All Forum Posts by: Juan Jackson

You have some great answers, but I think @Jay Hinrichs gave you the best anwser. Since you are just starting out you should read a few real estate investing books, listen to the BP podcasts (they are great!), and ask more questions on BP to educate yourself more on real estate investing. You need to understand fully how you will make that $5k, as well as how you risk losing that

$5k! My line is open...

Happy Investing!

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@Conrad Feh,

You are in the right place here on BP! You find much of the information you need to get started in REI. Poke around, ask questions, and network! You should reach out wholesalers, lenders, agents, etc. I am an investor friendly broker, property manager, and I invest as well. We just looked at a duplex in Lawrenceville last week!

Happy Investing!

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Noted!

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I agree.Your offer should include a purchase and sale contract, POF, and as-is condition. You want to make the deal as easy to read and understand as you can.

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Thanks for the list!

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It's time to set up something for next month @Micah Redden

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BP'ers,

I'm testing this property analysis and rehab estimating concept...any value here for investors?

Type of Estimate Description Price

A.	Verbal lump sum estimateExample: $40K total	Site visit, visual inspection from ground level, major components, lump sum estimate for materials and labor combined.	flat fee
B.	Simple written estimateExample: $20k for materials $20k for labor	Site visit / Major components / HVAC, Electrical, Plumbing, Flooring, Kitchen, Bath, Roof, Siding, Paint, and Other repairs. Materials and labor quoted separately. Simple written flip and buy and hold ROI analysis included	$/hr
C.	Itemized written estimate(Binding)Example: Flooring 1,000 sqft. Labor $500 Material $1,000 Total $1,500	Site visit / Major components / HVAC, Electrical, Plumbing, Flooring, Kitchen, Bath, Roof, Siding, Paint, and Other repairs. With materials, labor, and quantities. Simple written flip and buy and hold Cash on Cash ROI, NOI analysis include. Current value and after repair value included.	$/hr
D.	Full takeoff with plans	Complete construction floor plans with list of materials, labor cost, and visual design.	Quote
E.	Design Plan	Virtual visual design of the finished project.	Quote
E.	Permits	Building, Electrical, Plumbing, etc.	Quote
G.	Rehab / Renovation Completed by Us	We will stand by all estimates for 7 days. Please allow for 20% overage for unforeseen and concealed damage.	Quote

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Hello, I am interested....

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I will not be there today. Catch you next time.

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Lender mortgage broker loan officer financing georgia

BP Members,

I need some adivice. I have a client who want's to start investing in real estate. He is interested in multifamily or a flip property. He is concerned about the type of loan product to apply for considering that he is self eemployed with an average gross of 75k and net under 15k (w2) last two years). Credit score is @ 800. Debt is 60k in student loans (monthly payment is $0). Mortgage is 92k 670 month (rented for 1100/month). CC debt 6k.

Some concerns are owner occupancy requirements, seasoning, and down payment.

How can I direct him to the right financing product?

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All Forum Posts by: Juan Jackson

Juan Jackson has started 20 posts and replied 239 times.

Post: Silent investor makes double what they put in...is this real?

Post: New Member looking to network w/investors in metro Atlanta area.

Post: Atlanta Investor Lunch Meetup in Decatur - Being Creative

Post: Offers on MLS property by Agent/Investor - Contract Questions

Post: Atlanta Properties

Post: Atlanta Investor Lunch Meetup in Decatur - Being Creative

Post: Investment Property Analysis and Estimating Service

Post: Many properties for sale in Macon, Ga

Post: Atlanta Investor Lunch Meetup in Decatur - Being Creative

Post: 800 credit / self employed/avg 75k gross