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All Forum Posts by: Torey Carden

Torey Carden has started 4 posts and replied 16 times.

Post: New member

Torey CardenPosted
  • New to Real Estate
  • Indianapolis
  • Posts 16
  • Votes 3
Originally posted by @Rich N.:

Hi ! Welcome to BP

 Hi Rich,

Thank you.

Post: New member

Torey CardenPosted
  • New to Real Estate
  • Indianapolis
  • Posts 16
  • Votes 3
Originally posted by @Muhammad Abdullah:

@Torey Carden

Welcome to BP.

Congrads on your resolve to continue to push forward.

Good Luck..

 Thanks Muhammad for the welcome and encouragement, wishing you the best as well.

Post: New member

Torey CardenPosted
  • New to Real Estate
  • Indianapolis
  • Posts 16
  • Votes 3
Originally posted by @Matthew Minor:

@Torey Carden, I live in Durham and would love to talk more.  What are you interested in looking for?  I'm an Realtor here and also work with other investors in the area looking to buy and possibly partner.

Good luck on the adventure and let me know if I can assist.

Matthew,

Thanks for reaching out and offering your assistance. I have always been interested in multi family like small apartments, and to connect with private partners to help them diversify grow their investment while helping me grow my real estate business. I would love to connect, I will send you a request and from there I will give you my email address, thanks

Post: New member

Torey CardenPosted
  • New to Real Estate
  • Indianapolis
  • Posts 16
  • Votes 3

Hi,

My name is Torey and I'm from a very small town of South Boston, Va.

I have only dabbled a small bit in real estate when I had to relocate to Richmond Va to grow what was then my home improvement business which was back in 2004.

At the time we rented out our home 200 dollars less than what the actual mortgage was "yep" that was a very bad idea.

From that experience we learned a lot ( you think.) :-) Thankfully that didn't put a sour tast in our mouth but only drove home the desire to LEARN about real estate and becoming entrepreneurs in that space.

So if anyone is near me either in Va or North Carolina being that I'm only hour away from Durham would like to reach out and network it would be a great privilege. Looking forward to this awesome journey and to create long term wealth for my family and beyond.

Kind regards,

Torey 

Post: Family member in foreclosure

Torey CardenPosted
  • New to Real Estate
  • Indianapolis
  • Posts 16
  • Votes 3

Hello BP Fam,

I'm new to the real estate investment space and need some guidance in particular foreclosures.

My wife father's home is going to be sold by mid mouth around the 15th or so in August by the way of foreclosure (Court house steps) The reason is that he has now been relocated to a nursing home to receive the proper care that he needs. My wife and I can not maintain two separate house holds and so she and he brother decided to let the house go into foreclosure. The home has two mortgages that was taking out which totals way more that what the house is worth to pay month to month.We would like to either rent it out or flip it, but homes in this area are not moving and realtors have more inventory than there are buyers. Now my question is how can I mange to use this now opportunity to raise private funds to buy it back and use this home as our first step in starting a real estate investment career? My medium goal is to get into apartment buildings and now this may be the path of getting to that goal, any and all suggestion are welcomed, Thanks

Post: Family member foreclosure

Torey CardenPosted
  • New to Real Estate
  • Indianapolis
  • Posts 16
  • Votes 3

Hello BP Fam,

I'm new to the real estate investment space and need some guidance in particular foreclosures. 

My wife father's home is going to be sold by mid mouth around the 15th or so in August by the way of foreclosure (Court house steps) The reason is that he has now been relocated to a nursing home to receive the proper care that he needs. My wife and I can not maintain two separate house holds and so she and he brother decided to let the house go into foreclosure. The home has two mortgages that was taking out which totals way more that what the house is worth to pay month to month.We would like to either rent it out or flip it, but homes in this area are not moving and realtors have more inventory than there are buyers. Now my question is how can I mange to use this now opportunity to raise private funds to buy it back and use this home as our first step in starting a real estate investment career? My medium goal is to get into apartment buildings and now this may be the path of getting to that goal, any and all suggestion are welcomed, Thanks