All Forum Posts by: Mona B.

Hi @Tee H. mentioned. Let me know if you'd like to connect & discuss more. 

Thanks @Zackary C Dunn! I sent you a DM.

Thank you for the feedback @Zackary C Dunn . I'll keep the 20% ARV advice in mind as I continue to analyze leads and talk to more buyers.

@Mohammed Rahman ,I'm glad I was able to receive feedback from someone familiar with Lili's content. As I get in contact with more potential buyers, I will learn whether to forge ahead or switch strategies. 

If you're new to searching for deals: networking on BP; driving around & researching complexes in your local market; doing basic searches on Zillow/Loopnet, etc...; getting on the email lists of commercial RE agents. 

Thanks @Shiela R. for sharing your experience. The market in Orlando is shifting - its still a little "neutral" in some areas but increasingly becoming a "buyer's" market, & the cash buyers I've spoken to are feeling it & seeking to adjust their investing strategies. As I'm seeing listings on the market past 60+ or 90+ days, I'm hoping to take the feedback I'm receiving to either go forward or alter strategies. 

@Bryant Brislin Thank you for the feedback. I'm still in the process of researching the pros & cons of wholesaling listed deals in my market. I've been fortunate to connect with a few cash buyers experienced & willing to purchase listed properties; however, it has required a lot more researching. 

Welcome Koree! BP is an amazing community for continued learning and networking. Best wishes to you on your investing journey!

Thanks for the feedback @David M.! I think where I get stuck is when I'm trying to understand how to subto on-market distressed leads. I've seen investors work with off-market deals, but I really think there's an opportunity to work with listing agents & stagnant properties on the market during the slow downturn we're experiencing here in FL. I'm also looking into whether to wholesale subto deals, or find equity partners or other partners experienced with subtos & rehabbing.

Financing the deal is another part were I get stuck. I'm trying to understand if it's possible to get funding from a lender like Patch Lending to fund the transaction & rehab, & how their loan is paid back in addition to the outstanding mortgage, while trying to make a profit...? Or could one negotiation seller financing?