All Forum Posts by: Justin Craver

Hey Justin, congrats on getting started. My advice would be spend some time learning about different options/exit strategies and go after the one(s) you are most interested in. They are all open to you regardless of being a newbie/young. In addition to spending a lot of time on BP, find facebook groups relating to the different areas of interest. Follow other investors on FB and IG and go to local meetups. Check out Wholesaling Houses Elite on FB for Wholesaling. Follow @realestatejedi on IG. He is the owner of one of the REI companies I work for. He is 23 and owns hundreds of doors...Age doesn't matter.

Good luck!

Hard money can certainly work.  A few other great options are private money (think friends, family to get started), local community banks, and seller financing as other options.  On my first fix/flip I got a construction type loan from a local community bank.  I got referred to the bank from a real estate attorney that I know.  

Either route, utilize your network and I bet you will find the money in a way that will work for you.  Scroll you LI and FB connections to see who may logically have a connection that could be of value and reach out.  Good luck!

You could certainly try a small community bank in the area you are investing (would be helpful if you could tell them that is a target market for you and they can expect future investments as well. *If that is true of course*).  You can also look online for portfolio lenders and seek out private funds from people close to you.  $55k you could likely raise all the money with enough effort.  Good luck with the deal!

That works also.  I would recommend his podcast as well.  In the meantime I know there are several RE meetups in and around the LA area.  It won't let me tag them but David Gwilt and Powell Chee could certainly point you in the right direction.  I know David is on here and think Powell is as well.  Reach out and tell David I sent you his way. Good luck and hope to see you at an event in the future.

Hey @Ian Kirk I would recommend checking out a MF conference.  I have been to a couple of Rod Khleif events and would highly recommend.  You will learn a ton about starting in MF, and have the opportunity to meet/network with hundreds of people investing in RE already.  It is definitely worth the couple hundred dollars for the value added.  He has one coming up in MD in September.  If investing in MF is your goal, I would have a hard time seeing a way you wouldn't be glad you went...

Hi @Kahla Henry

1. Education

2. Take action

A great resource for getting educated is through following other wholesalers and joining wholesale groups on FB.  One person I recommend following is Max Maxwell on FB and his group Wholesaling Houses Elite.  He has grown a ton in the last 2 years but even with that his group and youtube channel have tons of information and contributors. 

When it comes to taking action you have to figure out where your deal flow will come from. An inexpensive approach is through Bandit signs, but you will want to make sure they are allowed in your target market...if not they will likely be taken down quickly which could be a waste of $. Another option is driving for dollars. If you are going to do that I would recommend the Deal Machine app. Another way to get educated and take action would be to attend local REI meetups, they may even have wholesale specific ones in your area..You can network with other investors and likely find you the beginning pieces of your cash buyers list.

Take aways: Get on some wholesaling FB groups/YouTube channels, read the about wholesaling on BP, go to your local meetups, NETWORK, hunt deals, and OFFER.

Good luck!

I have used Bank of Oak Ridge for a flip and will be using them for additional deals going forward.  Steve Guy is who you would want to speak with @ the Pisgah Church Rd. location.  

Hi @Michael Demby , check out Moss Woods https://mosswoodslaw.com/

They are close by in High Point and are great to work with.

Good luck!

@Anthony Thomas Check out Bank of Oak Ridge for deals in and around WS/Greensboro

@Han Oo What @Caroline Hardin said was spot on.  

@Abigail Cooper I have lived in WS/Gboro area for approx 29 years of my life. Happy to provide insight/feedback if you ever have any questions!

@Junior Cene I would love to hear about your north side properties.  The neighborhood I am building is in the Germanton rd. area and I have thought about buying/flipping over there.

@Shannon Young what @Adam McCurdy said is right.  "Cheap" doesn't necessarily mean good.  Winston, like all cities have pockets of places to avoid, unless of course you are interested in D areas.

@Matthew Burns  If you are still looking for a plumber/electrician I have a couple of each I would happily recommend.  Shoot me a message if still hunting for solid tradesmen.