All Forum Posts by: Aaron Montague

Hi @Chelsea Owusu!

Welcome to BP. What area(s) are you trying to find property?

@Liam Martin

Don't do an early withdrawal, take a loan:

https://www.investopedia.com/a...

As long as you don't plan on leaving your job soon, the 401k loan is a solid way to add a bit more cash to the deal.

Focus on paying the loan back so it isn't hanging over your head and then you will be back on track.

Hi @Lionel Brown,

We are looking at

https://www.realtor.com/reales...

and 

https://www.realtor.com/reales...

in MA at the moment. The first is a condo conversion flip, the second is a buy and hold that needs bits and bobs fixed up.  Property #2 also needs the heating converted so the tenants are paying for it rather than the landlord.

@J Licorish

We might be interested. Hit me up with a message.

@Mauricio Trigueros

The first, and most important question, is this flip going to make you any money?

I have a couple thoughts here. If you want to flip it fast, take @Lien Vuong's advice.

If you have the opportunity to purchase a place in MA, and then live there, think about occupying it for 24 months before selling it. I recommend this strategy because you can make up to $250k in profits tax free on a primary residence that you have occupied for 24 of the previous 60 months.  This also means you do not have to maintain two residences worth of payments, taxes, bills, etc.

If you go the either route, make sure you have this discussion with EVERYONE involved up front. And triple check that they are okay with the entire plan.  The last thing you want is to piss off one of the siblings because they think you "screwed" them by eventually selling the place for 100s of thousands in profit when you only paid them a small portion of that.

That last concept bears repeating: Don't leave anything open ended with a plan when it involves family, ever.

M and A Investing needs sales people.

We'll give you 10% equity in the deal if you can bring us 100% of the money. There are 2% equity slices available for 20% slices of the money as well. Selling to yourself is fine. You keep the equity for as long as M and A is involved with the deal, not as long as you work for us.

If you have the hustle to wholesale, this is the type of job for you! We provide the deals and you sell them to your network. Each deal has a corporate entity associated with it that you'll own a portion of for the duration of the deal. As an equity partner you will benefit from cash flow, appreciation, and depreciation.

PM me or post if you are interested in talking further.

M and A Investing is looking for investors!

We have 2 products at the moment:

• Our Foundation Fund
• Long term partnerships

The Foundation Fund is straight forward:

• 6% interest only return
• Personally guaranteed by Mike and I. We both have stable, well paying W-2 jobs.
• Paid monthly
  

Our partnership structure is essentially some fraction of:

• Bring 100% of the money and take 50% of the equity (20% money = 10% of the equity, etc)
• Also included in this is our 24 month back out clause. If the partnership isn't working for either party Mike and I will buy you out between month 24 and month 48.

We have 3 properties and 7 doors between them! As with all investors we need more deals, more money, and more perspectives.  We would love to talk to folks about any or all of the above :)

We need sales people. 

We'll give you 10% equity in the deal if you can bring us 100% of the money. There are 2% equity slices available for 20% slices of the money as well. Selling to yourself is fine. You keep the equity for as long as M and A is involved with the deal, not as long as you work for us.

If you have the hustle to wholesale, this is the type of job for you! We provide the deals and you sell them to your network. Each deal has a corporate entity associated with it that you'll own a portion of for the duration of the deal. As an equity partner you will benefit from cash flow, appreciation, and depreciation.

PM me or post if you are interested in talking further.

M and A Investing is looking for investors!

We have 2 products at the moment:

• Our Foundation Fund
• Long term partnerships

The Foundation Fund is straight forward:

• 6% interest only return
• Personally guaranteed by Mike and I. We both have stable, well paying W-2 jobs.
• Paid monthly
  

Our partnership structure is essentially some fraction of:

• Bring 100% of the money and take 50% of the equity (20% money = 10% of the equity, etc)
• Also included in this is our 24 month back out clause. If the partnership isn't working for either party Mike and I will buy you out between month 24 and month 48.

We closed on two properties in early December. One is in Farmington, NH, the other is in Hamilton, OH. Both will cash flow nicely and need a bit of work.

Hey @Steven Blase, sign me up! We operate over along the ME/NH border and in the 2-4 family space.  The more damage the places have, the better.

I'd also look at SFH or condo flips all day long.