All Forum Posts by: Kory Giddens

Jeshua & Jay, I believe greedy was a very poor choice in wording. I apologize. It was more so them trying to buy the deal themselves before it was all under contract. I can see how I came off as a greedy kid with my initial post.

Thank you! I will look into those!

On a side note, I enjoyed listening to the Wheelbarrow Profits podcast episode you were on Jay!

Hello all,

I currently have a package deal of about 100 properties and notes under contract for a really good price. We have a couple of potential lenders lined up, but was wondering if anyone has any good ideas on how to find a good commercial, hard money, or private money lender for a multi-million dollar deal. A lot of the people I have spoken to are flaky or end up becoming overly greedy (even the lenders I we have worked with in the past), considering the big numbers we are working with. Any ideas? 

Hey Will, 

I look forward to attending this next meetup! I can't wait to hear more about the investment properties you own. Are they doing pretty well since the last meetup?

Hey everyone, I have a lot of tedious data-entry work that is just way too time consuming for me. I've automated the majority of my systems that I can, but some tasks just require that human element. I'm trying to find a good, cheap VA that I can hire per job, instead of hourly, as most sites seem to require a minimum number of hours per week. Hourly is okay as long as a weekly minimum isn't required. Any suggestions will be greatly appreciated. Thanks!

Bringing chips and drinks. Looking forward to seeing everyone there!!

Unfortunately banks can not order their own appraisals. Banks either have to have an appraisal desk set up (a department separate from the department in charge of making loans), or have to order the appraisal directly from an AMC (Appraisal Management Company). The reason for this is to keep loan officers from asking appraisers to bump the value. The world of appraisals used to be a little corrupt. So more than likely, a new appraisal will have to be done.

I'll be there

Oops, my bad. Just saw it.

I can't fully open the post. What is the asking price on this property?

Where are you getting your ARV's? The highest sale's price on that road is 170k.