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18 December 2024 | 45 replies
I constantly get in arguments with real estate investors over loan leverage and perceived risk when I say I will sleep better at night as the guarantor of a $6M loan backed by a $10M property in a good location that has high occupancy rates and meets a reasonable debt coverage ratio over the $80K loan backed bv a $100K property in a lower tier neighborhood.
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14 December 2024 | 42 replies
Because of this, I have been meeting with different people in different areas and building a team which helps me to find and buy my first property although it hasn't been easy.
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5 December 2024 | 5 replies
I'd be happy to share some great local meet ups and also open to connecting.
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8 December 2024 | 21 replies
I went to a Renatus meeting in Denver weeks before the pandemic.
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12 December 2024 | 18 replies
Then the few that are remaining you can look closer at their track record (often after signing an NDA) to see if it meets your other criteria or not.Good luck.
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6 December 2024 | 11 replies
Even my coach had no advice.4. peak partnership- I went to their 2024 meeting. 90% of people i talked to had never done a MF deal.
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4 December 2024 | 4 replies
You can meet local investors by registering to attend real estate events in your area: https://www.biggerpockets.com/forums/521-events-and-happenings6.
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12 December 2024 | 37 replies
Multi family loans under $1,000,000 are certainly more difficult to obtain because they don't meet the minimums of most companies and most local banks aren't so welcoming to out of state investors.
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12 December 2024 | 12 replies
We were already well past the scheduled meet time so I didn't want to push.
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6 December 2024 | 21 replies
You are asking here to pay someone for their time in reality and that is where you will get pitched every program on earth when in reality, you are doing the right thing by meeting a lot of investors.