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All Forum Posts by: Timothy Edwards Jr

Timothy Edwards Jr has started 5 posts and replied 11 times.

Rehabbing & House Flipping

Post: 203k Loan vs Hard Money

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1

@Sean Blomquist I am planning on living there for 2 years. I just don’t qualify for conventional financing

0 Votes
Rehabbing & House Flipping

Post: 203k Loan vs Hard Money

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1

Is it possible to buy and rehab a house using hard money under your LLC then purchase it in your personal name using a FHA loan? Or is it best to just try to get a 203k loan?

0 Votes
Goals, Business Plans & Entities

Post: Rental Property Portfolio

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1
$200k in a self directed IRA... Aiming for 10 cash flowIng properties by 2020 Is this possible????
0 Votes
General Landlording & Rental Properties

Post: BRRRR Strategy Investing

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1
@Jason DiClemente in your first deal; what were the snags or issues you ran into? Anything that you wish you would’ve known before hand?
0 Votes
Wholesaling

Post: Wholesaling in Michigan

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1
How to acquire Tax Deliquent lists in Michigan? For some reason, I cannot access the county tax assessors website. Any advice for wholesaling in Michigan specifically???
0 Votes
General Landlording & Rental Properties

Post: BRRRR Strategy Investing

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1
@Jason DiClemente is a 700+ credit score required for hard money lending or just the 10% and 3-6 months “skin in the game”?
0 Votes
General Landlording & Rental Properties

Post: BRRRR Strategy Investing

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1
@Jason DiClemente the 3-6 months of payments is for holding costs?
0 Votes
General Landlording & Rental Properties

Post: BRRRR Strategy Investing

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1
@Alex Deacon you’re the man ! Thanks a lot
0 Votes
General Landlording & Rental Properties

Post: BRRRR Strategy Investing

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1

@Alex Deacon do you think conventional financing is better than private money or hard money? Or is it a personal preference thing?

0 Votes
General Landlording & Rental Properties

Post: BRRRR Strategy Investing

Timothy Edwards JrPosted
  • Rental Property Investor
  • Clinton Township, MI
  • Posts 13
  • Votes 1

Any tips on preparing for my first real estate deal? Ideal credit score or capital on hand? Any step by step guides for BRRRR Investing?

1 Vote