All Forum Posts by: Roy Williamson

Jean Norton Thanks for the response. The hybrid loan sounds interesting. I live in SoCal my closet lender is the Norris Group. I will check with them.

Has anyone used hard money loans to purchase a buy and hold rental property? I have excellent credit and cash reserves, but I want to buy a fixer and don't want to deplete my reserves on one property. Has anyone taken this approach? If so, how did it work out? and if not why would you never do a deal using hard money?

My friend has a condo is Palm Springs and he's crushing it.

Congratulations David Jackson

Aaron Mazzrillo How did I miss out on this? I live in Rancho Cucamonga and would love to go to this meet up. I can't make it this Tuesday, but I can make the next one.

Curt Davis Thanks a lot. What areas of Tennessee do you recommend investing in? If we decide to do business in your area, we will definitely seek your wise counsel and business lol. We're both out of SoCal and would need a strong team in place.

Aaron Montague Thanks. We're definitely going to start working on building up a team in out target areas.

Jeff Greenberg Definitely buy and hold. I'm trying to build up enough cash flow to stop working and invest full-time. My partner just recently quit his job and is loving life.

My partner and I are looking to buy multi-family housing complex, in either Memphis, TN or somewhere in the Dallas, Houston or San Antonio area. Any suggestions on where to avoid and where to get the most bang for our buck? We're going to be splitting the down payment (20%-25%) down and rehab cost. Price range 200K to 300k in a class C area.

Ali Boone I don't think my last post tagged you. But I'm from Rancho Cucamonga and I'm interested in meeting up and networking with fellow Californians.