Lot's of deals working - Looking for more!

[Dan Shoemaker]

I had a record six rehabs going on at one time this summer with a total of 11 in the "cycle" - 3 were sold waiting for closing and 2 were under contract waiting for me to buy :)  It has been a good summer for sure.

But I want to do more.   I have funding in place and the capacity to do quite a few deals, but I don't have the time to manage them all.  So I am very interested in partnering with other investors who have deals but need financing.  Please note - I am NOT offering to just be a lender here.  I want to proactively partner with investors who want to learn the ins and outs of investing or for folks who need some capital support. 

I am only looking to do deals in the DFW market at this time - but would consider Austin, San Antonio, or Houston if the deal makes sense.

Oh and if you are with one of the big wholesale firms in the area (you know who you are), please don't contact me.  

[Dan Shoemaker]

No worries Sarlah - always happy to help.  I have been fortunate over the years to find private lenders who have favorable terms and seem to like my results :)  I almost always have to have a fair amount of cash of my own into the deal which makes total sense.  

Like most newbies, I first started using a hard money lender.  It can get VERY expensive  though.  There are a few banks out there who are investor friendly, but they always take longer to close and need more paperwork etc.