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All Forum Posts by: David Shoultz

David Shoultz has started 4 posts and replied 15 times.

Post: Coffee in Delray Beach, FL on November 7th, 2015

David ShoultzPosted
  • Delray Beach, FL
  • Posts 17
  • Votes 0

My wife and I will be there Saturday, looking forward to meeting you guys!  

Post: New Member - Miami, South Florida

David ShoultzPosted
  • Delray Beach, FL
  • Posts 17
  • Votes 0

@Joshua Pavao where is the meetup in Delray this weekend?  I'm also new to BP and looking to meetup with some local BP peeps.  I"m a Builder and my wife a real estate Agent and together we've done a few flips  locally and making offers on another today!

I'd love to meetup in Delray this weekend, can you shoot me over the info?  We are here local to Delray.  Thanks, looking forward to meeting you.  

Post: Next Level Flip Funding

David ShoultzPosted
  • Delray Beach, FL
  • Posts 17
  • Votes 0

My wife is an real estate agent, I am a builder and we are making 'flipping' our full time job so we can make enough profits to start buying rentals and investing.  

While I have bought and remodeled / sold homes that I've lived in in recent years, we just completed our 2nd successful Flip here in FL and at closing in a few weeks, we should have access to upwards of 350,000 in the business account free and clear. 

I want to move away from buying in cash, remodeling in cash and WAITING to sell to make a our money.  I have a crew of people (sub-contractors) that I work with constantly and I could easily manage 5-6 flips at a time and looking for the best way to go about that.  Right now I'm just looking to possibly do 2-3 flips next and show my future investor / lendor a return so we can get into more projects together.  

I'm willing to put cash down on every deal, but want to figure out what is normal to expect from lenders.  2-4points? interest only loans?  12-15% interest rates?? Maybe some people would be interesting in partnering up locally?  

Thanks! 
Dave

(Sorry if this has been posted before, I'm new and just getting into biggerpockets) 

I have a class at that time, any chance to download afterwards the notes / recording?  I'm in the market for a duplex or Tri plex right now.  

Post: Contractor, Flipper, Real Estate Investor in Florida

David ShoultzPosted
  • Delray Beach, FL
  • Posts 17
  • Votes 0

I am a contractor, my wife a real estate agent and our focus has recently shifted and instead of her and I looking for clients, we have focused 100% on finding homes to flip on our own.  After a few successful flips, we are ready to take it to the next level and looking for help getting there, finding investors, fianancing, advice, rental deals, etc.  We live in Delray Beach FL and would love to meetup with anyone local to discuss opportunities.