All Forum Posts by: Zachary Alex

Hey everyone, My partner and I used hard money for the first time and the experience was amazing. Longhorn Investments was able to fund our deal in 7 days, the draw schedule was painless and Shere Hansell, the Indianapolis rep went above and beyond, she went to our property to check up on issues and ensured continuity during the entire process. She even put us in touch with some amazing realtors and we all know networking is key, and Shere wasn’t one to hold back. We will be using Longhorn again, and would recommend them to any investor looking for hard money. They pull credit, but only for the score, they are very professional and I can’t recommend them enough. The process was so easy, painless and straight forward. They are fully transparent and look out for the investors best interest.

I’ve been digging around for some info on Constructive as well. I look forward to some responses on one of your posts. Lol

Investment Info:

Single-family residence fix & flip investment in Phoenix.

Purchase price: $215,000

Cash invested: $15,000

Sale price: $269,000

Live and flip in Phoenix, AZ

What made you interested in investing in this type of deal?

Wanted a value add with a good exit stratagey

How did you find this deal and how did you negotiate it?

Purchased from MLS and negotiated traditionally

How did you finance this deal?

VA loan

How did you add value to the deal?

Full renovation, labor curtosey of yours truly. Removed walls, remodeled kitchen, re modeled bathrooms and replaced flooring, windows and AC.

What was the outcome?

Sold for a profit of $25K

Lessons learned? Challenges?

Don’t live in a house you remodel and outsource labor for a faster turn around.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $215,000
Cash invested: $100

SFR rental near Camp Lejeune, NC

What made you interested in investing in this type of deal?

No money down VA loan

How did you find this deal and how did you negotiate it?

Found on MLS purchased conventionally, negotiated conventionally.

How did you finance this deal?

VA loan

Lessons learned? Challenges?

Purchase with an upside potential.