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All Forum Posts by: Wayne Terry

Wayne Terry has started 14 posts and replied 31 times.

Post: Worth It To Use Hard Money Lender Starting Out?

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Thanks for all the help everyone. I know which direction NOT to take first!

Post: New to Atlanta Ga

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Thanks everyone for the welcome!

Post: New to Atlanta Ga

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0
Originally posted by Morris Lucas:
I am also starting out REI in Atlanta trying to focus on Dekalb and Rockdale County. PM me perhaps we can partner on some marketing and
ideas. Welcome to BP!

Sounds good send me an email and we can link up!

Post: New to Atlanta Ga

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Thanks everyone!
J Scott! I'm a big fan of your blog on 123flip. It would be great if I could see some of your work in living color. Thanks!

Post: New to Atlanta Ga

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Hello All,

I am new to Atlanta and new to REI. I would like to network with some local pros to learn the area and soak up some knowledge. I am interested in rehabs, wholesale and rentals. Thanks everyone!

Post: Worth It To Use Hard Money Lender Starting Out?

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Hello All,

I am looking to start investing relatively soon. I've done tons of research on investing via books, blogs and websites like biggerpockets. Now that that I know how I want to invest, the next question is where am I going to get the money and with what credit? Hard money lenders here in Atlanta has been the only option I have run across so far, but the terms are kind of tough 15% interest and a hefty down payment. Also no owner-occupy. I understand thats something I might to live with. Is this a good idea starting out? My goal is buy rental property and quick flips. Thanks!

Post: Looking for a change in life

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

I tried to send a message Geof. Thanks for that generous offer. Can I take you to get some coffee while I pick your brain?

Post: Looking for a change in life

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Sweat equity?

Post: Looking for a change in life

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Thanks for the quick response. I Have been reading books for the past few months now. My goal is to buy residential property to rent out. I have learned a lot reading several books and learning from my father. The biggest hurdle I have is financing the properties.

Post: Looking for a change in life

Wayne TerryPosted
  • Raleigh, NC
  • Posts 31
  • Votes 0

Hello

I want to get out of my retail career and move into RE investing. As a Game Stop store manager there is not much more room for saving for a down payment and I have to repair my credit. However there has to be a way for me to get started, any ideas?