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All Forum Posts by: Nic A.

Nic A. has started 12 posts and replied 30 times.

Post: 140k to 1mill. How do I get there?

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

Alright team need some advice on whats next. 34 years old, flipped 3 houses so far all profitable and have saved a total of 140k in cash. 80k on an unused HELOC available. Goal is to get to 1 million by 45 years old so basically 10 years and then I will be able to buy an apartment complex and retire.

I am off to a good start. I keep my personal overhead very low and intend to continue that. Properties east of the mississippi seem to have better returns than compared with where I am at in AZ. Thoughts?

Post: 90% LTV Lenders for Apartments/Multiunits

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

Simple question. I know there are a ton of variables beyond the very simple question but are there Lenders out there who will loan up to 90% LTV on an Apartment Building?

Post: Locating Hard Money Lenders

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

I am looking for a private investor in the Arizona market. Please reach out to me. Thanks!

Post: Private Funding for Investors

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

I am looking for a private investor for mainly Arizona properties. I have a track record. Please reach out if interested.

Post: Cheapest Hardmoney Loan you have every received?

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

Any chance your HML lends in AZ?

Post: Cheapest Hardmoney Loan you have every received?

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10
Originally posted by @Narek Ibranyan:

Im a Hard Money Lender myself and our rates start 7.5% and our points start at 1.5. 10% fee is pretty high.

 Thanks Narek, Looks like your website says California only. Ill certainly keep you in mind if I head that way. I am in Arizona but still curious what other people are getting. 

Post: Cheapest Hardmoney Loan you have every received?

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

Mine is 10% and $250 in fees. Whats the best anyone has seen? 

Post: Apartment with 10% downpayment

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10
Originally posted by @Benjamin Lapidus:

@Nic A that also lend in some parts of AZ.

 Who are the lenders that you are referring to? 

Post: Apartment with 10% downpayment

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

Yeah I guess I am open to both options. Theres a couple properties that I am looking at but I need to see the financing side of it. 

Post: Apartment with 10% downpayment

Nic A.Posted
  • Flipper/Rehabber
  • Chandler, AZ
  • Posts 35
  • Votes 10

Yes, I would like to find a lender that only requires 10% down.