All Forum Posts by: Steve K.

@Steve K. Ummmm your post literally made my heart jump! The man I will be speaking with tomorrow his name is literally “Steve K.” as well. I’m guessing a different last name, but still that definitely threw me for a loop! LOL, wow

Great advice, thank you for taking the time to reply. Much agreed

I’m going to my first real estate seminar tonight. It is presented by Than Merrill. Is there anything that I should ask or listen to or do while I’m there to get me further ahead on making my first deal?

 I'd have my first investment property if I could find a loan that 

A: Didn't require most of my operating capital as a down payment

B. Was a smaller loan

I've talked to both of the loan companies that BP recommended me when you click in the "looking for a loan" ad in the forums. The first company would let me print up an approval letter anywhere from 55,000 to 165,000, but they wanted me to put in 30,000 no matter what. Well I need those funds to rehab and have a as a buffer, and personally I'd rather get 2 properties for 40,000 than one for 80k

I guess I'm just not looking into the right type of loans, or need to network and find investors. IDK

@Jay Hinrichs deserves a lot of credit here.  Always humble, excellent podcast, and took time from his busy schedule to help me out. 

@Jay Hinrichs has a podcast?

Following this thread, we are a group of abt 10 doctors/dentists (all good friends) who want to jump into commercial RE with long term goals. Will we need to form a syndicate to start a group?

Hey congrats @Cal Rohrman! Curious, being it's a 42 unit, the numbers still made sense to syndicate? Reason why I ask, for deals that size usually a syndication doesn't make sense because of the fees. We would usually just JV something like that with a few partners involved.s