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All Forum Posts by: Drago Stanimirovic

Drago Stanimirovic has started 10 posts and replied 458 times.

Post: building a team

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Congrats on your new deal, Elvin!

For an investor-savvy team in Jacksonville, local meetups and REI groups are your best bet for finding a realtor who actually invests, plus trusted contractors and CPAs.

Are you planning to flip or hold this property?

Post: New Member, Chicago Illinois

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Welcome, Everton great to have you here.

With your licensing background, you’re well-positioned to dive into syndications. Low-income housing is a smart niche with strong long-term demand.

Are you and your partners targeting specific neighborhoods in Chicago for your low-income housing investments?

Post: First Deal? We’ll Fund It – No Experience Needed

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

🏡 First Timer?
💥 No Problem – We Fund First Deals FAST.

Zero experience? No sweat.
No appraisal? No issue.
Need speed? We close in 48 hours.

🔑 Explore 2 killer options:

📌 Option 1 – Fix & Flip (No Appraisal)

  • Up to 80% LTC + rehab

  • 620+ credit score

  • Rates from 9.9%–11.9% interest-only

  • 6–12 month terms – no prepay penalty

  • Fast closings, no income check
    (Available in most states)

📌 Option 2 – 100% Financing

  • 100% purchase + 100% rehab

  • Rates from 12.75% interest-only

  • 650+ credit, no income docs

  • Up to 75% ARV (based on flip experience)

  • Only in select counties across 18+ states

📲 Call/Text 305-439-5911 or [email protected]
Let’s make your first deal your fastest win.

🔥 Start now before the next one slips away.

Post: Always Be Open to Be Creative

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Love this, Jay. Totally agree, creativity is one of the biggest levers in this business. Structuring true win-wins like this keeps both sides invested in the success of the deal. Appreciate you sharing the breakdown, definitely sparks ideas.

Post: Short Term Rental viability

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Hey Michael, smart idea combining visits with STR income. You're right: Buffalo's STR rules vary a lot by neighborhood. Areas like Elmwood and North Buffalo are popular but have tighter zoning, so it's worth checking permit availability upfront.

Post: Recommendations for Funding

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Hi Joy, great question and welcome to REI!

Those lenders are solid, but for a heavy rehab, some first-time investors also explore options that skip appraisals, offer 100% financing (purchase + rehab), or close faster with fewer docs.

Success often comes down to finding a lender that works with you on that first deal, not just the cheapest rate. Let me know if you need any help on your first project!

Post: Flipping houses in the area as a beginner

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Hey Javin, great to hear you're ready to take action, getting started is the biggest step. If you're looking to flip houses, start by focusing on finding a solid deal where the after-repair value (ARV) gives you enough room to cover purchase, rehab, and still profit. Run the numbers carefully and build a trusted team: contractor, agent, and lender.

Post: Introducing myself to the community

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Welcome to the community, Bader! Great to have you here. If you're getting into real estate or just exploring, this is a solid place to learn, network, and grow. Feel free to share what you're looking to do buy, invest, flip, build and I’m happy to help with any advice or other support!

Post: Hello BiggerPockets! Looking to start building a portfolio in the NY / NJ market

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Hey Karl, welcome to the game, sounds like you're ready to scale up smart. NY/NJ is a tight but opportunity-rich market, and the BRRRR strategy works well here if you can buy right and move fast. You'll want a solid team of agent, contractor, lender, and property manager dialed in early. BiggerPockets has some active NY/NJ investors, and you should definitely check out local REIA groups and Meetup.com for events in Westchester, Bergen County, and NYC. Happy to connect further if you need deal support or any other help.

Post: First time buyer, LLC Registration question and looking for a new CPA.

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 495
  • Votes 217

Hey Bastien, good move forming the LLC. Yes, get an EIN, it protects your SSN and makes banking easier. To get your TN State Tax ID, register your LLC through the TNTAP portal at tntap.tn.gov. You don’t need a CPA to do it, but having one helps with TN-specific taxes.