5/25/12 IMPORTANT ANNOUNCEMENT: MAJOR BP Update Next Week!

Hide this

Forum Rules · Advanced Forum Search

Jump to Category View All

Click a category below to view different forum categories.

BiggerPockets

General Info

Rss10 BiggerPockets Q&A, Site Questions, & Announcements

1001 topics, 8198 posts — Last Post 05/25/12, 07:25PM

Rss10 BiggerPockets Exclusive PRO Area

12 topics, 81 posts — Last Post 03/23/12, 03:25PM

Rss10 New Member Introductions

4596 topics, 26506 posts — Last Post 05/25/12, 04:49AM

Rss10 BiggerPockets Success Stories

152 topics, 1813 posts — Last Post 05/25/12, 10:22AM

Rss10 BiggerPockets Real Estate Investing Summit

87 topics, 1549 posts — Last Post 05/07/12, 02:13PM

General Real Estate

General Real Estate

Rss10 Buying Real Estate

1318 topics, 10388 posts — Last Post 05/25/12, 07:23PM

Rss10 Selling Real Estate

320 topics, 2544 posts — Last Post 05/08/12, 07:34PM

Rss10 Renters

202 topics, 1618 posts — Last Post 05/25/12, 11:34AM

Rss10 Get Foreclosure Help - Help Stop Foreclosure Forum

221 topics, 1747 posts — Last Post 05/18/12, 08:38PM

Rss10 Home Owner Association (HOA) Issues & Problems Forum

111 topics, 719 posts — Last Post 05/08/12, 06:37AM

Rss10 Do it Yourself

328 topics, 2841 posts — Last Post 05/25/12, 09:10AM

Reviews & Feedback

Rss10 Real Estate Deal Analysis and Advice

1625 topics, 12979 posts — Last Post 05/25/12, 06:56PM

Rss10 Real Estate Guru, Book & Course Reviews and Discussions

700 topics, 7128 posts — Last Post 05/23/12, 02:16PM

Rss10 Ask About A Real Estate Company

330 topics, 4781 posts — Last Post 05/10/12, 10:31PM

Real Estate Investing

Real Estate Strategies

Rss10 Wholesaling

2588 topics, 19948 posts — Last Post 05/25/12, 12:14PM

Rss10 Rehabbing and House Flipping

1622 topics, 14297 posts — Last Post 05/25/12, 03:24PM

Rss10 Real Estate Development

202 topics, 1123 posts — Last Post 05/19/12, 07:40AM

Rss10 Pre-Construction & New Home Construction

90 topics, 600 posts — Last Post 05/05/12, 11:02AM

Rss10 Innovative Strategies

377 topics, 2935 posts — Last Post 05/25/12, 02:00PM

Rss10 Tax Liens, Notes, Paper, & Cash Flows Discussion

477 topics, 2850 posts — Last Post 05/25/12, 02:54PM

Rss10 Rent to Own a.k.a. Lease Purchase, Lease Options

355 topics, 2229 posts — Last Post 05/25/12, 03:12PM

Rss10 1031 Exchanges

62 topics, 342 posts — Last Post 04/29/12, 08:09PM

Foreclosure Investing

Rss10 General Foreclosure & Pre-Foreclosure Forums

1156 topics, 7084 posts — Last Post 05/24/12, 06:30PM

Rss10 HUD, VA, and Tax Sales

216 topics, 1327 posts — Last Post 05/25/12, 01:59PM

Rss10 REOs

948 topics, 7884 posts — Last Post 05/23/12, 05:04PM

Rss10 Short Sales

1254 topics, 10440 posts — Last Post 05/23/12, 01:58PM

Landlord & Tenant Forums

Rss10 Rental Property Questions & Landlording Issues

3183 topics, 28801 posts — Last Post 05/25/12, 04:53PM

Rss10 Land & Farm Investing

118 topics, 736 posts — Last Post 05/25/12, 01:27PM

Rss10 Mobile Homes & Mobile Home Park Investing

416 topics, 3071 posts — Last Post 05/24/12, 05:40PM

Real Estate Dealmaking

Rss10 Make Deals, Find Partners, Mentors & BirdDogs, etc.

