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All Forum Posts by: Christian Dozier

Christian Dozier has started 9 posts and replied 19 times.

Post: selling home with tenants

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9
Quote from @Jared Hottle:

If you are talking single-family it is much harder to sell with a tenant in it. You will limit your buying pool to only investors and they are more concerned about numbers than the emotional connections an owner-occupier would be. 

Additionally, scheduling showings is a hassle and tenants can get worn out quick with showings. As others have said they do not have an incentive to keep a tidy place and sometimes can be unruly. 

If it is multifamily, especially smaller multifamily. Having tenants is much more understandable. I typically try to tell owners to keep one vacant this allows for easy quick showings and opens the door for the househack.


 Thank you!

Post: selling home with tenants

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9
Quote from @Anibal Mijangos:
Quote from @Christian Dozier:

hello I just got a rental property and its leased out for this next year. is it bad to sell with new tenants? is it harder? what's the process...


 Investors tend to have their own preferred system for vetting tenants. Properties without tenants are always going to be preferred because the investor will get new "good" tenants (based on their vetting process) and typically at a higher rent. 


 Thank you!

Post: selling home with tenants

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9

thank you guys!

Post: selling home with tenants

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9

hello I just got a rental property and its leased out for this next year. is it bad to sell with new tenants? is it harder? what's the process...

Post: central Illinois flip

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9

Investment Info:

Single-family residence fix & flip investment central il

Purchase price: $63,000
Cash invested: $10,000
Sale price: $99,900

first live in fix and flip!

How did you finance this deal?

traditional

Post: looking for private money lender suggestions!!!

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9

thank you!

Post: looking for private money lender suggestions!!!

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9

hello im an investor based out of central Illinois and im looking to get financing from private money lenders looking to make a passive income does anyone have any suggestions oh who or where to start?? financing would be for single family or small multifamily flips!

Post: cashout refi options?

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9

I will look into these options thank you!

Post: cashout refi options?

Christian DozierPosted
  • Real Estate Broker
  • champaign IL
  • Posts 21
  • Votes 9

I'm looking to cash out refi non-owner occupied SFH BRRR in ILLINOIS. I believe the appraised value will be approx $75k-$90k. Does anyone have a lender recommendation who will do DSCR or non-QM cash out refi's for loan amounts in the $50k-$75k range? thank you!