Robb

Ginny, it appears that you are well seasoned, and probably appreciate the power of networking, so I wanted to make you aware of a free online virtual networking event we host. The next virtual (Zoom style meeting) networking event is Tuesday, February 13th @ 7PM EST. The event will be attended by investors nationwide and all levels of investing, so if you are eager to share what you have to offer, or what you are seeking........register, attend and connect. Here is the registration link: https://zoom.us/meeting/register/tJ0ocOurrjMsHNP4M7_24AEV1IWQToKCbe0u See you there, Rob.

2024 Real Estate Market Projections PLUS AWESOME Virtual Networking ATTENTION!!! Mark your calendar for our ONLINE VIRTUAL Networking event happening Tuesday, February 13th @ 7PM EST join us for Knowledge & Networking. It is a Zoom style meeting. Discover what the real estate market currently is doing and what the 2024 projections for the market are in our "REI 2024 Market Outlook", PLUS network with others - share what you have to offer or what you seek. This will be an AWESOME free ONLINE event. Register here: https://zoom.us/meeting/register/tJ0ocOurrjMsHNP4M7_24AEV1IWQToKCbe0u A chance to share what you have to offer (properties, products, services, money, etc.) or what you seek (money, properties, mentorship, partners, etc.). Do not miss this AWESOME free ONLINE event. Register here: https://zoom.us/meeting/register/tJ0ocOurrjMsHNP4M7_24AEV1IWQToKCbe0u WE ARE ANTICIPATING A LARGE ATTENDANCE OF INDIVIDUALS ACTIVE IN REAL ESTATE INVESTING ON MANY LEVELS. SEE YOU THERE! If the link in this posting doesn’t work, you can register at: www.REIknowledge.com/#event

Although it is an aged post, I will supply my thoughts in case they van help anyone else. I believe that everyone brings something to the table. You must find out what that something is for you. If it isn't money, it might be the ability to locate properties (off market) that can be purchased (below market value), or it might be time. Time that can be spent searching public records (even online), or time spent posting on social media platforms for other real estate investors. Nail down what you can bring to the table, then find real estate investors that need what you have to offer and then learn from them what you seek. If you have email (hopefully all do) and you want to learn from seasoned investors, then consider subscribing to our FREE online newsletter that is released weekly to our Readers and supplies Knowledge, Resources & Contacts gained from hands-on, in-the-trenches experiences via seasoned minds. Learn from their mistakes and Leverage their successes. Here is where you can subscribe for free: www.REIknowledge.com Good luck, Rob.

In my opinion the team will consist of many members, and depending on your style of investing, the members may vary. However, some that will be commonly on the team are: settlement agents, insurance agents, wholesalers (locating off market deals), investor-friendly realtors (for bidding on listed props, for "pocket listings", for bidding on foreclosures, short sales, government foreclosures, gaining ARV comps, etc. Also realtors that specialize in retail listings and/or first time buyers (if you are flipping props). Contractors of various types and specialties, and lending or capital sources. As for the order that they are gained, it depends, but for me it would be a toss up between the capital sources and the property locator sources (sort of which came first, the chicken or egg). Then followed by settlement agents, insurance agents and contractors. This might not be the same for others, as it depends on what team members you need vs may not. One thing that I found to be true was that the team grows over time and sometimes the need to replace team members is necessary. Good luck!

Kevin, I know that this is an aged post, but reach out to me when possible and help me understand why you need the credit partner (sponsor). My email to reach me is: Rob@rehabfinancial.com Thanks, Rob.

Let me explain. As a direct lender (since 2009) we finance 100% of the purchase & rehab amounts OR 65-70% of the ARV, whichever is less. As a newbie (or less than 3 completed rehabs in the last 3 yrs) the loan would be capped at 65% of the ARV. As an experienced investor (3+ completed rehabs in the last 3yrs) the loan would be capped at 70% of the ARV. If you can squeeze the purchase & rehab totals into 65-70% of the ARV, then its 100% financing of those costs! However, even with 100% financing, you still have to come to the table with: lender fees, some prepaid interest and closing costs. We offer this loan on 1 to 8 unit properties (even mixed use) in 37 states. It is maximum use of our capital, and minimal use of yours. If this makes sense to you, please contact me at: Rob@rehabfinancial.com or Direct: 215.913.1580, Rob.

Glad to hear of your venture into connecting money with those who seek it. I am a former investor (10 years) and current lender (10 years) and enjoy helping real estate investors get their purchases (projects) to the closing table. I am a member of the team at Rehab Financial Group, a direct rehab style lender. We gain many borrowers from referral sources (such as: mortgage brokers, realtors, wholesalers, settlement agents, accountants/bookkeepers, etc.). I welcome the opportunity to start a relationship with you as a referral source being paid your fee on the loan closing HUD. Most of our referral sources earn between 1%-2% of the loan amount and we do all of the work (keeping you in the loop during the loan processing). If you network with real estate investors that could benefit from the use of our money (up to 100% financing of the purchase & rehab), here is my contact info: Rob@rehabfinancial.com Direct 215.913.1580, Rob Beeman.