All Forum Posts by: NaDean Bowles
NaDean Bowles has started 8 posts and replied 134 times.
Post: Down payment any advice

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
@Al Zeman, can you tell us more about the deal? Have you tried getting a loan for the whole thing?
Post: Kansas City, MO (KCMO)

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
Is there a searchable database online to find out the name and contact information about a property in Kansas City, MO?
Post: How did you FUND your First Flip?

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
@Jasmine Bakewell-Barre', I bought a property at the tax auction that was (thankfully) redeemed. My second property I managed to seller finance for zero percent. I'm a loan broker now and I would completely go that route. I have a couple right now applying for their first property. They are going to do a rehab with $20K profit. They are doing it right.
Post: I am looking to go South to flip for the winter. Any ideas??

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
@Matt Mueller, I'll message you.
Post: Pros and Cons between 15yr, 20yr, or commercial 5/20- LET'S TALK!

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
If the $150 doesn't affect you, I would take the shorter term with the lower interest rate.
Post: I am looking to go South to flip for the winter. Any ideas??

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
Are you more interested in the vacation potential of a location or the profit potential/ROI? For ROI, Little Rock is a great market. I'm in Little Rock myself.
Post: Current business owner getting started in REI

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
Hi @Jeremiah T.,
I'm a commercial loan broker and while the first loan put through may be at a slightly higher interest rate, the following loans will be much easier and typically have lower rates/less points.
Post: How do you vet distant professionals?

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
Do your best due diligence long distance and then fly out there before you hire anyone and the first several deals followed by the big deals and bi-annual or quarterly random checkups.
Post: Please suggest portfolio or mortgage lenders in Charlotte, NC

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
I am a commercial lender but if I were you, I would look into getting a HELOC on your house from a traditional bank.
Post: TEXAS investor selling ALL their rental properties

- Investor
- Little Rock, AR
- Posts 152
- Votes 40
Buy them with owner financing. You take all the responsibility and she still gets the cash flow she's become accustomed to.