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All Forum Posts by: Eddie Pietschmann

Eddie Pietschmann has started 13 posts and replied 24 times.

Post: DSCR loan recommendations

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

Hi everyone!

I am looking for recommendations on who to use for a few DSCR loans. I have two projects going on that I would like to refinance into DSCR loans, but not sure who to use yet. Any recommendations would be greatly appreciated!

Post: DSCR loan recommendations

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

Hi everyone!

I am looking for recommendations on who to use for a few DSCR loans. I have two projects going on that I would like to refinance into DSCR loans, but not sure who to use yet. Any recommendations would be greatly appreciated!

Post: To use or not use property management software?

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15
Quote from @Drew Sygit:

@Edward J Pietschmann you don't want to use Buidlium or Appfolio unless you plan to ramp up to 50+ units fairly quickly.

Follow @Nathan Gesner advice and find a free option that you like.


 Thank you, this was very helpful. I have head from some mentors that Buildium is awesome, but I don't think I'll be at that point for a few more years. 

Post: Chattanooga Contractors Recommendations?

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

Hi! I am about to start on a rehab for a rental I have down in Chattanooga. Looking for a general contractor to gut and replace a kitchen and a bathroom. Also in need of drywall work and some minor flooring. Please reach out if you know anyone. Thank you. 

Post: How to Purchase a Pre-Foreclosure Subject To ?

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

Hi Everyone,

I am in need of a little guidance. I am looking to purchase a home subject to with an outstanding mortgage of 189K. They currently owe 221K so I am assuming they need to be caught up 32K to avoid foreclosure. If I were to go to title and have the deed transferred to me, I am assuming I would have to catch them up on payments from the jump. The house needs work so I'm thinking about buying it subject to (because I can't get a loan currently) fixing it up and refinancing out to keep it as a rental, or just flip it. Anyone have any thoughts/suggestions on how I should approach this? Anything would be greatly appreciated. 

Post: Locating Distressed Proeprties

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

Hi guys,

How are you finding distressed properties in the Nashville market? 

Post: Fix and Flips in Nashville, TN

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

Hello all, 

Where are people fix and flipping in the Nashville area? 

Post: How to start marketing for seller financed properties

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

@Tom S. Thanks for the pointers and letting me know to be careful of people trying to offload bad properties. Seems like that could easily happen if I am not careful. Thanks for the appraisal tip as well. Is that something I want to put in the purchasing contract as a condition or when is the best time to get that appraisal done? 

Post: How to start marketing for seller financed properties

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

@Cornelius Garland Thanks for the reply. I've been looking around and like what Propstream has to offer so I think I might roll with that. I appreciate the information on where my expectations should be as well. 

Post: How to start marketing for seller financed properties

Eddie PietschmannPosted
  • Real Estate Agent
  • Nashville, TN
  • Posts 29
  • Votes 15

@Patrick Drury Thank you for the information. I'll check it out.