All Forum Posts by: Zachary Bannon

@Jessica Stevenson Thanks for the tip! we will take a look at that market for sure.

@Kyle Spearin Appreciate the offer. Would for sure be interested in talking more! A small single family would probably be doable for us. My only reservation with Condos is difficult and expensive HOAs.

Thanks everyone, we do really appreciate the feedback! My business partner and I were mostly looking at mobile homes because it was a project we could finance ourselves without any outside financing (the purchase of the property property and projected rehab budget). We also felt the relative size and scope required would lend itself to a good first flip.

Seems like there is a lot of aversion to which makes sense since they seem to be a very nuanced asset class. We are going to talk through our strategy some more and possibly shift to a small single family home.

appreciate all the advice and I'll be following up with some of you to pick your brains as we get more involved in the due diligence and underwriting of potential deals.

One thing I should have mentioned is we have a couple of relationships with a few private investors (family, friends, etc.) who have expressed interest in providing the capital if we find a deal that pencils.

Thanks for all the feedback so far everyone. Exhilarating to finally be taking these first steps.

Thank you,

Zach

Hi All,

Been listening to the podcast and want to find my first deal in 2024. 

Located in the greater Boston area and have a friend who wants to partner up. We don’t have a lot of capital and most of our experience is in construction. We were thinking the best course for us would be to do a flip. We are both pretty conservative and as such we thought maybe something small like a mobile home would be a good place to start.

We would love to hear people’s thoughts and we are interested in connecting with people and hopefully finding some mentors. 

Thank you,

- Zach