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All Forum Posts by: Spencer OBrien

Spencer OBrien has started 4 posts and replied 79 times.

Post: Has anyone done business with this company or person

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
Quote from@Brad Srutowski:

also, if you could at least send me his current contact info and let me know how he is advertising or how he got a hold of you that would be great. It will be info i need moving forward with my collections people for him.

@Brad Srutowski, he sent me an email today if you still need a contact.

Post: Financing a syndication deal

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4

@Phil Carpenter

I realize this post is a bit old, but I am looking to apply the same approach. I have a HELOC set up on my primary and am considering using the funds to invest in a syndicated multifamily deal. What I was specifically looking for is whether or not I can write off the interest I pay on the LOC, like I could if I were to invest in a rental owned solely by myself. Obviously there is potential for downside financing the investment, but I don't see it much different than investing in properties myself. IF the syndication property were to achieve an IRR of 20% and my interest rate is 5%, why not invest and make 15% on my investment while being completely passive? Is this what you are looking to do as well Phil?

Post: Should I build to rentv

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
I’m considering this as well. Researching what it costs to build out medium finished 2000 sq ft property. I can buy land for in the 20 range. Pay cash for it all and avoid most of the holding costs while building. Also looking for the downside.

Post: NOT ON MLS - Garland Flip/ Rent - 105k!!

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
Can you email me more information to [email protected]? Thanks.

Post: Crazy McKinney for 225k!

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
Please email me details to [email protected]

Post: Off Market Wylie, TX Flip

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
Send me the details please! [email protected]

Post: Off Market Bedford TX Flip

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
Interested. Please email me details. [email protected] Thanks!

Post: Deals! 25-55% Of Market Value! Already Purchased From The Banks!

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
Please send TX listings to [email protected] Thanks!

Post: Off Market Flip in Country Aire Estates, Rowlett!

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4
Please send me the details [email protected] Thanks!

Post: Flip and Fix Property in Wylie Texas

Spencer OBrienPosted
  • Investor
  • Wylie, TX
  • Posts 102
  • Votes 4

I see it was an MLS deal that is pending. Thank you!