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All Forum Posts by: Dennis Knapp

Dennis Knapp has started 9 posts and replied 24 times.

Post: Dscr loan to small?

Dennis Knapp
Posted
  • Posts 26
  • Votes 20

is there anyone that will give me a dscr loan under 100,000 I found a cashcow rent ready for $55,000 for sale by owner. it currently rents for $950.00 and its rented now! This will be my first rental property other than my house hack duplex please help, Thank You

Post: any private Heloc lenders

Dennis Knapp
Posted
  • Posts 26
  • Votes 20

anyone know of private lenders that will do a heloc? i have 30 years in my trade but started my own company 1 year ago and the traditional banks want to see 2 years of self employment. PLEASE HELP

Post: driving for dollars

Dennis Knapp
Posted
  • Posts 26
  • Votes 20
Quote from @Henry T.:

All of my spam calls, and the reason I never answer a phone is because of people like you. I suggest you send a nice letter, with your full name with an address. Anything without full details of who is contacting me goes straight in the garbage. Just for fun, I kept every mailed piece for a year in a large box. It weighed 54 pounds when I threw it in the recycle.

agreed, thank you

Post: driving for dollars

Dennis Knapp
Posted
  • Posts 26
  • Votes 20
Quote from @Richard Schubert:
Quote from @Dennis Knapp:

so I am driving around looking at not-so-nice homes and looking up to see if mortgages are left on the property because I'm looking for seller financing possibilities. the problem is the software i am using does not give me the seller's phone number. Does anyone know any software that provides this information? I really appreciate any help you can provide.

I got nothing on the phone numbers, but I would say that I would be a little upset if I got phone calls asking to sell my house. A nice hand written letter with your contact info might be more appreciated.

 okay makes since

Post: Im considering private lending

Dennis Knapp
Posted
  • Posts 26
  • Votes 20

i only found lend to live by alexandria bresh is that the same book?

Post: driving for dollars

Dennis Knapp
Posted
  • Posts 26
  • Votes 20

so I am driving around looking at not-so-nice homes and looking up to see if mortgages are left on the property because I'm looking for seller financing possibilities. the problem is the software i am using does not give me the seller's phone number. Does anyone know any software that provides this information? I really appreciate any help you can provide.

Post: super excited to start investing

Dennis Knapp
Posted
  • Posts 26
  • Votes 20
Quote from @Jerry Huerta:

Hey Dennis! what are some of your investment goals? 


 I want to flip a couple and then hold one in 2025 and in 2026 hold 2 and build from there. This is a very modest goal all on my own without any investors. with help i could scale much quicker. I need some flips for capital. I have taken courses on buying tax defaulted deeds at auction so my plans are to buy 40, 50 60 cents on the dollar.

Post: We're seeing Record Rent Rate Inflation in Garfield Heights Ohio

Dennis Knapp
Posted
  • Posts 26
  • Votes 20
Quote from @James Wise:
Quote from @Dennis Knapp:

same with my double on the wesr side of cleveland


 How much have you been able to increase the rents on it since you've owned it? We're seeing a lot of that on our westside Cleveland properties as well. We have a ton of those apartment buildings on Ridge Rd between Biddulph and Denison. When we started buying them in 2013/2014 many of the units were renting for $450-$485/mo. Today those same units, we're getting $900+.


 25% in 5 years

Post: We're seeing Record Rent Rate Inflation in Garfield Heights Ohio

Dennis Knapp
Posted
  • Posts 26
  • Votes 20

same with my double on the wesr side of cleveland

Post: Fix and Flip 100% Financing Opportunity for Real Estate Investors

Dennis Knapp
Posted
  • Posts 26
  • Votes 20

I am interested in partnering in the cleveland ohio area