All Forum Posts by: Kevin K.

Hoping to find some input on a minimum viable product for wholesalers or flippers looking for off market deals. I’m an AI data scientist by profession and a rental owner as well. I’m exploring the idea of creating a tool to automate potential targets/leads for prospective sellers before they hit the market. I’m looking for some validation that:

1) Such a tool is something useful to you vs using your intuition. Maybe driving for dollars is sufficient. No need to invest the time if it’s not solving a true problem for the investor.  

2) are you more interested in the data or simply in the lead, and what kind of conversion rate would you consider successful? (Ie vs  cold mailing? Etc) 

3) you would be interested in sharing pitfalls and pain points of the off market process (obviously not looking to get anyone’s secrets here but if you’re willing to share portions of strategy would be happy to discuss and see if we can build based on that.)

if anyone here is willing to share some insight or knows someone who might be please feel free to share the post or contact me

@Brit F. Thanks for clearing that up for me, and a lot of thanks for that blog post you wrote. Incredibly helpful.

@Brit F. @Allen C Herring

Hey there,

So if I'm gathering this correctly and understanding. The fannie backed mortgage I currently have would be transferable to my LLC provided it met the guidelines of D1-4.1-02. In my case the mortgage closed prior to their required date in 2016, and is 4 years old already, so I am not eligible for transfer.

So is my only other option here on the mortgage in question (a rental) to either just shoot for the umbrella insurance policy, or to refinance out to either a commercial loan or some other loan option?