All Forum Posts by: David Baier

Building a buyers list takes time, start connecting with investors, realtors, and especially other wholesalers who can help you sell your deals when you get them. 

Curious if anyone here is actively using novation agreements in their real estate investing business? I'm familiar with what the agreement is and in which situations to use it but have a few questions about its use.

Does anyone here know if you can get a property under contract initially with cash and switch to financing to use the novation agreement?

Also for anyone using this agreement actively in their business how are you finding the buyer who will buy it with a loan.

Thanks in advance!

Hey @Max S., house-hacking is definitely the way to go. Good multi-family deals are hard to come by and go quick but they can be found both on and off market.

I'm curious if anyone out there has any tips, hacks, or relationships with contractors who get materials cheap. Any experienced house flippers here that have found ways to get bulk discounts other than buying materials in large quantities at home depot and lowes etc?

Hey @Bailey Kramer just sent you a request. I'm in the Orlando market as well, what kind of multi-family deals are you looking for primarily? 

You can absolutely find properties for that price in good/ decent areas. Just have too look in the right places, would be a lot harder to find on market. If you decide on Central FL would be happy to elaborate. All the areas you mentioned are hot areas, would depend on the network and infrastructure you have in those areas to maximize success. 

I'd factor in longer than normal vacancy periods and go extra conservative on the monthly rental projections to attract tenants. Other things to look out for would be the job market in that area/ biggest employers and demographics/ tenant class.

Hey Ramon, I've been investing and wholesaling in Central FL for the last 2 years or so. Been through the all the beginning stages and have learned a ton through the experience. Lets connect offline, any value I can give I'd be more than happy to. 

Quality Data, list included, all for very low price. 

https://www.skiptracingservices.net/

Get exclusive access to Central FL off market properties. New deals sent directly to your email that sell quickly off market. We even have a private lending department if you need help raising the capital quickly. Register at the below link. 

https://lp.constantcontactpages.com/su/Xhb7iNH