Hard Money Lender with HomePort Capital, lending fast money for deals in Hampton Roads Virginia. EXPERIENCE: I bought my first primary residence in June 1999 in Virginia Beach VA, upon being transferred to San Diego California I turned it into a rental. I bought another primary residence in San Diego California in September 2003 (pre bubble), I thought I was going to a millionaire as my house shot up over 100K in 9 months. Then it happened, the CRASH!!! and I thought I would have to foreclose. I know that Real Estate is a long game so I held onto it and still own it today. I got transferred back to Virginia Beach Virginia and bought another house, then about a year an a half later bought another. Bought my last primary residence in June 2009 and then figured I take a break in the buy and hold strategy for a while. In May 2018 I did a huge cash out refinance and decide to do some home flips with the money. I’ve done two via General Contractor and one myself. I am moving away from the home flipping now and getting into just using my money to fund the professional flippers in the Hampton Roads area. SEEKING: Any investors interested in earning 10% APY for funding professional flip projects. Rehabbers that want a 4 month term at 10% flat rate for 65% LTV towards your ARV. ABOUT: I served over 25 years as an Active duty Navy Diver, upon retirement I gathered funds via TSP, Roth IRA, Home Equity and Family members to fund amazing rehab projects in Hampton Roads. I plan to continue to build up this capital, which will provide funding for more Real Estate deals in the future. lol
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