All Forum Posts by: Ralph C.

Hello everyone!

I am retaking the Georgia Salesperson Examination ( Real Estate Practice in Georgia and the National-AMP). I failed it by 7 points. I have studied and understood a lot of RE practice exams and still studying. 

Please any advice or what to study to pass the Georgia Salesperson Exam? Books or other materials to read in order to pass this exam successfully.

Thank you very much. 

Hello BP community,

I've finally decided to start investing in real estate. I'm already pre-approved for an FHA loan and a huge perk is that I can eventually apply for a VA loan (since I have military background). I want to invest in a MFH 3-4 units at least. I also want to know where I can find information about first time home buyer grants, I've tried looking on government sites but came up with nothing.

Originally, I wanted to work with a few friends who happened to be "realtors" but lately it seems like they're not interested In really finding a deal or bringing me good off market homes.

I'm in NEED of a knowledgeable, experienced realtor. One who knows the south Florida market well.

If anyone is interested or if any one can point me in the right direction I would greatly appreciate it.

First time posting on here, so excuse me if this isn't the right place to ask for help.

Thank you all for your time.

John Leavelle thanks for the info John! But this is considered residential because it's a Triplex, Fourplex, and another building similar to the Fourplex but the current owner turned the downstairs units into storage for his tools. I'm going to see lenders asap today actually. But even if I can't refi for awhile.. the property still cashflows really well.

@Ralph C. The bottom line is he needs to work with a credit repair agency to repair his credit and bring the score up to where a conventional lender will do a loan.

@Tommy Mosley Given your credit you are going to have a hard time getting the equity out even with portfolio lenders. As your credit drops, so does the LTV. So you might be able to get a loan, but at the LTV that you can get you will likely not get any cash-out.

Good luck.

Hello All! I am new to this group and need some direction. I'm a licensed realtor in Atlanta Georgia, and looking to start my own property management company. Can some one be tell me. what should I do first? Logo, website, domain name, etc? I not looking to blow up over night, but want to be a company people will rely on. Please help me!

Hey!

My wife and I moved to KC to start our real estate business.  We have some flips and some rentals.  Our rentals are with a great PM company here.  We are very happy.

We had been renting out our old house in the Savannah area (a mile from South Effingham HS) to someone who was supposed to buy it.  She was not able to qualify, so now we are trying to sell it again.  I'm not optimistic we will get what we need out of it, so renting may become the best option again. 

Here is the property:  https://www.zillow.com/homedetails/204-Freedom-Trl...

Does anyone in/around Savannah have recommendations for a property manager?  The house is nearly brand new, built in 2013.  It's in great condition.  Great mechanicals.  2-3 shingles damaged from the storm this last fall. 

How does one decide on which areas/zip codes to look for deals?

Ralph C.