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All Forum Posts by: Darian Gore

Darian Gore has started 11 posts and replied 31 times.

Post: Looking for creative lending solutions

Darian Gore
Posted
  • 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!

Darian Gore
Posted
  • 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

Darian Gore
Posted
  • Posts 31
  • Votes 14

Haven't heard of it but looking into it now! I'm local here too 

Post: Raleigh Investment Real Estate

Darian Gore
Posted
  • Posts 31
  • Votes 14

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

Darian Gore
Posted
  • 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

Darian Gore
Posted
  • 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

Darian Gore
Posted
  • 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

Darian Gore
Posted
  • 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!

Post: Low amount hard money lender

Darian Gore
Posted
  • Posts 31
  • Votes 14

Able to put money in / cover the rehab and a down payment, just need to find a way to get to total amount needed

Post: Low amount hard money lender

Darian Gore
Posted
  • Posts 31
  • Votes 14

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!

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