All Forum Posts by: Vinay Kolluru

@Jason E. Smith incredible answer!

@Jake Wosick

GPs put up at least 10% of the required equity in the deals I've been involved in. In many cases, it far exceeds 10%, but 10% is the baseline.

@Chai Jonn my understand is that yes you can

What direction do you see growth out of RTP going? At some point, the spillover into surrounding counties is inevitable. 

Hey Grayson, looks like a good deal. I am here in Cary and I'm looking to buy some land as well. I'm just not sure where to purchase because I don't know which direction the growth is headed...

@Loki Rao @Isaac Apsey

Here are the details. @Ryan Casady is the guy who runs it so get in touch with him to be informed of future events:

BP Enthusiasts -
Our next event is Wednesday, June 9th at 6:00pm.
Location:
Miltons Pizza and Pasta
8853 Six Forks Rd, Raleigh, NC 27615

This month we will have a guest speaker, Adam Schneider - a private hard money lender. Adam will walk through how hard money lending works and what to watch out for if you are a borrower. He'll answer any and all questions. Adam is a real estate broker, an investor (franchise operator with HomeVestors, the We Buy Ugly Houses people), an accredited private lender (American Association of Private Lenders), and has been providing loans in NC since 2015. His contact information is listed below.

Adam Schneider
Oakwood Lending, LLC

https://www.oakwoodlending.com/


Wednesday's Schedule:

6:00pm - 6:30pm: Arrive, order drinks/food, pick a table

6:30pm - 7:30pm: Presentation / Q&A

7:30pm - 9pm: Open networking

Welcome to BP! I'm out here in Cary myself. We have a local in person meetup this Wednesday in Raleigh. Do you have the details?

@Nicole W.

I only invest into syndications where the General Partners are investing money themselves. After all, if it's such a good deal, the GPs should be investing, right? I will PM you with more details.

@Mike Rodriguez do what the rich do: "hold forever, borrow against".

Keep the property, allow it to appreciate. But get as big an interest only HELOC as possible. And put your equity to work!