All Forum Posts by: Darrin Carey

Hi @Rodney Mullins, Welcome to BP. You've found a great online community. Congrats on getting started with your investing. (BTW, we just looked at a condo today.)

If you'd like to get connect with some additional local investors, you're welcome to join us at The Dayton Real Estate Networking Meetup.

Go forth and prosper.

Hi @Geoffrey Reno, welcome to BP. It's a great community of people. Obviously, you're off to a great start with the planning phase.

Work on getting your first deal done, then the second, etc. Once you have it going, you'll be able to decide when the time is right to transition to full time.

If you'd like to meet and hang out with some other local investors for ideas or even inspiration, you're welcome to join us at The Dayton Real Estate Meetup. @Sean Ryan 

In the meantime good fortune. and feel free to call to chat RE a bit.

@Paul Amegatcher Those two certainly matter. The big missing piece that slows down everything is a significant lack of good contractors. I have a hard time believing how difficult it is to find contractors that will simply do what they agreed to do and do it right. Not to mention doing it on time.

There are legal ways to wholesale with a license, and without one. A license may or may not help you, "it depends".

This topic is argued often in the forums. Do a search, and you will find a lot of opinions.

In theory, yes. No conventional lender can close in 14 days (or it's a miracle). Very few conventional lenders will allow an assignment of contract. (I've trained a local lender to do so.) Some hard money lenders will allow the assignment.

Most wholesalers have been trained....uh told.... that they have to have a cash buyer because of those reasons.

Newbie wholesalers don't realize some lenders will actually close on assigned contracts. So they tell everyone cash.

Or you can get creative and use transactional or bridge funding to cash out the wholesaler while you get the conventional funding you really want. (budget 2-3 points for that)

And just because they want it closed in 14 days, doesn't mean they get it. I almost always give myself 30 days to close a deal. However, for the right deal, I've done it in two business days.

Get creative, have fun, and make a deal happen.

Thanks @Monique Thompson, I'll PM the details to you.

@Allen Fletcher Got it yesterday afternoon. I just sent you the response. See you there, we look forward to meeting you.

@Omar Merced The regular meetup is the 2nd Monday every month. You'll have to plan your flights better.

For the 27th, if some local multifamily people want to get together, I'll reserve a place.

This is the place to get to know other local investors and landlords in a casual environment. We're a friendly bunch of people; come hang out with us and talk Real Estate.

There are no formal presentations and no specific topics. Ask questions, start and join conversations. Explore your own interests.

You're encouraged to bring your deals and what you're looking for.

This event occurs monthly, and is currently on the second Monday of each month.

August's meetup is 8/8/16.

RSVP for the new location in Fairborn.

We will keep the link below updated.

Event Details - Current event info and additional details are always here.

@Brady Graham Welcome to BP. There's a great community of people here. Everyone's willing to help, and throw in an opinion.

If you want to meet people locally, you can join us at July's Networking Meetup. @Andrew Day you're welcome too.

@Omar Merced I can get us a place in Fairborn for dinner if people want to meet up on the 27th.