All Forum Posts by: Tito Burgos

Scott I'm in Jersey and may be able to fund your deal. PM me.

thanks

PM me details.  Thanks

PM me with info I may be interested in going in with you 

Stacey, if you're looking for private money sources, how much are you looking to borrow?   I may be able to help.

I've been investing in RE for a 15+ years now and would like to get into underwriting notes and reselling them on the secondary market.

Looking to team up with someone who has done this and who can walk me through the process.  

Thanks

PM me for terms.   

Preffer experienced investors with established team.

@Justin Eaton I've been trying for two years, started in my area, then expanded to Tampa, FL and even looked in some parts of North Carolina.  Had some really close calls in Tampa and got into contract a few times but the deals fell through.  It's a seller market for multi-families and these investment groups that can pay more for properties making it more difficult for the single investor. 

@Eric Jacobs that's exactly my plan.  I was a bit hesitant to take on partners without experience and working out the kinks.  However, in my area, $300k can be used up by one flip deal, this is why I was considering gap funding to spread the risk.  I'm still trying to fully understand the risk of gap funding to see if it's worth the trouble.

@Jay Hinrichs thanks for the information, you've giving me some areas I need to research.  Never heard of a participation note.

@Jeff Piscioniere I tried seeking partners for a multifamily purchase, join some REI groups, even posted in the marketplace here but couldn't find anyone in my area.

@Jay Hinrichs thanks for that feedback. I was thinking only interest but profit share is a good idea. So is this done by forming a JV with the borrower and the step in agreement is in the OA of the JV?