All Forum Posts by: Ryan Gettelfinger

This makes the surrounding towns; Sellers-burg and Charlestown an interesting play. They both could see growth with the Amazon in Jeffersonville being so close.  Too early to tell though.

Hey Clay, Do you have any General Contractors you recommend?

Hey Adrian,

I have started a campaign in Louisville and am expecting to have properties available in the next one - two months.

Lets connect. - Ryan

zenwindows.com have provided me windows twice now on a decent price. Would be interested to hear others as well though. 

Great Thread

I have tossed around the idea of this but have not found a way to target motivated leads on FB. And without a way to target the motivated individuals it becomes a bigger expense then necessary. I believe google adwords is a more effective method because you can target words such as "sell my house fast etc."

Imagine a world where someone hands you 100k and says “Find a way to grow your business and return this money to me one day”...... How would you grow your business / net worth/ cashflow the fastest way possible?? Basic assumptions ... Fixer upper houses start at 75k in your market. Fixed houses go for 150-200k in your market. You are bankable and can Rent, Flip it wholesale.. What’s the most creative way would you grow?? Most point rewarded for creativity within reality.

A lot of good suggestions on here. I would also include "Money: Master the Game" by Tony Robbins for psychological benefits , "Tax Strategies for the Savvy Real Estate Investor" by the Macfranland's for money saving strategies,  and any book by J. Scott  for flipping knowledge.

Sounds like you are letting them walk over you. Be assertive and stand up for your needs. Tell them to leave. Best of luck!!

Hello BP. I need some help figuring out my options in taking down this deal. 

There is  triplex that I want to buy at roughly 110-120k. I have a commitment from a private money investor for 65k on a balloon loan for a but they like to have the their loan guaranteed with a mortgage. The seller may be interested in carrying back the rest of the loan. But I'm not sure how that would work. 

Would that require for the triplex to have two mortgages on it, one to the private money investor and one to the seller? 

If that doesn't work I can raise the rest of the funds from additional private investors but I'm not sure if I would run into the same issue. How would I work out the technical aspects of combining multiple private investors into one purchase?

Kind of lost and just want to know what is possible. Let me know!

Thanks, Ryan 

Private Money, Creative Financing, Multifamily Investing, Seller Carryback Loans, Southern Indiana, Louisville,  Jeffersonville