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All Forum Posts by: Hunter Ambos

Hunter Ambos has started 7 posts and replied 52 times.

Post: 203K rehab loan + mortgage worth it?

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

From my understanding, the 203k is loaned based on what the post-rehab value is. This allows part of the rehab to be wrapped into the loan. 

Post: Millenial Multifamily Investors Out There?? Let's Connect!

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

I'm interested in the group as well!

Post: Is Cold calling an effective method to locate multi family deals?

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

@Sina Simingalam I’m not sure. I think they just used the phone numbers directly from the list from list source. There are a lot that are invalid/missing. I think there’s skip tracing services that can get more numbers

Post: Is Cold calling an effective method to locate multi family deals?

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

I am currently doing this to find deals. My partners paid for the list from list source and I agreed to do the calls. We haven't put anything in contract yet but it's early in the process and i have started to build rapport with some owners. It's about persistence and consistency. 

Post: Multi-family/Apartment complex as my first investment property?

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

Thank you for posing the question as I am in a very similar spot. I've decided to house hack a 2-4 unit since i need a place to live anyway. Might as well get some experience. That being said, I'm partnering with local investors and going straight into 5+ unit properties (other than the house hack). This may or may not be the best way to do it, but it's what I've decided is best for me and my situation.

Post: Looking to start Syndication

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

I also highly recommend Joe Fairless and Michael Blank. Fairless' book goes into great detail about the process.

Post: would like to learn about syndication

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

Where are you from? For education, I like Michael Blank and Jake and Gino. Michael Blank is mainly on the syndication side. Also the old capital podcast is full of great information but it can be a little dry at times. The education is definitely there though

Post: No buying multi-family until we hit the bottom?

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

@Vlad Denisov

(Disclaimer:I don’t have any deals yet)

However, I’m actively looking for deals but buying for cash flow in case a downturn happens in the near future

Post: Find Great Deals - Direct Marketing

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

@May Emery

That’s very true. Thank you for the insight!

Unfortunately, we’re only targeting 20-100 unit apartments so it’s harder to find owners that aren’t on everyone else’s lists with there being less of them.

Post: Find Great Deals - Direct Marketing

Hunter AmbosPosted
  • Real Estate Agent
  • Pickerington, OH
  • Posts 55
  • Votes 26

@Bruny C.

I’d be happy to email you a script I use.

As far as compensation, I haven’t used one myself but I think you can pay per call but I don’t know about paying per deal under contract.