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All Forum Posts by: Taylor Dasch

Taylor Dasch has started 17 posts and replied 855 times.

Post: How did you find your PML partner?

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644
Quote from @Brandon Croucier:

Whats been your constraint? Investors with a good level of experience in flipping can get up to 90% LTV on a purchase + 100% of rehab. Are you not able to come up with the down payment + closing costs on these deals & are looking for someone to come in and fund that portion of the deal?

 I honestly just havent been liquid enough to do a 30k+ down payment. But that is a good idea to just partner for a DP / cc. Thanks for the comment!

Post: How did you find your PML partner?

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644
Quote from @Andrew Bosco:

I always go to local attorneys and title companies to ask who their preferred and easy lenders are. They love to refer business! 


 Man that is a great idea! I will give that a go. I appreciate it.

Post: How did you find your PML partner?

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

Hey guys, I have noticed that I pass up about 2-3 decent deals/ year due to not really having funding, I also have a mindset where even the smallest wins count so If I can make 15k off a flip - assuming that the numbers are very safe - I am happy to do that and continue it at scale. But I have had trouble finding partners to go in with me on deals like this ( 30k profit) Typically they want to see a percentage which is understandable, but I am wondering how all of you flippers / investors found your PML partner or if yall just use HML ??

Post: Is it a Buyer's Market in your niche/town?

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

Definitely seems like a buyers market where I am at. We have been getting some pretty low offers accepted when compared to comps and the comps seem to be sitting longer and longer. Especially in the investor range ( below 225k in my market) Which makes me wonder if investors are waiting to see what happens or if they are just waiting for interest rates to improve. 

Post: Subject to agreement

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

Lol yes, If they have 60 days and are trying to pay it with 5 days left I am assuming you have to allow them to pay. I would ask an attorney though. 

Post: Anooying and persistent agent

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

Just tell the agent that its already rented and his clients cant put a lease on it now so theres no use in following up.. I will follow up until I get a no. 

Post: Marketplace for Maximizing Profit

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

I list all of my listings on marketplace and in my market at least it is horrible. I get so many wholesalers and people trying to get owner financing at well below market interest. It is okay for owner financing though to me. But if you get it on the MLS thats all that you really need - MLS exposure and professional photos should get the job done.

Post: SFH or Small Multi

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

I think you can learn just by doing it and having a basic understand, I would definitely recommend using a realtor - even if its off market, you dont want to be wrong about the ARV oget a bad deal on the buy side.

Post: New real estate investor - Indianapolis IN

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

Great buy box for starting out! And I like the strategy to do some flips to build capital and then focus on holding afterwards. 

Post: Deal Close and Funded

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 883
  • Votes 644

Nice job, I hear san antonio is a popping market for investors right now!