All Forum Posts by: Wiley Strahan

@Larry Caper This is amazing! Thank you for all of the references. I will have to start sorting through it all! Keep us updated on your journey. I am personally interested in hearing about your experience. 

@Larry Caper @Jack Davis I am also in the same boat as you two; going after a larger apartment complex for my first deal. Excited to learn with both of you!

Larry,

Do you have any resources you can share about commercial financing? I am familiar with the basics but would love to do some additional research.

Thanks!

@Will Gaston definitely. Looking for something on my own. I have a partner and we are looking for apartment buildings in the 10+ unit range. We are also open to alternatives (mobile home parks, self storage) but mainly focused on apartment buildings. Let me know if you need more info. Thanks!

@Joseph M. Thank you! Definitely good news. Now to find something where the economics make sense....slightly more difficult.

Hi All,

I am looking for an apartment building in North Carolina (Asheville, Raleigh, Durham) or South Carolina (Greenville, Hilton Head) and was wondering if anyone has a recommendation for a commercial broker in either state or those specific sub-markets. I am investing from the West Coast sunshine state (CA) so someone experienced with out of state investors would be great. Thanks in advance!

Wiley

@Harjeet Bhatti @Wayne Brooks Thank you both for your responses!

Hi All,

I am currently working with a mortgage broker and they advertise that they complete the underwriting process up front versus doing it on the back end of the mortgage. They are pitching that this methodology makes my offers "just like cash". Is this true and why wouldn't everyone do this if this is the case?

Thanks in advance!

@Joshua Hawley I am in a similar position and have been exploring areas like Hawthorne, Inglewood, and Long Beach. I would definitely recommend house hacking because of the advantages of an FHA loan but "deals" are definitely trickier to find in the LA area because of the demand and a large number of investors in LA. Always open to connect if you have any questions.

@Linda L. @Daniel Y. Thank you for your input regarding the meetups! Definitely very helpful!

@KJ L. @Brandon Foster Thank you for the information! I reached out to Brandon to learn more about the meetup. Thanks!

@Sunshine Chow I have not been to any meet ups yet but would love to get involved in some. Are you aware of any good ones? I have heard one in Santa Monica mentioned around the forums.