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All Forum Posts by: Kaelyn Hearn

Kaelyn Hearn has started 16 posts and replied 31 times.

Post: What is the Process like Buying a Short Sale??

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

@Jeff Wallenius Okay, so about 6 months. That's a long process but if the numbers work then it will be worth the wait. Thanks Jeff

Post: What is the Process like Buying a Short Sale??

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Hi there,

Can someone please help me understand what the process is buying a short sale? How much are the fee's? Can the purchase price be negotiated? What are the pro's and con's of a short sale?

Thanks,

Post: How long did it take to get Your 1st DEAL???

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Hello Everyone,

Just curious to know how long did it take you to find your first deal and where did you find it??? 

Post: Owner Financing on a Duplex

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Thanks Kenny for the prompt response. Your advice is much much appreciated. 

Post: Owner Financing on a Duplex

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Hey BP Members,

Does it make since to purchase a duplex with owner financing for a property overpriced? The owner wants to hold it for 15 yrs. I never owned anything but i really want to get in the game... Thoughts anyone???????? What would you do????

Post: Excited to start Investing

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

HI Lucas,

Thanks for your insight. I'm learning more and more each day and can't wait for an opportunity to reveal itself to me. 

Post: Looking to Help Beginners ! (Investing , Financing, Managing)

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Hi Bryant,

Where are the best deals found? Do you buy list, search the MLS, go to REI Clubs, etc. ?

Post: Excited to start Investing

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Thank you all for the feedback. 

Post: Excited to start Investing

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Hey everyone,

I've been thinking about getting into investing for some time now. I'm trying to figure out whats the best strategy for my situation. I'm 31 years old and a single mother who wants to build wealth (cash flow). I've been doing research on owner occupied multi-family properties (duplex) as my first investment. The area where I live is to expensive so I've been looking in Pierce County (Puyullup). Any advice???

What should i be looking for as far as how much cash flow and the cash on cash return?? 

Post: Agent Commission towards Fannie Mae Duplex- Washington

Kaelyn HearnPosted
  • Real Estate Agent
  • Sammamish, Washington (WA)
  • Posts 33
  • Votes 2

Thank you Russell!