All Forum Posts by: Natalie Moore

Hello @Gavin Davie @James Masotti
Hi James, That is awesome you are investing in Downtown!  Some of those struggling areas really need an uplift, they use to be really nice.   

Hi Gavin, yes there are tax benefits, capital expense credits or grants, and other credits that they offer to draw investing in these areas.  There is a video on YouTube that explains it in more detail, its from 2015, but the plan is still in place.  It's not just in NCC, but in all 3 counties. I can't remember if we can post links on BP, but if you search YouTube you can use this code "GwLa9kDtZoA" (Title of the video is "Big Picture" presents Downtown Development District Grant Workshop).  You can also google "Wilminton's Downtown Development District map, zone or plan" and get more details.  Since Gavin invests in the area, you may want to connect with him.  Hope this info helps!

Happy Investing

Hello @Leon B Buie , nice deal!  Could you share the details of your hard money loan, did you use hard money for the Rehab as well?  Also where in Wilmington is the property

Hello @James Masotti, you mentioned you have properties in Wilmington.  Do you have properties in any of the opportunity zones?  If so, I wanted to know how successful you have been with renting in these areas?   I have been looking to invest in DE after reading about the Downtown Development District and the 2028 development plans.  (I was born and raised in DE, I purchased my first home in Browntown (which I wished I would have kept :-( , but I didn't know about RE Investing then.) 

Thanks, 

Hello @Rod Joseph, is the Gwinnett Subgroup meeting still the 4th Tuesday of every month at the address above?

Thanks,
Natalie

@Kimberly Holloway

Hi Kim, I researched and pursued wholesaling activities in Gwinnett, I have a contract, but it has not been reviewed by an attorney. Message me with your email and I’ll send you what I have.

Hi James, Thanks for sharing! The 'after' photos of the home are lovely.  Great job!

Your deal Sounds great! I'd like to know more about the financing terms. you purchased with cash w/ refinance, 1) where did you raise the cash? 2) And if from a lender, how long did you have to wait to refinance? 4) Since there was little equity what Was LTV?

Thanks for sharing,

Natalie

Oh, bummer! I will be in Palo Alto, but will definitely look out for the next event. 

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Hello, 

Could I get some input from some experienced folks to analyze this deal?  Would this be good to pursue providing the seller is flexible?

Thanks,

Natalie

Hello all, I am new to BP and looking to connect with people in my area. Are there any meet-up in the grayson, lawrenceville, snellville, or loganville areas?

Hi, I see this thread is pretty old, I'll take my chances anyway:  I am new to BP and looking to connect with experienced investors in Gwinnett County.  Anyone know of active meet ups in the Lawrenceville or Snellville area?