We are looking to buy a multi family property close to where we are from for the first investment.

Hey all!I will be moving to the Northern Virginia/DC area in a couple of months and would love to meet investors from the area as well as a real estate agent, insurance broker and/or attorney familiar with LTR/STRs. L...

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

I am looking to connect with local investors, experts or any like minded people from Regina or maybe from Saskatoon as well.

Every time I enter into an agreement to purchase I have the following: Exclusive irrevocable possession and occupancy shall be delivered to Buyer, Buyer’s Assignees, or Buyer’s Agents at 5:00 PM on  the date this agreement is signed by Seller,  on the date of Close of Escrow,  on ________________, 20______ or  no later than ___________ days after Close of Escrow.I have collected my fair share of cash for keys in SS where the lender tries playing God.  

Maybe the market is hot enough that you could still turn a profit selling as is, but typically, sellers will ask you to take care of them before closing AND likely pay less for the property simply because there are known defects.

I know I would like to find a way to get connected to the investor community in Peoria.

I also have a FB group exclusively for PMLs and small PML business owners to connect, share best practices, learn from each other.

I would love to connect and just get an idea of how/what/when/why to become a private lender.I know there are so many avenues and paths within real estate i just want to explore this one a bit moreThanks

We have a system at our brokerage that might be close.