All Forum Posts by: Nidal Daraiseh

Thank you all for responding. 

Hi all - does anyone have experience with any lenders in the Smokies that have decent terms - in the range of 15% LTC of land and build? I am looking at building 2 very large cabins. Feel free to privately message me as well. Many thanks. 

Does anyone have any recent experience with hard money lenders still lending or who have returned to lending in the past couple weeks? If so, what has your experience been, including in terms of interest rates, points or other matters. If anyone has any recommendations concerning true and tested lenders please either mention them here or message me separately. 

I'm also curious about people's experiences in raising private money from friends, family and personal network and whether there is a preference over using HMLs. I have had discussions with friends and family who indicated interest but when things got real and I was discussing providing a 12% return people were still very reluctant - ultimately there is too much worry and if you have never done this before its hard to pull the trigger. 

Many thanks. 

Anyone here have a sample packet / presentation you provide a potential private lender?

ok thanks

@Denyse Dar tell us about De Moines

Maybe do a STR mastermind? That would be cool and I'd want to be a part of it. Thanks!

Hello - I'm looking to purchase 4 unit buildings (and larger) in Cleveland. Ideally in C and B type neighborhoods and not in East Cleveland. I also prefer vacant properties that require law to average rehab. If you have anything or know anyone I should connect with please private message me to further discuss. Than you!

What do all the Chicago investors say to those people ( a certain well known someone) that insist that you should not invest in Chicago multi-family. Granted Chicago is a big city with varying levels of opportunity depending on neighborhood, but just wanted to get some inside insight! Thanks. 

This is a great thread. I'm in the process of doing a BRRRR in Cleveland and would be interested in connecting with people who have experience lending. The deal is solid and I can guarantee repayment (based on my personal income) regardless within 6 months maximum. If anyone wants to talk through some of what is needed with regards to terms / structure to make it appealing to private lenders (not hard), I would love to have a chat. Many thanks.