All Forum Posts by: Shannon Vinson

@Corey Chappell Man that's awesome. I definitely agree with having something to offer in exchange for knowledge or experience. But ok thanks man I'm going to keep this information on hand so I can always refer back to it! Again I really appreciate you taking the time to reply. 

@Corey Chappell Man I can't thank you enough for sharing this information. You explained everything perfectly, and gave me an entire action plan! That all makes perfect sense and I'm going to try to get to my local REIA as soon as they have the next meeting.

@Corey Chappell That's really good information thanks man! So how do I go about finding a good wholesaler? And how do I know if they're good?

@Jeff Tumbarello Great! What is your preferred method of contact? I would love to chat and see what we can come up with. 

@John Thedford That would be great! Anything you can provide would be greatly appreciated! 

@John Thedford Yes it is for sure. Could you tell me what you do as a broker? And how the process works for using a broker to purchase investment properties?

@Kyle Mccaw Thank you! I appreciate it. 

@Kyle Mccaw Yes it is! It is definitely the hardest part. But also the most important part. But ok thank you I will check them out right now. Do you know anything about his rates or if he has a website?

My friend and I are trying to get our real estate careers started, and we're finding it pretty difficult to afford the 20%-25% down payments for the properties in our area. We're interested in fix and flips to start out, and then work our way into rentals. We know that cash is king when it comes to buying power, especially in the current market. 

We've already had two potentially profitable properties snatched up before we could even go look at them. So we know that conventional financing just isn't going to work. So to me, a private lender makes the most sense in my situation. We are in the southwest Florida area; Lehigh Acres, Fort Myers, Labelle, Cape Coral etc. If anyone is interested please let me know. I would also really appreciate any advice that anyone can share for alternative methods of purchasing real estate with low money down, in my specific area. Thanks!  

@Chris Coleman

Yeah I agree completely. Like i said I absolutely plan to make communication a strong point in my business. With that alone I'll be ahead of most businesses. That's alot of really good information thank you!