All Forum Posts by: Scott Jordan

Seth at 1st Advantage Bank in St Peters. 

Welcome to BP @George Sykes. I work both sides of the creek. St Charles County Mo and Marion IL. 

@James Danchus I agree with you, It is harder in St Chuck county than in other areas of St Louis driving for dollars. St Peters and O'Fallon are both hard markets to find off MLS properties. Just keep plugging along and you will find them.

Brett Welcome to BP

Hi, Scott I actually live in Southern Illinois (Marion), Welcome to the area. Hit me up when you get here. There is not many of us that far out to network with. 

Robert Gunther it depends on your exit strategy. I love foundation issues and I currently looking at two properties for fix and flip with foundation issues. Here in the States, most conventional loans won't qualify since the house as is can't pass an inspection. I will get it fixed by a reputable repair company that offers a lifetime transferable warranty. The house then qualifies for conventional financing. My experience is a small portion of buyers 10% or so will be just turned off since it will be disclosed, another 10% or so will try to think since it was there you should accept a lower price, but the other 80% don't care since it's now fixed and they have the warranty.

Renee R. Have you looked at the Bamboo wood. I am starting a flip the week after next and am using a full thickness solid Bamboo on it. It's refinishable easy to install and can be done for the same price point of a laminate flooring. I also plan to market it to my end buyer the fact that it is a green environmentally friendly product.

Is their a Private Lender that will quickly review my Executive Summary and provide me some feedback? I am not looking for legal advice or soliciting an investment. I am just wanting some guidance on how I have it structured before I submit it to a Securities Attorney for review. 

I have a great realtor based out of St Charles County. Just across the Missouri River from St Louis. Drop me a message if you want her contact info. Also, let me know what you are looking for.  

Welcome Pat. I am working out of St Chuck county. What type of partner are you looking for?