All Forum Posts by: Dave Lin

Say you have some bucks at your disposal how would you deploys these Benjamins to work for you? SFH or MFH buy/hold or flip? or just be a HML and let other people do the hard work? I personally thinking HML is the best strategy in today's price environment.

Housing price, especially in the major metropolitan, has seemed tremendous growth in the past 6-7 years. Not to say a major correction is in due course but, to me, risk is certainly to the down side. So instead of buying into the frenzy and chase the (maybe) last 5-10% of appreciation, would it be better to just lend into the frenzy and get a nice return in the mean time (while waiting for the next price blip)..... and if the borrower is not able to complete the project and/or ended up in default, as a HML I might actually benefit from this demise..... right? Pros! Is my line of thinking completely flaw? If so please point me the right way. Thanks!!!

Thanks everyone! My question is really how to be a hard money lender not borrowing from one. I just couldn't get enough materials on BPs site so I figure I should ask it here! What's is a decent rate of return? And would I get the upside on flipping? And how to protect myself... etc? Or any pointers that pros like you can advise me! Thanks!

Sorry it might be a stupid question but can an individual be a hard money lender and if so what are the general requirements? And what are ways to protect oneself? And in case of default can the hard money lender actually be benefited?

The mk I'm looking at is mainly in the greater Boston area. Valuation is rich across board so 5-6 cap is the norm. The mk is priced to perfection that after all normal cash expenses u would break even.... if lucky. But in most cases you will have negative cash flow. So as much as I want to see where my invest I prob need to find outa state turnkey investments... unfortunately.

How to find creditable out of state turnkey investment opportunities? Is there an aggregator site or something like that? Thanks!!

Buy (rent out) and hold is dead... at least for now With markets so richly priced in almost all metropolitan US, we are lucky to even get a 5-6 cap. And after factoring in op expenses, allowances and debt reserve, a 5 cap investment will most likely turn into a money losing proposition. I think this is a common sight .... so what is an eager REI investor to do?!

Buy (rent out) and hold is dead... at least for now With markets so richly priced in almost all metropolitan US, we are lucky to even get a 5-6 cap. And after factoring in op expenses, allowances and debt reserve, a 5 cap investment will most likely turn into a money losing proposition. I think this is a common sight .... so what is an eager REI investor to do?!

Buy (rent out) and hold is dead... at least for now With markets so richly priced in almost all metropolitan US, we are lucky to even get a 5-6 cap. And after factoring in op expenses, allowances and debt reserve, a 5 cap investment will most likely turn into a money losing proposition. I think this is a common sight .... so what is an eager REI investor to do?!

https://www.ziprealty.com/property/320-COMMONWEALTH-AVE-_UNIT_42-BOSTON-MA-02115/36227507/detail?referredByAgent=larjones Its prob insane to invest in anything over $1000/sq ft but this is a deal I am kinda interested in pulling trigger...   my goal is to park some cash (principal protection) where I can cash flow ~5-6 cap.  So key attributes are: 1) A+ location; 2) easy to rent out to A+ renter.   At the same time, if I need liquidity the banks will have no problem HELOC me at least 80% of equity (assuming banks care abt the quality of the collateral).   Yeah the building is over 125 years old..... but there are updates done recently and doesn't look like there will be majority updates needed in the next 6-7 years.   I'm relatively new to REI so I really hope all you experts can lend me some advices looking at this .... dont' want my first REI endeavor to be a completely disaster....   Thanks!   nEWbIE

Hey Joel thanks a lot! Just for some clarifications ~ since my area is around Boston and residential bite size is not 50k but rather 500k. the sweet spot you mentioned in the CRE space does that also get multiplied? So it's more than the 15 mil plus range?! Just wondering