All Forum Posts by: Taylor Dasch

When I was searching I tried to search in the areas closest to me. The more potential it has for both appreciation and cash flow, the higher risk it would be I believe - I would try dialing one in(appreciation or cash flow). If you cant find any close to you, I would start looking at the price point I would like to be at, then find markets that have homes in this price point, write them down and analyze them and see which one fits your goals the best. But also look into Temple, TX ;)

0 Votes

New York City, New York

Real Estate Agent

Post: Direct Mail for Listings — Any Investor-Friendly Agents Still Doing This?

Taylor Dasch

Posted April 24, 2025 08:29

Real Estate Agent
Temple, TX
Posts 890
Votes 646

I have done okay when I was doing the personalized hand written letters just got pretty lazy. How has your success been? I found that going to their door is more effective honestly.

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Buying & Selling Real Estate

Post: Thoughts on Mortgage Rates in Short Term

Taylor Dasch

Posted April 21, 2025 06:02

Real Estate Agent
Temple, TX
Posts 890
Votes 646

No idea, but I wouldnt think they would go down enough to be worth the risk of not locking it in. I want to say that a few lenders will let you re lock for a fee if they do go down though. Reach out to Jay Hurst on here!

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I dont think most banks will advise on house hacking / investment strategies. You can get in a home for a lower Down Payment with a FHA loan and I believe FHA is a little more flexible with the DTI than a Conventional loan.

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New York City, New York

Private Lending & Conventional Mortgage Advice

Post: How did you find your PML partner?

Taylor Dasch

Posted April 07, 2025 10:45

Real Estate Agent
Temple, TX
Posts 890
Votes 646

Quote from @Chris Seveney:

Quote from @Taylor Dasch:

Hey guys, I have noticed that I pass up about 2-3 decent deals/ year due to not really having funding, I also have a mindset where even the smallest wins count so If I can make 15k off a flip - assuming that the numbers are very safe - I am happy to do that and continue it at scale. But I have had trouble finding partners to go in with me on deals like this ( 30k profit) Typically they want to see a percentage which is understandable, but I am wondering how all of you flippers / investors found your PML partner or if yall just use HML ??

For some of these smaller deals you could do participation agreements - its like a JV where you put in X percentage and the partner brings the rest, its still one loan so its not a first and second position. See it a lot in commercial real estate on larger loans as credit unions do not like big numbers - it can be used on smaller scale as well.

Will definitely look into this! I appreciate the comment!

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Killeen, Texas

Man that sounds like a great deal for HI! I didnt realize you could find something like that in Hawaii. Great find.

0 Votes

Private Lending & Conventional Mortgage Advice

Post: How did you find your PML partner?

Taylor Dasch

Posted April 05, 2025 12:16

Real Estate Agent
Temple, TX
Posts 890
Votes 646

Quote from @Jay Hurst:

Quote from @Taylor Dasch:

We are a lender, that is what we do for a living. So, I guess that makes us not a PML? I have never really understood the difference between these two unless you are looking for unsophisticated folks to give you money on deals that do not make sense to lend on. The reality is that a loan that does not make sense to lend on does not make sense to buy in the first place. There should be room for everyone to make money or the deal is just to tight to leverage. (leverage does cost money or why would anyone take the risk?)

If more investors saw their lenders as partners, instead of transactions you would understand that advantages of that. We do deals cheaper for repeat borrowers and we do deals that we might not with repeat known borrowers. Just yesterday we closed on a deal at 80% ARV with nothing into the deal except closing costs for a known quantity borrower. (Not every deal would work for even known borrowers like that but this deal's parameters allowed for it including a small rehab budget, so small hold back even at 75% ARV but the point is when you have a relationship not every thing is cut and dry. When a borrower treats the lender like a commodity expect to be treated in kind.

Very good point. Ill be hitting you up next time I get something and hopefully we can work it out. I appreciate the insight!

1 Vote

Killeen, Texas

Private Lending & Conventional Mortgage Advice

Post: How did you find your PML partner?

Taylor Dasch

Posted March 27, 2025 07:00

Real Estate Agent
Temple, TX
Posts 890
Votes 646

Quote from @Brandon Croucier:

Whats been your constraint? Investors with a good level of experience in flipping can get up to 90% LTV on a purchase + 100% of rehab. Are you not able to come up with the down payment + closing costs on these deals & are looking for someone to come in and fund that portion of the deal?

I honestly just havent been liquid enough to do a 30k+ down payment. But that is a good idea to just partner for a DP / cc. Thanks for the comment!

0 Votes

Killeen, Texas

Private Lending & Conventional Mortgage Advice