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All Forum Posts by: Eric Hempler

Eric Hempler has started 12 posts and replied 34 times.

Private Lending & Conventional Mortgage Advice

Post: Pooling Private Funds for investing - what rates to offer?

Eric HemplerPosted
  • Accountant
  • Apple Valley, MN
  • Posts 38
  • Votes 10

I decided to pool funds from individuals to start investing in real estate. 

What interest rates might I want to offer to my investors? Any guidelines I might want to use/ 

0 Votes
Minneapolis, Minnesota
Starting Out

Post: How Realistic is the 70% Rule?

Eric HemplerPosted
  • Accountant
  • Apple Valley, MN
  • Posts 38
  • Votes 10

I've decided to revisit flipping homes and I'm curious how realistic do you think the 70% Rule is?

My wife questions whether it's easy to find properties at that type of discount. 

I do agree it sounds like a lot, but I think I would get a sense of what you generally find. Are all markets the same with that rule?

0 Votes
Foreclosures

Post: Where can I purchase a list of delinquent homeowners?

Eric HemplerPosted
  • Accountant
  • Apple Valley, MN
  • Posts 38
  • Votes 10

How do I delete this thread?

1 Vote
Foreclosures

Post: Where can I purchase a list of delinquent homeowners?

Eric HemplerPosted
  • Accountant
  • Apple Valley, MN
  • Posts 38
  • Votes 10

I had done a search a while back on google and found a source to get a list of delinquent homeowners for possible short sale leads, but haven't been able to relocate the info. Does anyone on here have a source they use to find homeowners behind on the their mortgage?

0 Votes