New Investor--looking for help making sure analyzing and decisions are accurate

New Investor--looking for help making sure analyzing and decisions are accurate

Member since 2022 · 1 post · 1 vote

Hi! We are first time investors in the Maryland area. We are hoping to find someone who is willing to look over our offers and help us run the numbers the first few times. We are looking to invest in larger multifamilies with a DSCR loan. We have a property that we are hoping to place an offer on, but we want to make sure we are dotting our i's before moving forward. We have the construction/rehab side down, but would like some assistance with the financing/cash flow side. We'd love to develop a relationship with someone who can provide coaching/assistance moving forward. We have read all of the books and watched all of the Youtube videos but still would like some support with the next step.

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  • Real Estate Agent · Washington DC · Member since 2016 · 847 posts · 654 votes
    2y
    Quote from @Masen Jolle:

    Hi! We are first time investors in the Maryland area. We are hoping to find someone who is willing to look over our offers and help us run the numbers the first few times. We are looking to invest in larger multifamilies with a DSCR loan. We have a property that we are hoping to place an offer on, but we want to make sure we are dotting our i's before moving forward. We have the construction/rehab side down, but would like some assistance with the financing/cash flow side. We'd love to develop a relationship with someone who can provide coaching/assistance moving forward. We have read all of the books and watched all of the Youtube videos but still would like some support with the next step.


     We’re going to need more info to even tell you if it’s a good deal, what area, what are your goals, how much risk are you willing to take, what’s the current condition of the property etc.

  • Ozzy SirimsiBusiness Member
    Real Estate Agent · Baltimore, MD · Member since 2016 · 1k+ posts · 782 votes
    2y

    Hi Masen,

    You need to provide some information about the property and if you are looking for a mentorship,send me a dm or multiple investors who are active here,overall you will see a lot of posts from same people, they might be able to help.

  • Member since 2023 · 303 posts · 324 votes
    2y

    Hi Masen! First of all, congratulations on getting started. 

    Secondly, the basics of your plan sound good but I would love more information. I will reach out via DM to connect with you.

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