3703 topics, 13611 posts — Last Post 05/25/12, 06:57PM

Rss10 Promote Your Real Estate Buyer's List

160 topics, 689 posts — Last Post 05/02/12, 05:54AM

Rss10 Property Wanted

635 topics, 3041 posts — Last Post 05/19/12, 07:44AM

Rss10 Seeking Financing, Money, or Loans

1245 topics, 7437 posts — Last Post 05/21/12, 10:41AM

Rss10 Tax Liens, Notes, Paper, & Cash Flows Dealmaking

277 topics, 1909 posts — Last Post 05/23/12, 06:40PM

Rss10 Bulk REO Discussion and REO Dealmaking

843 topics, 5906 posts — Last Post 02/02/12, 04:20PM

Investor Basics

Rss10 Starting Out

4197 topics, 30898 posts — Last Post 05/24/12, 03:17PM

Rss10 Investor Psychology

298 topics, 4486 posts — Last Post 05/04/12, 09:01PM

Rss10 General Real Estate Investing

3145 topics, 21840 posts — Last Post 05/25/12, 03:22PM

Rss10 Real Estate Investor Marketing

910 topics, 7482 posts — Last Post 05/25/12, 10:26AM

Commercial Real Estate

Rss10 Commercial Real Estate Investing Forum

743 topics, 3995 posts — Last Post 05/23/12, 08:46AM

Rss10 Multi-Family and Apartment Investing

219 topics, 2013 posts — Last Post 05/25/12, 11:11AM

Rss10 Office Investing

3 topics, 36 posts — Last Post 11/15/11, 02:42PM

Rss10 Industrial Property Investing

4 topics, 14 posts — Last Post 05/04/12, 06:44AM

Rss10 Retail Property Investing

10 topics, 77 posts — Last Post 05/25/12, 10:15AM

Rss10 CRE Financing and Lending

26 topics, 247 posts — Last Post 05/23/12, 05:27AM

Rss10 CRE Syndication and Fundraising

26 topics, 236 posts — Last Post 05/20/12, 04:52PM

Rss10 CRE Property Management & Leasing

2 topics, 12 posts — Last Post 05/18/12, 12:34PM

The Business of Real Estate

Real Estate Technology and the Internet

Rss10 Technology, Social Media, Real Estate & The Web

269 topics, 2277 posts — Last Post 05/25/12, 07:40AM

Rss10 Real Estate Blogs & Blogging

24 topics, 293 posts — Last Post 05/16/12, 09:29PM

Business Basics

Rss10 Goals, Business Plans & Entities

428 topics, 4273 posts — Last Post 05/24/12, 09:08PM

Real Estate Finance & Legal

Financial, Tax, and Legal

Rss10 Tax, Legal Issues, Contracts, Self-Directed IRA

1349 topics, 9465 posts — Last Post 05/24/12, 07:35AM

Rss10 Credit & Credit Repair

182 topics, 1484 posts — Last Post 05/22/12, 06:06PM

Rss10 Property Insurance

135 topics, 850 posts — Last Post 05/25/12, 03:36PM

Rss10 Bankruptcy

21 topics, 113 posts — Last Post 05/21/12, 08:25PM

Loans, Mortgages, Credit Lines

Rss10 Private & Conventional Lending Discussion

1346 topics, 8087 posts — Last Post 05/25/12, 02:20PM

Rss10 Creative Real Estate Financing

659 topics, 4285 posts — Last Post 05/24/12, 10:58AM

Real Estate Professionals

Real Estate Professionals

Rss10 Real Estate Agents

639 topics, 3562 posts — Last Post 05/24/12, 07:47PM

Rss10 Bankers, Lenders, and Mortgage Brokers

355 topics, 1268 posts — Last Post 05/04/12, 01:18AM

Rss10 Contractors

122 topics, 668 posts — Last Post 05/25/12, 06:21PM

Local Real Estate

International Real Estate

Local Real Estate

Rss10 Local Real Estate Networking

612 topics, 3434 posts — Last Post 05/24/12, 02:08PM

Rss10 Americans & International Real Estate

139 topics, 505 posts — Last Post 05/20/12, 02:00PM

Rss10 Foreigners Buying in the USA

56 topics, 288 posts — Last Post 05/02/12, 07:54PM

Rss10 Canadian Real Estate

26 topics, 130 posts — Last Post 03/19/12, 05:58PM

Marketplace

Real Estate Marketplace

Rss10 Mortgages & Lending

392 topics, 1757 posts — Last Post 05/20/12, 03:10AM

