All Forum Posts by: Tim Nicholas

Can I send an email to my friends and family and invite them to invest with me without getting in trouble with the SEC?

@Scott Davis

I am interested, PM me.

Thanks man

@Katherine Blazer

Likewise

@Katherine Blazer Katherine rocks. She can help you get in good space

I tend to agree with Tanner. Personally, I would prefer to keep the funds from that property coming in assuming the numbers will work for me once I do a cash out refi. 

Tanner I'm not sure what 2/5 is. Could you explain?

I am currently working on 14.5k monthly CF by 08/22 by doing a cash out refi on 4 SFRs, an a 11 unit, complete rehab on a 4 unit and 2 sfrs. I am at 8.3k now w/40 units and a couple of lots. Increase cash reserves 50k. Test market the air bnb space with some of my current units also buy a couple mobile homes to put on the lots. That should just about do it.

@Thomas J Mele

Why wouldn't you? As long as the numbers work and you are still profitable after the refi.

@Douglas Spence

I like your logic! The best time was years ago...the second best time is now!

Hey Raymond.  Yes, I have held them for 12 months + one is only a couple of months old. 

Thanks Jaron for your reply. I've worked hard to get my cc debts paid off and restore my credit score to the mid 750s. I am proud to say that they are all paid in full now! My next steps are to find the best solution for refinancing and a LOC for my business. After that my next goal is multifamily investing.