All Forum Posts by: Kyle Curtin

@Jason P.

Thank you so much Jason, I will definitely keep that in mind! Thank you!

@Irene Nash

Thank you so much for the answer Irene, it means a lot! I will definitely take notes on that and keep that in mind! Thank you so much!

Hi everyone!

I just had a quick question. So I am have a full time job and am a newer agent that is not experienced and am looking for my first property and wanted to hear the communities opinion on this.

I see online expireds as well as active properties with few gallery pictures of just the outside of the property with high DOM in a fast paced market assuming there is something going on inside. Can I call the listing agent and ask what is a large concern with the property that would turn away most people to find out what is wrong with it and dig further? Or would I have to more or less walk the property and then try to find something off? Or potentially put in an offer and find out from the inspection? I know it’s in the listing agents best interest to sell the property, but would he/she disclose the information if I called and asked?

Thank you,

Kyle Curtin

@Michael DeLaMarre

Hi Michael! Thank you so much for your answer! I’ll definitely keep that in consideration to make sure to have really adequate reserves and try to decrease the risk of going underwater as much as possible! Thank you!

@Andrew Chapman

Hi Andrew,

Thank you so much for the response! I’ll definitely keep that in consideration and stay consistent. I am pre qualified for 350k, I’ll send you a message!

Thank you,

Kyle

@Michael H.

Thank you so much Michael! That is a really good point, I like that number much more in this market. I will definitely let you know as I experiment with more marketing to motivated sellers. Do you have any price range or area?

@Sam Lewis

Hi Sam!

Thank you so much for the great response. I am a Realtor and the MLS has been pretty dry for my criteria, but I'll definitely remember asking the seller if he/she would consider a carry back on closing costs, that's a really smart idea! For wholesaling, that is also a really good point, I will have to look more into it!

Thank you,

Kyle Curtin

Hi everyone!

I have a quick question that I would love to hear the communities opinion on! So I am currently on the hunt for my first 2-4 family househack in Lowell, MA or Haverhill, MA under 350k. The on market volume is still pretty low in my neck of the woods and I have been considering sending out mailers/driving for dollars ect. to have some extra firepower to create more opportunities. The only thing that worries me is I only have about 20k in cash that would comfortably fit a 3.5% down payment on market with reserves and a small amount to start repairs. I am very attracted to a seller financing deal but started checking out lists for 100% equity to avoid the due on sale clause and haven’t found many results on list source. I envision using wholesaling as a secondary method to attempt to try to satisfy the leads that are not attractive as a househack.

Would it be worth it to market to motivated sellers for a first property with a small amount of capital or keep waiting for the on markets?

Thank you,

Kyle Curtin

@Daniel Ziner

Thank you so much Daniel, I appreciate it! That sounds good!

Hi everyone!

I just have a quick question and would love to hear everyone’s thoughts. So to provide a little background, I have been studying real estate investing, househacking and connecting with people in the industry for a while and recently got pre qualified. I am an agent so I heavily utilize the mls, but inventory has been pretty low in the 2 markets I am looking in.

For my first property to househack I most likely am going to use an fha loan, but with the inventory being so low, do you think I should be looking other places like motivated seller lists and letters, ect.? Is it very true that if you find a good deal then people in your sphere/private money investors will want to fund it? Would I be better off to stay patient and keep looking daily and utilize that fha loan?

Thank you!

Kyle Curtin