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15 May 2024 | 16 replies
I am in the learning phase with syndication deals and I am not accredited yet I find these deals very attractive for my desired investing goals.
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15 May 2024 | 11 replies
Also try to attend your local REI networking groups and meetups.
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15 May 2024 | 17 replies
Quote from @LeRoi De-Souza: Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.
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15 May 2024 | 4 replies
I'd recommend reaching out to a bunch of local lenders to tell them what you're looking for and your situation.
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14 May 2024 | 12 replies
You putting in $30K-$45K at year's end on a deal, with cash that you have accumulated with sacrifice, sweat, and discipline, is a huge vote of confidence to many prospective partners, and will make you very attractive.
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14 May 2024 | 6 replies
Secondly, as other responses have mentioned, it's going to be difficult for you to attract a private lender without experience, or money to put down.
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16 May 2024 | 4 replies
I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the requirements in a piecemeal fashion (every few days there's a new random request rather than having it all organized from the start), and have even run into lenders who were substantially misinformed about the real estate industry or the laws that govern it on both a local and federal level.I think there should be a better site to encourage accountability by tracking how long it actually takes each lender to close their loans on average, and what unexpected hurdles investors encounter when trying to work with them.I can't seem to find such a site.
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16 May 2024 | 3 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
17 May 2024 | 13 replies
Do you focus on local Florida cities or do you diversify across multiple states?
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15 May 2024 | 11 replies
Additionally, consulting with a real estate agent who is knowledgeable in the local market can help you make informed decisions and ensure the success of your investment.