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Updated about 7 years ago on .

User Stats

2,131
Posts
694
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Kuba F.
  • Real Estate Investor
  • Los Angeles, CA
694
Votes |
2,131
Posts

Are the sellers motivated? Estimated equity data gives a clue

Kuba F.
  • Real Estate Investor
  • Los Angeles, CA
Posted

Hey BP community,

Kuba Fietkiewicz here, founder of online real estate wholesaling software REIkit.com

Today I’m going to make it short and sweet, and let you know about a tool that will give you greater negotiation power with a motivated seller.

You’ve already done the work — you drove for dollars and door knocked, did skip-traces and cold-calls. Get an edge with “insider” information on the owner's loan history, including the estimated owner equity amount:

Discovering motivation is key in this business, and it’s incredibly easy with REIkit, by using the loan history information to:

  • Know instantly if there is any wiggle room at the negotiation table with Estimated Owner Equity Amount
  • See how many times the owners have refinanced
  • Use this knowledge to uncover whether they owe more than the property is worth
  • Save time by removing owners that you can’t help from your list before you engage them

Head over to the site to check out your property’s Loan History data by clicking the link below and signing up for a free, risk-free trial:

https://www.reikit.com

Any questions feel free to leave a comment below or chat on the site.

To your success!

Kuba

  • Kuba F.
  • Offering