All Forum Posts by: Sam Nadar

@Chris Nalim North/NorthEast 

@Rebecca Panosso do you remember the episode? Or the persons name? 

Do you have a good success story doing BRRRR in Houston?
Do you have a bad story doing BRRRR in Houston?

Anyone know a really good wholesaler in Houston, TX? (Single & small multi )

Hi there!
My name is Sam, and I'm a newer investor here in the Dallas DFW area.
After months of researching, reading, networking with local contractors/investors/lenders, I am now ready to start taking my first steps into growing my own RE portfolio.

I'm looking for a financial partnership to get this started!

"MY WHY"
I'm a hardworking family man, married to my beautiful high school sweetheart of 11 years and now with a lovely baby girl, and I believe they deserve a financially stable future, and I know RE will get us there!

"MY WHAT"
Phase one- My goal is to FLIP 2-3 homes this year (2018) to build about 30-50k cash in the bank for stability for my next phase of investing.Phase two- Will be to acquire "BRRRR" (single family/small multi) properties to generate passive income to then build a solid future for my family.

"MY HOW"
-I have a strong knowledge on RE investment and how to analyze deals and look at the numbers.
-I'm currently connected with local wholesalers and agents in my local market who are feeding me deals on a daily basis, all the while driving for dollars looking for deals.
-I have a very solid group General Contractors and subs ready to break ground.
-I've created a good relationship with a handful of highly respected lenders in my area who will be happy to lend me the finances needed to purchase and rehab properties as soon as I have "lenders cushion" or liquid cash in the bank used for closing costs / point / monthly payments.

"How can YOU help"
I'd like to give someone an opportunity to earn high rates of return on very little cash by helping me with the so called "Lenders Cushion" or liquid cash. How you ask? Like I mentioned, I'm a newer investor who is looking to "close successful deals" rather that "make money". So I'm happy to give a generous amount of my profits in order to get the ball rolling.
Like my friend Brandon Turner says, "50% of a good deal is better than 100% of no deal".

Please feel free to contact me for questions/interview/ or to simply know my story!

-Sam Nadar
KingdomPropertiesDFW@ gmail.com

469- 305 -0380

Hi there @Reginald Truss, Thanks for the reply.
I'm mainly asking because all of the banks and long term lenders I'd like to cash out refi my properties with only do up to 70-75% ARV. I spoke with someone from another state that found a portfolio lender that loaned 85%, and my draw dropped.
There has to be someone here in the Dallas / Texas area that does that too.

To answer your question, the properties I'm looking into are from 90k - 200k range (ARV).

Do you know someone ?

@Account Closed Thank you, I'll reach out to him.

I'm in Dallas, Texas ( DFW )Does anyone know of any lenders that will refi a property at 80% or more of ARV? And/or that does it with NO seasoning period? I'm working on getting BRRRR deals up and going, and if I could find some type of portfolio lender in my area, that would be incredible!

Thank you for your help!

I'm from Dallas Texas, DFW.
Does anyone know of any lenders that will refi a property at 80% or more of ARV? And/or that does it with NO seasoning period?
I'm working on getting BRRRR deals up and going, and if I could find some type of portfolio lender in my area, that would be incredible!
Thank you for your help!

Hey Kris! Welcome to REI world.

Please allow me to be your first buyer. If you came across any deals, send them my way, and I hope to close a deal w you soon. 

KingdomPropertiesDFW@ gmail.com