Hey everyone and I am really glad I came across this forum, it has helped with a lot of questions I had already.
I am looking for someone who I am able to look to as either a private investor/angel investor/non-bank loan (hard money?). The reason for this is I am only 20 years old, and whenever I have talked to the banks they have said that I do not have credit history for long enough to come back in a few years
.
However, here is what is going on:
I have been involved in Real Estate since I was 14 and absolutely love the industry. I am now a fully licensed Real Estate agent with RE/MAX and love my job. However, I have done one residential rehab and helped quite a few investors get started so now its my turn!
I have been researching the living daylights out of several properties as I know how to calculate the ROI and frankly a lot of buildings, etc are not worth it. I have several buildings listed under $60,000 each which have full occupancy currently (some Section 8) with a minimum gross monthly income of $3,500 per building currently.
I also have done property management on the side for a couple of people I know and have decided to make a business out of it, as I have done quite well.
Well anyways enought of that, I need someone to talk to about taking out a loan, or a financial investor. I do prefer being in charge of things however so maybe a loan would be best. I have done a ton of research into this and have finally got everything ready to go. The market in Cincinnati is very steady and does not exprience the fluctuations that a lot of the markets throughout North America do.
If anyone knows of anywhere to go, or someone to talk to in regards to a loan whether its hard money or what have it please let me know!
Thanks in advance
David
I am looking for someone who I am able to look to as either a private investor/angel investor/non-bank loan (hard money?). The reason for this is I am only 20 years old, and whenever I have talked to the banks they have said that I do not have credit history for long enough to come back in a few years
.However, here is what is going on:
I have been involved in Real Estate since I was 14 and absolutely love the industry. I am now a fully licensed Real Estate agent with RE/MAX and love my job. However, I have done one residential rehab and helped quite a few investors get started so now its my turn!
I have been researching the living daylights out of several properties as I know how to calculate the ROI and frankly a lot of buildings, etc are not worth it. I have several buildings listed under $60,000 each which have full occupancy currently (some Section 8) with a minimum gross monthly income of $3,500 per building currently.
I also have done property management on the side for a couple of people I know and have decided to make a business out of it, as I have done quite well.
Well anyways enought of that, I need someone to talk to about taking out a loan, or a financial investor. I do prefer being in charge of things however so maybe a loan would be best. I have done a ton of research into this and have finally got everything ready to go. The market in Cincinnati is very steady and does not exprience the fluctuations that a lot of the markets throughout North America do.
If anyone knows of anywhere to go, or someone to talk to in regards to a loan whether its hard money or what have it please let me know!
Thanks in advance
David
