Dallas-Fort Worth Real Estate Investor Club

Newbie

  • 04 Mar 2016 2:16 PM
    Quote
    Message # 3861522
    Deleted user

    Hey guys,

    I am new to DFW REI Club and just wanted to say a quick hello to one and all..

    Me and a couple of co-workers are setting up an investment company and are deciding on our first property. Of course, we are unable to fund this ourselves and are looking for a hard money lender in our area. I would love any feedback or recommendations for any lender in the DFW area but especially in the south as we are located in the Mansfield/Arlington area. 

    Looking forward to making it out to a meeting one weekend to meet some of you guys!

    Chris
  • 04 Mar 2016 5:16 PM
    Quote
    Reply # 3861743 on 3861522
    Robin Carriger (Administrator)

    Hey Chris,

    Welcome to DFW REI Club!  The best hard money lender in the business is Terry Weakley.  He'll be one of our primary speakers on Saturday, March 12, 2016.  Terry and his son, Taylor, are great guys with a lot of experience.  You can click here for their contact info, etc.  I look forward to meeting you in person at one of our weekly meetings.

    Thanks,

    Robin
  • 05 Mar 2016 9:19 AM
    Quote
    Reply # 3862747 on 3861522
    Jesus Galaviz

    Hi Chris,

    Good luck to you and your crew in your REI endeavors.  Perhaps you should focus more on wholesaling for the time being.  The risk is much lower, the timing is much quicker, and you can make good money at it.

    Your job is finding deals, whether you're a rehabber, wholesaler, or whatever.  I suggest you spend some time getting good at this first, and it will require some effort, before you move on to the complexities of fixing up properties.  Once you have a deal under contract, you can flip it to buyers with financing and move on to the next thing.  There are PLENTY of buyers out there, and you can post your deal on this forum if you're having any trouble finding one.

    Let me know if I can answer any questions for you.  

    comanche3000@live.com
    979-450-1994
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