Rss10 Residential Property, Land, & Farms For Sale

760 topics, 1463 posts — Last Post 05/24/12, 06:58PM

Rss10 Real Estate Events & Happenings

118 topics, 505 posts — Last Post 05/07/12, 10:07PM

Rss10 Commercial Properties for Sale or Lease

224 topics, 671 posts — Last Post 05/25/12, 08:42AM

Rss10 Domains & Website Reviews

48 topics, 391 posts — Last Post 05/25/12, 07:07AM

Rss10 Classifieds - Promote your Website, Newsletter, or Product

595 topics, 2801 posts — Last Post 05/23/12, 06:42PM

Off-Topic

Off Topic

Rss10 Off-Topic

1866 topics, 19997 posts — Last Post 05/25/12, 08:12AM

Rss10 Housing News & Real Estate Market

666 topics, 6615 posts — Last Post 05/09/12, 03:11PM

BiggerPockets Resources

Forums » Make Deals, Find Partners, Mentors & BirdDogs, etc. » Partner/Strong Buyer/Direct Investor NEEDED for SFR deal

Partner/Strong Buyer/Direct Investor NEEDED for SFR deal Subscribe to Partner/Strong Buyer/Direct Investor NEEDED for SFR deal

6 posts by 3 users

Signup

Tag Tags: sfr investor buyer


Rod Mcdaniel


Forum_avatar_avatar-rodmcd

Jul 05 '10, 08:30 AM

Looking for buyers, in search of SFR with cash flow… NO wholesalers or watch dogs (too much middle man stuff to deal with)

Arkansas property
6500 sqft
Price below AV
$140,000
5BD
5BR
Pool house
Much more…

PM me for on partnership terms and other details.


Steve McVey

Landlord · Hendersonville, Tennessee


Forum_avatar_avatar-xrustyx

Jul 05 '10, 08:32 AM

what do you plan to do with it?

flip it or b&h ?


Rod Mcdaniel


Forum_avatar_avatar-rodmcd

Jul 05 '10, 08:35 AM

Hi Steve

My wife and I plan to b&h this property for a while.


Steve McVey

Landlord · Hendersonville, Tennessee


Forum_avatar_avatar-xrustyx

Jul 05 '10, 08:42 AM

have you exhausted conventional financing options?

On a B&H, I would attempt to go conventional 99% of the time due to the cost of debt this day in age. Interest rates are incredibly low.

HML's/Partners/etc... for Flips are understandable, I just don't understand a HML on B&H's unless you want to work Rehab in to the HML at which point you wait for seasoning to happen, then refi with a conventional.

What rehab is needed, and what is the ARV of the property?


Rod Mcdaniel


Forum_avatar_avatar-rodmcd

Jul 05 '10, 09:06 AM

Yeah, conventional lending would seem to be the logical way on a buy and hold, giving time to make improvements and such…

HML's have fairly high interest rates for what we have mind.

We are basically looking for a strong buyer that has the luxury ($$$) to work with us on comfortable terms.

We plan to use the property as our residents while we complete certain renovation the sellers begin (finish the pool house and 5br etc..) and work on business expansion.

Then we will plan the RE game like others, list the property and sell for a profit.

So yeah guess you can say we have exhausted options and now looking for someone to give us a break…

The RE industry is very tough right now, some may think I'm fishing w/o bait… but I believe someone out there has the luxury to work with us


Jayme Tlaloc

Multi-family Investor · Fresno, California


Forum_avatar_avatar-skrillameter

Aug 19 '10, 04:48 AM

I have given up on the Idea on SFR now and I am only looking for multi family residences. I have seen many multiplexes selling for the same price as SFR - the cashflow is much higher - only problem is competing with everyone who has cash to buy right now - they are snatching up all the good investment properties.




Sign up