All Forum Posts by: Richard Helppie-Schmieder

Looking for 80% LTV for a fix and flip then rolled into a DSCR or a fix and rent.

Deal points:

Purchase: $308,000
Rehab: $160,000
ARV: $499,000

We are adding an ADU to the back of the property. We have done this 5 times already and this would be the 6th one. Looking for 80% leverage on LTV to be out of pocket $68,000 and long-term holding rates in the 6-7%. Currently we have executed on this with commercial loans with local banks, but that is not the route we want to continue due to higher down payments ($100,000+) and higher interest rates at WSJ Prime +1 (sometimes +.5).

Are there any loan options out there I am missing to keep out of pockets costs under 100k? If you are a lender in the Dallas area I can meet up with you personally.

Thanks,
Richard

Hi friends!

We host a real estate investing group in DFW area twice a month. Third Thursdays is the "Cornament", a cornhole tournament for real estate investors and interested homebuyers alike. Enjoy a little competition or come to learn and mingle. This is a great opportunity to meet and network with other like minded individuals who are either already in the real estate investing world or are looking to begin and just need some guidance. We focus on making intentional connections and relationships that build a network of friends who can help each other meet their real estate goals. What better way to do so than through some good ol' fashioned competition, cornhole and craft beers on us!

Come mingle and brainstorm with others and see what they are learning or are currently doing in the real estate industry. Real estate is a team sport and we'd love to have you!

RSVP Here!

6PM-7PM- Food, drinks and networking
7PM-7:30PM- Introductions and education topic
7:30PM-9PM- Cornhole tournament, networking, food and drinks

Welcome to our real estate meetup group!

We host two meetups around DFW area every month and this Saturday, April 6th at 8AM is our free morning meetup. This is a great opportunity to meet and network with other people who are either already in the real estate investing world or are looking to begin and just need some guidance. We focus on making intentional connections and how to build a network of friends who can help each other. Come mingle and brainstorm with others and see what they are learning or are currently doing in the real estate industry. Real estate is a team sport and we'd love to have you! Coffee and donuts will be provided to please be sure to RSVP. We hope to see you there! RSVP here!

Calling all aspiring homeowners! Are you ready to embark on the exciting journey to owning your dream home? Join us for a special brunch event tailored just for first-time homebuyers!

As your trusted DFW Realtor, I'm thrilled to invite you to an evening filled with invaluable insights, expert advice, and plenty of excitement. This isn't your average seminar; it's a fun and interactive class designed to guide you through every step of the homebuying process. From understanding mortgage options to navigating the complexities of contracts, we've got you covered.

So, come raise a glass with us, mingle with fellow future homeowners, and let's toast to your bright new chapter of homeownership! Don't miss out on this fantastic opportunity to turn your homeownership dreams into reality. See you there!

Calling all aspiring homeowners! Are you ready to embark on the exciting journey to owning your dream home? Join us for a special 2 hour Happy Hour event tailored just for first-time homebuyers!

As your trusted DFW Realtor, I'm thrilled to invite you to an evening filled with invaluable insights, expert advice, and plenty of excitement. This isn't your average seminar; it's a fun and interactive class designed to guide you through every step of the homebuying process. From understanding mortgage options to navigating the complexities of contracts, we've got you covered.

So, come raise a glass with us, mingle with fellow future homeowners, and let's toast to your bright new chapter of homeownership! Don't miss out on this fantastic opportunity to turn your homeownership dreams into reality. See you there!

RSVP HERE

I wish I could tag him. I'll DM

Hey yall! There was someone on this site who had a "master list" per se of all the DFW meetups. I am only seeing a handful of events on the events page of BP compared to what he had and it was for the Dallas, Ft. Worth area. I believe his name started with a B, but looking to do more outward networking this year and would love to see the list.

Hi friends!

We host a real estate investing group in DFW area twice a month. Third Thursdays is the "Cornament", a cornhole tournament for real estate investors and interested homebuyers alike. Enjoy a little competition or come to learn and mingle. This is a great opportunity to meet and network with other like minded individuals who are either already in the real estate investing world or are looking to begin and just need some guidance. We focus on making intentional connections and relationships that build a network of friends who can help each other meet their real estate goals. What better way to do so than through some good ol' fashioned competition, cornhole and craft beers on us!

Come mingle and brainstorm with others and see what they are learning or are currently doing in the real estate industry. Real estate is a team sport and we'd love to have you!

RSVP Here!

6PM-7PM- Food, drinks and networking
7PM-7:30PM- Introductions and education topic
7:30PM-9PM- Cornhole tournament, networking, food and drinks

Hi Nicholas, please reach out to me through a DM. I am selling a duplex I own on Junius Ave and can connect you with people in the area. I also host 2 monthly real estate events, no sales, all education and networking. I would love to meet you, just reach out!

Welcome to our real estate meetup group!

We host two meetups around DFW area every month and this Saturday, March 2nd at 8AM is our free morning meetup. This is a great opportunity to meet and network with other people who are either already in the real estate investing world or are looking to begin and just need some guidance. We focus on making intentional connections and how to build a network of friends who can help each other. Come mingle and brainstorm with others and see what they are learning or are currently doing in the real estate industry. Real estate is a team sport and we'd love to have you! Coffee and donuts will be provided to please be sure to RSVP. We hope to see you there! RSVP here!