Houston, Texas
21 years of investing in RE has been a lot of fun. I'm a full time investor in Houston, Springfield/Hartford (where my family is) and Southern Florida specializing in buying solid properties at REO, Foreclosure and Municipal Auctions.
We use our own cash whenever possible so I am always looking for new ways to structure and finance deals.
I thought BP was a great added value after reading some of the posts that popped up on the web.
My wife is an attorney and we are both looking forward to meeting new people at BP.
We are currently seeking hard money for acquisitions and rehab of 2 to 4 unit multifamilies in Massachusetts.
Because we are buy and hold right now, exit strategy will be refinance. We are contractors with good credit and plenty of banks willing to refinance after property is rented for 2 to 3 months.
Developed land into housing subdivision.
Rehabbed and flipped homes.
Rehabbed and held/rented homes for positive cash flow.
Buy and Hold as many positive cash flow 1 to 4 unit rental properties as possible in the states of Texas, Conn, and Mass areas.
We acquire rehab and manage our own properties.
We are construction contractors/investors trying to take full advantage of the current market opportunities.
Hard money for acquisition/rehab between $30,000 and $250,000.
40% to 65% LTV
We have been using our own money but now we have more deals than we can take down.
We have plenty of manpower but liquidity is starting to keep us from some solid deals in a very strong rental market.
Would rather use our money for auction deposits, expenses, misc, etc etc and
use hard money for final acquisition and rehab until refi.
Exit strategy is refinance and repayment after 3 to 6 months
We have 20 years construction experience with good credit.