All Forum Posts by: Sarah Miller

Thanks for the input @Ben Leybovich.  I am still in the very beginning stages of even learning how the private lending situation can work.  I have 1 private lender but its a family member and they really don't have much more they can do.  I've gotten to the point of having 2 properties about to close and haven't even been doing this seriously for 3 months so I'm trying to figure out how to keep going.

Also, I am doing a buy/hold strategy right now, hoping to get at least one more cash flowing property before considering fix/flip strategy.  I'd like to do both eventually.

@Tim Mitchell Thanks for the tease lol.  I will be working on my networking once I close on my current 2 properties.  I'm a numbers person too (finance degree and MBA) so maybe I could get along :-).

@Marcy Albrecht I do want to try to come one of these times but I work through the day so I have to get off one morning to come!

Thanks everyone :-).  Hopefully I can continue growing since I've already gotten a great start!

@Matthew Nixon

 What if I don't have much money to put down of my own cash?  I'm already acquiring 2 other duplexes so I'm about washed out on cash.  Can I have my cake and eat it too?

@Jared Lichtin & @Don Harris

 Thank you for the advice!  And thanks everyone else.  I have tried googling private and hard money lenders but I am not sure about the process of these and how to know a sketchy one.

@Greg Behan

 How do hard money lenders work?  I haven't really looked into them because they sound sketchy to me...

Hi!  Is it possible to contact a financial institution who does SDIRAs and ask them to reach out to their clients about possibly investing in real estate? 

I am really struggling with HOW to find private investors!! 

Do I find a property I like first?  I can't possibly get something under contract without first showing proof of funds -

So I thought maybe I could have a few private lenders lined up, go find a property I like, take it back to the few possible lenders I might have and then get a commitment which would then allow me to make an offer...

Have you posted like this before?  Is this a good way to find personal investors/lenders?

@Darren M.

I know exactly which property you are referring to.  I was also looking at it when it came on the market although I wouldn't be living there.  I would be extremely hesitant if I were you since you are looking to live there.  You say you used to live a few streets down and it was fine, but Canton is very odd in that usually that's all it takes to get in a very bad area of town.  Canton is extremely spotty with good/bad areas and where this property is located, I definitely would NOT be living there.  As just an investment property, its perfect.  I would wait for the owner occupancy condition to be lifted OR reach out to the listing agent to see if they would humor an investor offer.  We did and are about to close on one just like that.