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All Forum Posts by: Nathan Frost

Nathan Frost has started 106 posts and replied 336 times.

Post: Lawton Rental Market

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @John Plumstead:

I've got properties in Lawton. and I'll buy your MF for the right price. Let me know if you'd like to chat. 


 Let me know.  Looking to buy in Lawton.

Post: Finding deals with Privy software

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Scott Lepore:

If you live in Denver, Colorado Springs, Virginia, Maryland, or Washington then check out the website getprivynow.com to find and run your deals.  You can analyze properties and run comps in a fraction of the time it takes trudging through the mls comps.  It is well worth the price and is an amazing software imho.  I don't work for them nor am affiliated with them in any way.  I just think it is a great product and want to spread the word.  Think of this as a Yelp review if you will :)  They have been fine tuning the software for 3 years now and are really starting to roll.  They are expanding into L.A. as well and possibly Texas and are looking to expand into all the major cities eventually (if you are a managing broker in a city not mentioned in this post then call them to help them get set up in your city and in return bring you investor business).  Among one of the great features (due out in a few days) is that you can search for where all the investor activity has been happening lately and what spreads investors are getting.  They work with managing brokers and get their info directly from the mls. It is a super easy site to navigate and gives you a ton of information and saves so much time.  Highly recommended!


 How do you like Privy?  Thinking of getting it.

Post: Privy Real Estate Software

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76

Hi, does this software let you see which potential houses would be good flips or rentals?  Does it have a feature that finds hot deals or a deal that is under value?  Thinking about purchasing it but $150 is expensive.

Post: Finding deals with Privy software

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Scott Lepore:

If you live in Denver, Colorado Springs, Virginia, Maryland, or Washington then check out the website getprivynow.com to find and run your deals.  You can analyze properties and run comps in a fraction of the time it takes trudging through the mls comps.  It is well worth the price and is an amazing software imho.  I don't work for them nor am affiliated with them in any way.  I just think it is a great product and want to spread the word.  Think of this as a Yelp review if you will :)  They have been fine tuning the software for 3 years now and are really starting to roll.  They are expanding into L.A. as well and possibly Texas and are looking to expand into all the major cities eventually (if you are a managing broker in a city not mentioned in this post then call them to help them get set up in your city and in return bring you investor business).  Among one of the great features (due out in a few days) is that you can search for where all the investor activity has been happening lately and what spreads investors are getting.  They work with managing brokers and get their info directly from the mls. It is a super easy site to navigate and gives you a ton of information and saves so much time.  Highly recommended!


 Is this still true and how do you find deals on Privy?  What search parameters?

Post: Propstream vs Privy

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Axel Norvell:

I've used both. From my experience:

- Propstream has more detailed and complete information and better for finding off market deals.

- Privvy is easier for seeing investor activity in the area and seeing the before/after of flips (how much they bought and sold it for)


 How do you find off market deals on Propstream?  How do you find expired listings?

Post: Privy vs PropStream

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Dylan Lin:

Searched through the forum and I am not seeing any solid answers between the two platforms regarding which is better. So I'd like to ask everyone's opinion (especially those have used both).  I understand that some may say "Just reach out to a trusted agent and get comps", I just want to also do my own homework as I am in this for the long game and double verify the datas. I also feel bad to constantly asking an agent to look up requested data and expecting an immediate return. So.....

What I want to accomplish:

1. Getting accurate comps

2. Getting info on current mortgage/financial situation of the property.

3. Getting info on rent comps

4. Analyzing market trends/activities?

5. Identify opportunities to wholesale/subto/seller financing. 

PRIVY vs PropSteam.... What say you? 


 I use Propwire but want to know how Privy is?

Post: Home Flip No Money Down

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Nicholas L.:

@Nathan Frost you asked about flips, but then in your latest post you said rentals.

owner finance.


 How you find owner finance deals?  Propwire or Privy?

Post: Home Flip No Money Down

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Don Konipol:

1. Providing additional collateral to secure additional financing is not 100% financing, but it can be “no money down”.

2. I’m more concerned with the profitability of the transaction than with flipping with no investment.  Doing an investment “because you can” won’t lead to wealth

3. @Nathan Frost, you ask a question, then when you disagree with the answer you provide the answer yourself, with certainty.  If you knew the answer, why did you ask the question?  


 Agree.  Just was curious if there was other methods that people used to add to their portfolio besides the typical 20% down.  Cause the 20% down takes awhile to save that much down.  Would love to add 3-4 more rentals but at 20% down you are looking at 80k+.

Post: Home Flip No Money Down

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Reed Rickenbach:

I'm not sure if this is the case. But if you're flipping a home with no money down because you don't have the money.. what's the plan if the deal goes South?

If you sell for less than you owe, you'll have to come up with the difference at that point. 

 Collateral.  Private lender that finances the 20% down could get collateral if you default.

Post: Home Flip No Money Down

Nathan FrostPosted
  • Rental Property Investor
  • Wichita Falls, TX
  • Posts 338
  • Votes 76
Quote from @Bob Stevens:
Quote from @Nathan Frost:

Hi, its been awhile since I have ran the numbers on a flip and looked into one.  How does one go about flipping a house again with no money down?

Does the investor purchase the home at 70% the appraisal value or 70% the ARV? How does the investor avoid bringing 20% down at closing?you


Does the seller get a private lender for the 20% if needed and then have the bank do draws for the repairs?

You don't, nobody is going to lend you 100% especially with no experience. If you get a deal simple flip the contact to someone doing deals, Learn, earn save and go on your own. 
All the best 

 You can though with private money or using collateral.  Might need to put the repairs on a credit card or have money for that but it can be done.