All Forum Posts by: Manuel Segarra III

Good Day Ashley,

Please reflect on calling Guild Mortgage, ask for Jarrett Rodgers ... Jarrett is focused on real estate investors, which is how I got my first mortgage for a property in Colorado Springs ... Good Luck Ashley !

Kudos !  One lesson to share please ?  
Doing my first house hack now, getting close ... Denver market is hot, duplexes disappearing in 1 day !  RSVP & keep up the good work !

Respectfully,

Manny Segarra 3

Greetings BP !

Looking to leverage the great community in looking for my first house hack !
Right now, I am working with an agent, looking on MLS and now reaching out to this
network to help with my search ... This is my first year on BP ...

Please RSVP if you can help or want to make a new friend !
My value add to you :  Build relationships & teams, analytical, cash to invest, research is fun,
believe in outdated concepts of Honor, Transparency & Loyalty.

Stay Safe !  BE Kind !

Respectfully,

Manny Segarra 3
New Investor

This is relief for the other side of the " no evictions " declaration !
Help for everyone, including landlords & investors !

https://www.sba.gov/page/disaster-loan-applications

Manny3

Hello @Christian Albright , my name is Manny Segarra, here in Denver area ... Thinking about the same approach for 2020, perhaps we can connect & learn & support each other ?

RSVP

Manny3
New Friend

Greetings All !
I'm a Pro member and I'm curious if our calculators work on commercial property calculations ?
Looking at an apartment complex deal with 58 units ... I MUST be doing something wrong since my CoC return number is way off like 238% , which is much bigger than the 6.75% for the first year ...

Any thoughts ?

Respectfully,

Manny3

@Stephen Kunen Thanks for the post !

I had a more general question ? I've heard about "Builders Grade" materials as being rather inexpensive/cheap !
But what are the other grades ?

For example :  Kitchen countertops made out of laminate could be Builders Grade
                      Granite countertops would be what grade ?  Top of the line ?

Just looking for a scale like :  Builders Grade = 1 ... Top of the line = 5

Thanks for teaching me !

Respectfully,

Manny3
Newbie

PS.  @Nicholas DiPasquale . Looking for a $300 - $500K deal

Thank you all for your replies !

@Nicholas DiPasquale My first thought about where to buy is Aurora or Littleton, older communities with established infrastructure, diversity, growth(?).  Thinking about private or hard lenders, don't know if I 
want to go with hard money on my first flip, that sounds dangerous !  Looking for a GC that is collaborative, since I don't know how to look for problems ... Need someone with experience about
what is possible in a home i.e.  " we could take down this wall " , " we can move the stove over here " , 
" you could add a room over here " 

@Walker Noon Thanks for connecting !  Not looking for office space but of course you are welcome to 
join this thread and learn and make new friends !

@Beth Hickey Thanks for sharing your experience !  How did it feel and what did you learn in your first deal ?

Respectfully,

Manny3

Greetings BP !

Hoping you are well today ? 

I am a newbie investor, out in Denver, CO, going for financial independence and building legacy for my nephews 

I have one of my CORE FOUR, a real estate agent I like and doing a land deal with !
Putting my team together for my first fix & flip in Q1, 2020 ... Creating LLC this Friday with my CPA,

Getting some funds together for closing/soft costs ... Looking for a lender for newbies, thought about going
with a lender from BP list, have any recommendations ?

Next I will need a GC, whom have you worked with in the past ?

Thank you for any advice , willing to trade messages and share what I have learned so far !

Respectfully,

Manny3