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All Forum Posts by: Chris Brown

Chris Brown has started 11 posts and replied 137 times.

Post: Rehab Price

Chris BrownPosted
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
  • Posts 140
  • Votes 70

J., what are your ballpark numbers per square foot for low/middle/high rehabs in Metro Atlanta?

- Chris 

Post: Financing REO flip & sell with ROBS/Solo 401k

Chris BrownPosted
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
  • Posts 140
  • Votes 70

Thanks J. I spoke with Ty, good folks and he knows what he is doing. I appreciate you pointing me in his direction. 

- Chris

Post: Financing REO flip & sell with ROBS/Solo 401k

Chris BrownPosted
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
  • Posts 140
  • Votes 70

Thanks J, I am afraid you are right. If you can recommend a good ERISA attorney in metro Atlanta, please message me. 

Thanks,

- Chris

Post: Financing REO flip & sell with ROBS/Solo 401k

Chris BrownPosted
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
  • Posts 140
  • Votes 70

Good morning all,

I am in the process of getting started on my REI venture. I will have shortly a ROBS 401k account set up that will allow me to put 20%-30% down on an REO. I had originally thought since I had the money down, financing the rest would be relatively simple. But as it turns out, there are not many that loan for what I want to do. It appears HML may be the way I have to go.

Has anyone found lenders willing to loan in this scenario? Anyone with a ROBS care to share how they finance the rest of the deal?

Thanks,

- Chris

Post: New member from Georgia

Chris BrownPosted
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
  • Posts 140
  • Votes 70

Thanks everyone, seems like a really good group of folks 'round these here parts. I look forward to sharing my own experiences and successes as well as hearing about everyone else's. 

I can be of any assistance to anyone, please let me know.

Best of luck!

- Chris

Post: New member from Georgia

Chris BrownPosted
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
  • Posts 140
  • Votes 70

Hello all, I am new to the site but have been reading heavily lately. I am planning to make the move away from a pretty good 9-5 job in IT Management to purchasing, redeveloping and reselling SFR's and later on, into long term rentals. I have been studying for years, as real estate has always interested me.

I am interested in chatting with people who have done, are doing, or are planning to do the same. I am building my network as it were. 

The plan that I have worked out for financing, etc requires me to leave my current position and start this RE venture full time, so there is some hesitation, but I think with my heavily researched plan of attack, I am becoming more comfortable and excited about the idea. 

Thanks for the community and the resource. If I can help anyone with anything, please do not hesitate to let me know.

- Chris

Post: West End Atlanta Flip 30310

Chris BrownPosted
  • Rehabber/Contractor/Business Manager
  • Atlanta, GA
  • Posts 140
  • Votes 70

Best of luck! I love that area of town.