All Forum Posts by: Rey Perez

Father of two beautiful DADDY'S BOYS Which all I want to do is be the best I can.

I have wholesaled 5 properties in the past,

I've 9 years experienced customer service management,

With that being said my question is I want to acquire a 4 / 3 unit occupy one rent out the others but for some reason ALL landlords I'm coming accross DO NOT WANT an FHA loan because they are a "pain in the you know what" as far as inspections for the seller.

So what would be my best alternative...

#1) Bring a money partner to help me quialify for a conventional loan?

#2) im thinking about blasting some marketing out in the area as well or skyptrace them by going to the cort house records?

Or maybe go lower as far the number of units, although I have big vision and obviously wanna maximize the residential space on the 4 unit space?

Any great feedback or insights will be greatly appreciated.

Be safe

Rey

Greetings, Biggerpocketers! 

I came across a good 8 unit investment opportunity in the area and would like to receive some feedback about the area itself, I have invested in Allentown area previously.

Any advice would be appreciated. 

I appreciate the information.

That makes a lot of sense as well.

Now, Would there be a better way of structuring a deal where we can all Reduce the risk when dealing with International Partners? ( JV / LLC & Operating Agreement / P.P.M. / etc...)

Thanks for the clarification.

The picture is way clearer now, and you are indeed correct the individual did not inquire about my Business Plan nor any References which I could have furnished upon request however they stated they landed on my website through an Investment Property my VA helped me advertised online.

Now, in the event that answer for all of the questions you mentioned above is "Yes".   How would you better structure a deal with a Funding Partner outside of the US?

@Wayne Brooks  Understood.  In the event that you were in my situation, how would you better structure a deal with an International Funding Partner? 

I am a beginner Real Estate Investor operating in the State of Pennsylvania. throughout friendship and networking I have developed local as well as International Connections and they requested me to fund me a Personal Loan of $1.5 Millions for a 10% fixed Interest for 5 years with a Balloon Payment at the end of the 5 years, The Funding will be used for my Real Estate Investment Business (Buying & Selling Houses, Buying & Holding Houses ) . He sent me a Promissory Note. i'm planing on creating an LLC and a Operating Agreement spelling out our partnership. I want to find out the Legitimacy of the Funds and the partnership since he's located in Nigeria. Also wanting to know how can i better structure the agreements and paperwork needed. Any advice will be Highly Appreciated.

Thanks For Your Feedback Joshua,
Is Appreciated I Am Heading Over The Article Now

What Investor Friendly Title Company Or Good Attorney, Would you recomend?

Thanks, in advance.

Oh OK, wish you a smooth, and a non-surprising closing.

In regards the attorney, that's just fine because he can provide me guidance which is very important

Hey whenever you're ready to come back [: WE'RE gonna have a pile full of deals waiting (implementing my dedication & effort).

That's totally what I am aiming for, it feels good isnt't it? Hey Mathew would you have any good reference for a Title Co or RE atterney?