All Forum Posts by: Danny Krish

Hi Danny,

I recommend joining the NCREIA (North Carolina Real Estate Investors Association). They hold a Raleigh meeting every month, and it's one of the best-run REIAs I've been a part of. It's an excellent place for both new and seasoned investors to gather, network, and delve deeper into specific investing topics or strategies.

If you plan to use private or hard money, the barrier of entry is a bit tougher for new investors. Lenders typically want to see 2-3 new builds completed within a 12-36 month period, depending on the lender. Fortunately, there are plenty of lenders here on the BP (BiggerPockets) platform who work with new investors.

Hope this helps!

While I do like new build for new investors because you get a builder's warranty, better insurance, and first take of renters, you may have to overpay right now which could hamper the scale of your investment. What's your why on the area and on getting into REI now?