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Updated over 1 year ago on . Most recent reply

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Jack Hamm
  • Investor
  • DE
26
Votes |
23
Posts

Finding off market deals.

Jack Hamm
  • Investor
  • DE
Posted

Hi BP, I am looking to start house hacking and I was wondering what the best way to find multi-family properties would be on or off market. I also would love to know where I can find a list of people who had recently inherited properties or were recently divorced. Thank you for any help.

Most Popular Reply

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196
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124
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Tyler Fontaine
  • Property Manager
124
Votes |
196
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Tyler Fontaine
  • Property Manager
Replied

Hello hello, you are in the right place for sure. 

House hacking is a great way to get started. I did it myself and would definitely recommend it. You should start by getting a good realtor who specializes in the multifamily space. Ideally the agent has bought property before, maybe house hacked before, and understands the investment philosophy well. 

You should also start by talking to a lender. Find out what your budget is or what you need to do to get a pre-approval. If you don't have a pre-approval - most agents won't take you seriously as you are basically window shopping without a wallet. 

In terms of finding off-markets I would spend some time on youtube looking at how you can get that done. It is a skill that takes time ti grow and learn. A few good tools that people use for this are Propstream, Deal Machine, building relationships with attorneys/wholesalers/other investors.

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