All Forum Posts by: David Kerner

George,

Thanks for the reply. As much as I dont like what Im hearing....its the reality of the situation.

Charlie

The HMLs usually dont loan more than 75% arv

Hello BP,

Im trying to buy and hold a new property each month using financing. However most banks will only loan 75% LTV and its very difficult to find homes in this current market that are below 90% LTV which would mean I would have to leave at least 15% of my own money in each deal. Eventually I would run out of money and wouldn't be able to buy anymore

When owner financing is not an option...

Can anybody advise me on a strategy or work around so that I cant keep the wheels moving and buy every month.

Thank you for your help

He approached me too...seemed like he was just going to give me money. We talked a lot and then when I asked for credentials. ...not so much.

Very Leary

I'd like to say to say real estate broker but I'm just getting started

@greg mucha

I'm currently a member of the Charlotte REIA. I'm sure I'll see you all at the Metrolina soon

yes you are correct this is a great site and I thank you for your encouraging words

Hello everybody my name is David I'm a seasoned real estate broker working out of Charlotte North Carolina and I just got into REI. Being a traditional real estate broker for so long my mind is completely blown at the creative stuff that you guys are doing to put deals together and make money.

I have been on many forums before but this has to be one of the best most informative sites that I have ever been a part of. So for that I thank you.

I'm wondering if there are any other traditional real estate brokers that completely switched over to the investinging and wholesaling side of the business... and if so did they make a more profitable and most importantly enjoyable living that way?