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All Forum Posts by: Angelo Webb

Angelo Webb has started 2 posts and replied 9 times.

Post: Raising Money to lend

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

@Ben Bakhshi Yes that is considered private lending, and is the best to have will flipping.....If the term are good.

Post: Eviction Attorney Recommendation

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

I use Matthew Chase he is awesome and very diligent. I also own a property management company here locally. If you need any help you can PM me.

Post: St louis County

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

@Mukil K. I do not, I have always found my deals myself. And rarely have worked with an agent.

Post: St louis County

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

Chesterfield is a high entry cost but is VERY desirable. I have one rental in Chesterfield but it is our first family home.  We rented it with in days and it has never been vacant(4 years). Nearby in Ballwin/Manchester entry price is a lot lower and cap rate and cash on cash is higher.

Post: LIHTC construction

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

Anyone here have experience in LIHTC in new construction? If so what are the advantages of a developer using this particular stratgey.

Post: First Flip $100,000+ Profit, SOLD IN 1 HOUR!

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

@Tyler Leonard Awesome job!

Post: Raising Money to lend

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

@Travis Sperr What license would I need specifically? 

Post: Raising Money to lend

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

This is why i love BP! Thanks guys!

Post: Raising Money to lend

Angelo WebbPosted
  • Specialist
  • Houston, TX
  • Posts 9
  • Votes 0

Is it legal to raise money then turn around and lend it? For instance If I know a investor who is looking for funds, backed by income producing property. Terms: 15%, 18 months, with balloon payment after 18 months. Could I get a group of people and raise the money pay the group 10% and pocket the 5%?