All Forum Posts by: Darian Gore
Darian Gore has started 11 posts and replied 31 times.
Post: Looking for creative lending solutions

- Posts 31
- Votes 14
Looking for some assistance for long term lending on multifamily deal where the seller can hold a second position seller finance note. Any suggestions? Best I've found is a bridge loan but looking for something cheaper and no need to refi.
Talking about 24 units in Fayetteville, NC. Purchase price a little above $2M - seller willing to be in the second position to be equal to my down payment for the properties (6 quad plexes). Wondering what options I have!
Post: New to real estate investing and property management / Nice to meet everyone!

- Posts 31
- Votes 14
Hi! I've only been at it for 4 years but would love to connect and chat, what little experience I have I'm happy to share
Post: Rental rehab program

- Posts 31
- Votes 14
Haven't heard of it but looking into it now! I'm local here too
Hey Gianni, not a contractor but I am a Fayetteville investor looking to get into the Raleigh market, let me know if you want to connect
Post: Help with my offer structure

- Posts 31
- Votes 14
Only issue with that is they're unable to have such a large seller finance position, my DSCR is limited to 10% from what I've seen. Unless you have a recommendation?
Post: Looking to assist investors in the Fayetteville/Raeford area

- Posts 31
- Votes 14
Hey Dexter, I'm active duty and investor for the last 4 years, don't really need any help at the moment but would be happy to connect and chat, what little education I can provide is all yours!
Post: Help with my offer structure

- Posts 31
- Votes 14
Hello! I am currently in a great predicament and can't seem to figure it out.
I have the option to attain 5 quadplexes that are currently generating $18,215/mo gross income with '0% down'. I have a lender willing to do up to 80% of the purchase price at 10.5% (bridge) interest only and roll in closing costs plus a seller willing to do seller financing around 3% for the remainder as my down payment.
I'm looking for help from someone to craft my offer as we can't come to a reasonable price and still cashflow. Please feel free to DM or comment!
Post: Wholesale contract review

- Posts 31
- Votes 14
Hello! I’m working in getting under contract with a wholesaler for the first time, wondering what amendments I should look for in the contract from a financing contingency or inspection period etc or if that’s just for on market deals, would love to hear anyone’s input!
Able to put money in / cover the rehab and a down payment, just need to find a way to get to total amount needed
Hello! I’m looking for a lender to help with a deal in fayetteville NC
Purchase price - $63,000
Reno- $20,000
ARV- $120,000
Time line- 2 months
this is my first experience with this since I’ve only bought turn key, let me know!