All Forum Posts by: David Lee
David Lee has started 30 posts and replied 264 times.
@David Chwaszczewski it's good to meet another NC investor. I look forward to reading about your success and networking with you.
Post: New in North Carolina

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
@Matt Hiley welcome to BP. It's good to see another investor in NC. I look forward to reading about your success. Be sure and check the podcast because there is unlimited learning potential .
Post: Real Estate Auctions

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
I have bid on 3 separate auctions and I have won 2 of them. The 2 that i won were from auction.com. The first transaction went pretty smoothly but the second one not so much. I really noticed in the second that they had very little knowledge of real estate and how things work.
Post: Any North Carolina Real Estate Fans here? Newbie Donna wants to know!

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
it's good to see another investor in NC. Be sure and check out the podcast because they are full of good things to learn.
Post: $12,500 Wholesale from Bigger Pockets - When an agent isn't the best option

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
congrats @Tim G. Nice job. I hoping to try and do some wholesaling like you.
Post: What is the Cheapest Real Estate You've Ever Purchased?

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
just closed on one 3 weeks ago for $14,700. I put some click together floor I had left over and I rent it out for $700. I closed on Tuesday and tenants were moving in on Saturday.
Post: Analyzed / paralyzed newbie, cash burning a hole in wallet

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
@Mark Neiger you can also invest in other areas. In the area I live in you can buy and repair one for less then $30,000 and then rent it out for $500 to $800 a month. This would help to build up your cash flow.
Post: REI's In North Carolina

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
The unifour area here.
Post: 203k lenders

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
I heard on a different podcast by Justin Williams called house flipping HQ and he another BP member was on the podcast by @tim Gordon. He was telling that he had a 203k loan by a bank and had another loan by the bank that was the exact same loan just issued by the bank. So he had to one was a 203k and the other was called something else but did the same thing. I think it was podcast 31.
Post: I need straight answers I hope the pros can help!

- Wholesaler
- Lenoir, NC
- Posts 297
- Votes 127
@Daryl Guy in the area that I am investing in I am paying cash for under $20,000 and less than $10,000 in rehab. With the rents ranging between $500 and $750 rents a month. Have you thought about investing in areas like this?