All Forum Posts by: Dean Carter

@Tom Donnelly

Thanks for the reply

@Steven Griffith

Thanks Steve

@Steven Griffith

Would you be interested in partnering?

@Steven Griffith

Steve, thats been my experience, 25% minimum.

I'm in Fayetteville. Anyone have experience with coastal STR's? I'm considering props from the mountains to the sea!

Thanks

@tom Donnelly

Tom,

How in the world did you find a 30 yr loan at 4% for only 10% down?  My experience has been 20% minimum and some want 25% or more for investment props.  More doors owned and investing experience get better rates?

 Hi Andrew,

I'm still working a full-time W2, investing part-time.  Making many connections and learned alot in the course though some of the mindset material in the first two weeks I could have done without.  Haven't closed a deal yet, but will be focusing more on investing soon.  I think the course is legit.  Knowledge and mentoring aren't cheap, invest in yourself and go for it!  

@Michael P.

Sort of a catch 22, lenders want to know about the property they're going to lend on. So you have to have the property lined up first, analyzed, etc before going to lender. That's been my experience in the NC market.

@riley holy

My flip buyers are consistently asking for 20% ROI minimum.

Hope this isn't a sign of things to come across the country.