All Forum Posts by: Nathan Murith

Welcome to BiggerPockets and congratulations on doing the work, @Jordan Naeem

Always looking to connect and exchange with like-minded people! Happy to share all the stories, mistakes, successes, resources, tools, tips, tricks, whatever you might find helpful.

Please don’t hesitate to reach out!

@Nicoló Tossici 

Welcome! I agree with both comments above. BRRRR is much harder than it once was and risk that, personally, I am not looking to take one right now.

HELOC is an approach I would consider. Despite higher rates, you could also look at taking out a much smaller mortgage on the property. You could so something like 50% or 40% loan to value if the property still cash-flows and that amount can be financed.

we also do some private lending and partnering from time to time, if you want to connect and discuss more. Please do not hesitate to reach out, connect and DM me.

Hey @Elias Twitchell, welcome to BiggerPockets!

While I am not currently located in STL, that is where we invest. And our family is from New England :-) sounds like an interesting trip.

I was just reaching out to say hey so we can stay connected. If there is ever anything we can do to help, please let me know!

Cheers

@Saurabh Patel congratulations on doing the work!

Happy to help look at the deal but as Jonathan says above, the link you shared isn’t working, it is not sending to the report.

Please do not hesitate to reach out, we can also hop on a call if you want. Happy to share any and all resources, tools, analyzers, tips, tricks, if you are interested.

@David Moon welcome to BiggerPockets and congratulations on doing the work.

We have done what you describe several times. I love the competitiveness of the cash offer and ability to do delayed financing right after. In our case, and very typical, the lender will order their appraisal for the loan.

Happy to discuss more or share any other tips, tricks, tools and resources we have and love to use. If you are interested, please do not hesitate to reach out, connect, and DM me. 

@Josh Middendorf welcome to BiggerPockets and congratulations on doing the work reaching out.

I am not currently located in STL, but we do invest there. That’s our primary market and I am happy to connect and share anything and everything I know, tools, tips, tricks, etc.

On the BiggerPockets site, at the top, there is a Network tab that has a meetup section. You can search there for meetups. I also like to use meetup.com to find meetups, there tend to be more there than on BP.

Please do not hesitate to reach out, connect and DM me if you want to chat more.

Welcome to BiggerPockets and congratulations on doing the work, @Matthew Downing!

I guess it really all depends on what you are trying to achieve or do with the data. There are so many tools and datasets out there.

I find datausa.IO to be clean and easy to use for market data. That said, they recently do not seem like they have updated their data. 

Do individual deals, if you are talking about deal analysis, I really like how quick and easy DealCheck.IO is. They have a free version and the cheap paid version has a ton of great features that I use and need. (I have a discount code if interested).

We also have our own spreadsheets that we have built that do market analysis and deal inventory tracking as well average viability of a deal. Happy to share any and all of that if you are interested.

I hope this is what you were asking. In any case please do not hesitate to reach out, connect, and DM me if you want to chat more.

Hey @Account Closed, congratulations on the house hack!

We invest out of state in MO and would be happy to share any and all tips, tricks, tools, and resources if you are interested.

Creative financing has tons of potential for creating great deals. That said, it typically does require quite the time and work to find the situations and homeowners that are appropriate for creative financing. It could require tons of marketing, calling, etc. Do you know of Pace Morby? Look him up online and YouTube if you do not. He’s been a BP guest a few times. He produces tons of amazing content on creative financing.

Happy to chat more if you are interested, do not hesitate to reach out and connect.

@Mark Csongradi congratulations on the first deal, joining BP, and doing the work.

Have you looked at non-qualified mortgage lenders? Another option is to create an entity (LLC) which I think you can do without being a citizen, then get a loan in the LLC and purchase the property that way.

And of course, another option is to keep partnering where your partner(s) bring the money or loan sponsorship.

Happy to discuss these options more if your ant to chat, do not hesitate to reach out, connect, and DM me