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All Forum Posts by: Payne Wald

Payne Wald has started 5 posts and replied 17 times.

It may also be worth mentioning that there is limited appreciation opportunity with this property so cash flow will be key.

A partner and myself are looking at a potential buy and hold property. It should cashflow very well and all the numbers work out. When looking at financing though we are torn as to which direction to go. We can both afford the 20% split down the middle (albeit it would be a large chunk of our existing cash), however we also see an avenue for bringing in someone else who can pay the 20% down and a guaranteed return while we don't pay anything out of pocket. This structure would eliminate about half of the potential cash flow though.

Does anyone have any experience with a situation like this or have any recommendations on which option to pursue?

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: New Investor from DFW

Payne WaldPosted
  • Posts 17
  • Votes 6

Hi @Aaron Belt! Thanks for reaching out, I have not looked into that but will make sure to do so. Always interested in learning about new areas of opportunity!

Post: New Investor from DFW

Payne WaldPosted
  • Posts 17
  • Votes 6

Thanks @Cassi Justiz, I appreciate you reaching out! The OKC area is high on my interest list so I’ll be sure to reach out if I have any questions! The prices in that area and the relative proximity to DFW dose make it really appealing!

Post: New Investor from DFW

Payne WaldPosted
  • Posts 17
  • Votes 6

Hey Everyone!

I'm new to real estate investing and have been actively researching and gathering as much knowledge as possible for the last couple of months. I'm currently a digital marketing analyst in the hospitality industry, I really enjoy my job and marketing strategy in general but love the possibilities that investing in real estate could provide for me and my family.

I have a decent idea of what I'm looking for but trying to figure out the first steps to get started. I want to start with small multifamily property, but would also consider single family to start with. Currently I'm looking within the DFW market but due to current prices I'm considering looking elsewhere. 

I'm looking forward to engaging with new people, contributing anyway that I can to this community (albeit with limited knowledge as of now), as well as continuing my REI education.

Post: So what's holding you back?

Payne WaldPosted
  • Posts 17
  • Votes 6

For me it’s a combination of fear that no experience will get me into a bad deal and trying to find the right starting point. Being in DFW is not the cheapest market, deciding if I want to find something local or look elsewhere is a contributing factor as well, not sure it’s the best idea to do my first deal remotely with no experience.