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All Forum Posts by: Davon Lowery

Davon Lowery has started 50 posts and replied 383 times.

Post: 4 unit under contract

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

Good luck guys. keep us posted.

Post: Best credit cards for buying home improvement/rehab material

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

Did you apply for the HD project loan? They can grant your 2 loans for 50k each.

Post: Houston / Harris County Property Tax

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

This is asinine, Harris county bankrupted me. Definitely shop around for a pro, wish I would've had BP 10 years ago to learn that. Good luck and keep us posted.

Post: Germantown, WI 53022 Bird Dog House

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

YouTube wholesaling. Study the biggerpockets info. Get the property under contract, after your walk through, price it, and then bring it to the marketplace.  There are a lot of investors in IL that are branching out to WI. Check out podcast 78.

Post: Latest Project Photos - BP Partnership

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

Amazing Guys!!! So inspirational.

Post: 70% convential with 30% seller finance

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

@Brian Adams

Thank you! That is great information. I am very interested in using non-recourse loans for my future deals. I understand than when dealing with the monies of others, I need to be very transparent and overt with all the disclosures and actions. I have been successful at crowd funding already; ultimately, the deal didn't happen, but the experience was good.

Post: 70% convential with 30% seller finance

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

Thank you for posing this question  @Dustan Marshall. @Brian Adams @Rob Beland

With the equity partners, do I need to, have a separate agreement with each partner; form an LLC, trust, and make each partner a board member/part-owner; and not to be too convoluted but, what if each partner couldn't obtain a mortgage on their own and or was unable to provide tax returns, however the funds contributed were seasoned?

Then what is the maximum $ amt that I could raise W/O running into SEC violations (or legal problems) and can the LLC service as a mechanism for holding the funds or would we need to escrow the holdings?

Thank you in advance.

Post: Indy: $16,499 Low Priced Cash Flowing! 3 br/1ba Will rent for $550!!

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

Following 

Post: BUYING OUT-OF-STATE

Davon LoweryPosted
  • Investor
  • Whitttier, CA
  • Posts 405
  • Votes 110

@Account Closed

Congratz. Are you going to 1031 the Pasadena property to the KC purchases, if so why vs why not?