All Forum Posts by: Christopher Bradley Sr
Christopher Bradley Sr has started 2 posts and replied 8 times.
Quote from @Ash Hegde:
Welcome Christopher! Are you looking for 100% funding by OPM or do you have some money to put down and need hard money to provide the rest of the acquisition and rehab for the flips?
100% to start, just until I close a few deals. I have one lender offering 85% another 90% for new investors, both of these are HML. I was inquiring about strategies for the 15 or 10% dp.
Post: Looking to fix and flip -Central Florida
- Posts 9
- Votes 1
Quote from @Benjamin Krebs:
@Christopher Bradley Sr happy to help! I have a few other resources I'd love to connect you with as well! Let me know if you'd like to chat more sometime! Just DM me and we'll set it up.
I connected
Post: Looking to fix and flip -Central Florida
- Posts 9
- Votes 1
Quote from @Benjamin Krebs:
Hey @Christopher Bradley Sr! I'd highly recommend you look up Pace Morby on youtube. Most of his approach is specializing in creative finance using zero of his own money. He does a monthly "elephant challenge" that is exactly about teaching people to do what you're asking.
Thanks, I was just talking to an investor about subject to and wraps. He said he knew Pace personally, I'm going to look up that challenge. I appreciate your feedback.
Post: Looking to fix and flip -Central Florida
- Posts 9
- Votes 1
I could use some guidance around a few hurdles... First I am a new investor about 3 months in, I've submitted about 30 offers and have had 1 accepted but had to pull out when contractors provided estimates because the RC superceeded to ARV. I have a few lenders (HML) that will provide up to 85% LTC or LTV.
1. I have limited funds for 15% DP ( I do understand, I can JV with a gap funder) but how do you find them? How do you raise capital?
2. I have tons of wholesale deals in my inbox, most are terribly underwritten but occasionally there is one decent deal. They require 5-10k EMD, is there a creative way to navigate these getting these funds?
I'm looking to get started using 100% OPM if possible, I'm okay with giving up 50% equity because I understand the value being brought to the table.
3. What is the most effective way to discover a deal? So far I am using MLS, Redfin, Zillow, and so on...
Please no negative comments, just looking for creative ideas or partnerships to get going. Thank you!
Quote from @Julio Gonzalez:
Hi Christopher, welcome to the community!
Quote from @Sloane Kraftsow:
Hi Christopher! I am from Miami so I love seeing floridians on BP. Welcome to the forum!
Hey Sloane, I'm pretty familiar with your office. Jake Leigh's team has a few contacts within easy street if I remember correctly. You all are highly recommended. Thanks for reaching out! I'll be in touch
Quote from @Ash Hegde:
Welcome Christopher! Are you looking for 100% funding by OPM or do you have some money to put down and need hard money to provide the rest of the acquisition and rehab for the flips?
I'm a new Investor in Lakeland Florida, also a Business owner. Been doing most of my studies under Jake Leight, Flip Secrets. My most needed connection is gap funders, as it seems to be the hardest when utilizing OPM strategy. Love bigger pockets platform, this is amazing. Much success and trials that create wisdom, knowledge & character.