All Forum Posts by: Trenton Doss

I'm a licensed real estate broker in the state of Missouri and I'm considering getting my mortgage brokers license. Does anyone have any experience in the area of mortgage brokerage while having an active real estate license? I figure that it would help my business grow while allowing me to make more money at the same time. I'm really interested in commercial loans as well as residential loan brokerage. My ultimate endgame is to build a real estate consulting firm that handles various aspects of real estate such as (brokerage, property mgmt, mortgage, etc). I'm also an up and coming investor and having my mortgage brokers license may help me secure financing for my own multifamily acquisitions as well. At this point, I'm just looking for advice to determine if this is a good course of action or not. I already spoke to my state licensing organizations and there is no conflict of interest if I hold both licenses. 

I'm a real estate broker and investor and I'm looking to start a real estate syndication network with the goal of acquiring multi-family properties in the midwest. I've been working with an attorney and I have a PPM (private placement memorandum) drafted. I'm a focused an determined investor that has over ten years of property management experience. I would like to get advice on ways build a network of companies and organizations that would be helpful in my endeavor.

I'm a real estate broker in Saint Louis, MO and I worked as a property manager for 10+ years. I recently lost my full time property management job right before the Coronavirus outbreak. Luckily my wife works for the government and has stability with her job (and income). I sell property for additional income but planned to acquire multifamily property (using the BRRR method). My wife recently noticed some cracks in various parts of our home and believe that it may be a possible foundation issue. Eventhough its not confirmed that there are any existing foundation issues, she's very set on the urge that we should sell our home asap. We've owned the property for less than a year. The property was completely renovated and epoxy was added to the basement during the renovation. The property was inspected before purchase and no made structural items were discovered. As a broker, I believe that the local market may take a hit (due to the increased rate of unemployment). However, I also understand that he market will rebound at some point. I still plan to actively focus on my acquisition of multifamily investments but I'm still struggling with the plan to sell my personal home. Should I wait it out? Should I sell before the market takes a hit or should I look into finding out more about the cracks around the house? This situation is difficult for me because it occurred while I was in the process of getting my reserve funds in order and working to obtain private money to invest in multifamily properties. If we sell the property? My family will most likely have to downsize because we have very limited reserve funds and I have very little income. Any advice from anyone?

I’m a real estate investor, broker and property manager. I have over ten years of experience in several aspects of real estate that range from resident property management (lease up) to commercial real estate acquisitions. I’m planning to network/partner with various private money funds to acquire cash flowing rental properties with the purpose of providing preferred equity as well as substantial return on investment. The criteria for investment partners and private lenders is displayed below:

1. *Private Money Lenders or accredited Preferred Equity Investors

• *Must be able to provide 100% financing
• *Non-Recourse loan packages
• *Must be able to provide funding for rehab/repairs (if applicable)
• *Must be able to provide interest only bridge loans (and other types of loans)

This business partnership will provide investors with an opportunity to diversify funds, obtain tax benefits, and obtain a sense of long term financial security. Feel free to contact me for more information.

I'm currently working with him now. So far, things are going smoothly. However, I'm am concerned when it comes to bridge loans and private money. People have tried (and failed) to scam me in the past. 

Lisa, how was your experience with them?

I'm currently working with them and I'm not 100% sure about them as well. I've been speaking with willie. If anyone has successfully closed a deal using batch money LLC, let me know

I'm a real estate investor and I'm looking to build a network of contractors for rehabbing properties in the Saint Louis metro area. I'm using the BRRR method and plan to start obtaining bids for rehabs within the next 30 days. Feel free to send in any recommendations for any good contractors/rehabbers in the area. Thank you.

I'm a property manageer, real state broker and investor in the Saint Louis metro area. I have private money funds to cover the debt side of my deals but need equity investors to cover the downpayment and closing costs associated with my real estate acquisitons. If you're interested in partnering with me or would like to know more information, feel free to reach out to me.

I'm a real estate investor in the Saint Louis, MO area and I have a real estate deal in place for a 48 unit apartment building. I already have a pre-approval for 80% of the property value. I'm looking for a private equity investor to obtain the remaining funds. The details are listed below.

Listed property value-$1,640,000

Commercial Loan Pro-Approved Financing- $1,312,000 (80%)

Forced Appreciation Value- $3,175,000 or higher 

The amount that I am requesting is 20% to cover the down payment for the acquisition of the property and additonal funds to cover the costs for repairs and rehab. The total amount that I'm requesting is $938,000. I'm looking to get the necessary funding within the next 30 days. Reach out to me for more details.