All Forum Posts by: Eric Dami

I recommend Acro Settlements in the Fishtown area. 

@Dan Schweit try Phoenix Arizona

Does anyone sell data of Tax delinquent, code violations, or eviction violations?

@Shane Ward I would go to Lima One Capital for a refi. They provide you a long term mortgage based on the asset value.

@David Taylor Never hurts to submit an offer that works for you. If you’re working with a Realtor, inform them that the offer is not supposed to be disrespectful, it’s what works for you.

@David Taylor basic criteria for most investors is: $100+ per door, 10% CoC and 10% Cap rate. I know some investors only buying with 20% cap rate!

@Justin Scott I do heavy marketing through acquiring data and having assistants perform cold calls for me. I then set up appointments myself just due to the nature of my changing schedule. Feel free to PM me for specific information. I have gone through numerous marketing paths and can provide guidance.

Hi @Shaquille Thomas! Welcome to BP, I am in the Philly area as well! Feel free to PM with any questions and best of luck with your first property search! 

@Adam Lopate check out flipfunding in philly.

Hey Lewis - 

1. Ask them for specific neighborhoods that are up and coming and provide data to back that up. 
2. Provide them with sample analysis and compare your ARV and rent comps to theirs. This can determine your delta.
3. Most agents are not familiar with real estate investing, so ensure you make the agent clear you're an investor.
4. A lot of investors will give you some contractor contacts, but the key people are so valuable they will not provide that information (FYI). 
5. Before you view any properties, you'll want to secure financing through conventional loan options, FHA, or HML. A pre-approval letter is all you would need. You cannot make offers (usually) without proof of funds.
6. Providing your agent with your defined criteria for investment properties, this will help you generate leads. 
7. Ask the agent if they involved in acquiring properties off-market, this can be used to see if they are involved in wholesaling or know of wholesalers.