All Forum Posts by: DeAndre Wheeler

@Account Closed I intend to do mostly long term rental properties.  However, I want to do perhaps 2 to 3 fix and flips per year

How do you make sure that the content marketing makes it to your target audience?  Do you use social media primarily or is it more like focused data outreach based? 

What are the top 2 strategies for starting a deal funnel?

What are the top 2 strategies that you guys use in order to start a deal funnel?  

I just joined a few groups on the “Meetup” app.  Ill drop a few links to see if there’s anything that you’re interested in

Check out Chesterfield REIA on Meetup https://meetu.ps/c/48Gpd/HKSBL/a

Check out Central Virginia REIA Meetup on Meetup https://meetu.ps/c/39qzP/HKSBL/a

Check out Richmond RING on Meetup https://meetu.ps/c/cKhr/HKSBL/a

I am starting a franchise and need some services for business formation and possible litigation.  What are some strategies for how to find a good real estate attorney that you can trust?  Anyone know someone in Central Virginia that they can refer?

I’m interested to find out the process of how new investors find great lenders who are willing to do financing and cash out refinancing on rental properties. Many regular “big banks” are very hesitant to do it. Being new to the game, I don’t necessarily have many human resources in the lending department. I’m curious as to why that’s the case and what’s the next step after turning away from the PNC’s of the world and such.

I’m interested to find out the process of how new investors find great lenders who are willing to do financing and cash out refinancing on rental properties. Many regular “big banks” are very hesitant to do it. Being new to the game, I don’t necessarily have many human resources in the lending department. I’m curious as to why that’s the case and what’s the next step after turning away from the PNC’s of the world and such.

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I have a potential deal on the table but I'm not sure whether to use conventional financing or to try to execute a BRRRR strategy. The condo costs 150k and its a bank repo/foreclosure. All of the comparable homes in the neighborhood are at around 185k to 200k but none have updates. I'm estimating that we could do all the updates that we need to make for around 15k. That puts us all in for about 165k with the hope that we could refi at 200k. I could come up with the traditional 20% down and finance the repairs myself or I can use hard money to finance the whole project and then recoup most of my money back during the refi process. What would you do?