All Forum Posts by: Account Closed
Account Closed has started 1 posts and replied 5 times.
Post: Happy 2015 BP- Newbie from Los Angeles, CA
Account ClosedPosted
- Lender
- San Diego, CA
- Posts 12
- Votes 5
Welcome to BP! Good luck in 2015. This is an awesome place. I've been listening to as many podcasts as possible. They're wonderful!
Post: New Member from Palm Bay FL
Account ClosedPosted
- Lender
- San Diego, CA
- Posts 12
- Votes 5
Welcome! This is a great place to meet like-minded people and get a wonderful education!
Thank you all for the information! My initial reaction is that going "big" (buying large multi-unit property) has several benefits. But as I've learned from the podcasts, I'll need to start small and build a track record with my projects in order to build relations with other investors and banks/bankers. Let me know if you guys agree on that one.
Awesome! Thanks for letting me know. Do you know if there is a specific dollar amount they need to reach in order to be at the non-recourse level? I'll look into it as well.
I'm new to real estate investing (haven't done a deal yet), and have heard some talk about loans being non recourse if they're above a certain dollar amount or for a large property. Do they exist?