's non-accredited fund but Provident is charging me a ton to "manage" my account. I feel as though because I don't have much to invest, no one wants to work with me. Any suggestions for companies that would help out the little guy?

Thanks everyone for your suggestions thus far.  The terms have changed a bit now, the house I was going to get for 274K is now in a short sale which the RE agent thinks  I should be able to get for 250K.  I have been approved for a 85% of purchase price loan (212,500) but that still means I would need to come up with 37,500 just to get the house plus the roughly 8500 for rehab.  That is out of my realm of possibility, what do I do?  Go back to watching "Dancing with the stars" as Brandon says....  I'm asking family now.

Thank you Laura! 

Recently moved to Clermont Florida (just west of Orlando). I took Brandons challenge last September and managed to get 2 single family homes under contract by the end of 2017. Flipped them both using private money and did well with both. Then sold my own house and moved to Clermont. (I'm retired AF). I've now got a 333K arv house under contract for 274k but my private money guy in VA wants to stay in VA. I don't have an entity set up and have been told that I need one to get hard money in Florida. The private money guy I was referred to wants me to put 25% down which I do not have. Any ideas? TIA! MIke