All Forum Posts by: Marquise Crampton

Would anyone be able to shed some light on how/where to obtain the most up to date cencus data like traffic counts, walk counts, current businesses and population demographics. Also maybe some pointer on things to looks for. thanks in advance

OK, I am licensed just not a certified realtor yet. so i guess once I finish these last few classes, one being foe the MLS listing service, my questions will be answered. thanks!!

Or, were you referring to a showing service my broker should offer?

OK. I.m currently taking my final set of classes to be considered a realtor and will then have access to the MLS. I have gotten in contact with them recently and got prices for being promoted in specific zip codes. would that service be necessary to view the homes. Sorry if I'm missing something

Hello, I am a new agent and had a question about viewing homes from sights like Zillow. Previous to receiving my license I had gotten in touch with one of the agents on the website and viewed a home. Since then I've received my licence and wanted to continue viewing properties. My question is do only the agents signed with zillow have access to these properties to view or is there a way I can skip the hassle of working with another agent and schedule my own viewing. I know they pay to be promoted on the website, so I'm not sure if this would be considered ethical.  Thanks in advance 

Hello, I am currently looking for a private lender that is familiar with investors using the "BRR" strategy and will loan in PA. I currently target investment homes in the 30k and under range, in my local town that I know very well. I am a licensed real agent soon to be realtor and currently own 3 properties. I'm looking for a lender that will go up to 80% LTV.

also I'm purchasing "cash" so as long as the bank agrees or come close to my appraisal and I purchase at the rule of 65% that would give me an 15% margin for errors with the Heloc for 80%..Is there anything I'm missing?

A lot  of information... (1 answer always leads to 3 more questions, right?)

First to clarify, the properties I am thinking about using this technique on are fairly cheap. In my area you can get houses under 40k that rent 700 and up all day. I recently used this technique for a purchase after everything was said and done I was 12k in and the house worth was 32K, and I Refi out with a HELOC (80%LTV) so paying the cards off really isn't a concern. F.Y.I I've live here my entire life except a few years for college and know the numbers pretty well. The timeline went

bought the house with a personal credit card (5k) then refi and  paid off card about a month and half later and rehabbed house for about another 7k and rented for 800.

1.  I had gotten a cashiers' check for the same amount of settlement which was wrote against the card, is this the same as an cash advance? 

2. If you did happened to max out a card but paid it off in about a month or so, wouldn't your credit score return to normal or is this activity looked down upon?

I plan on using this strategy until I grow a portfolio larger enough to start playing with the big boys..... and girls. again thanks to all who took time out of their day to respond its greatly appreciated and well vested

would anyone like to recomend a few good business and personal cards

I've herd about a technique for getting together funds by opening several credit cards and getting line increases until you have enough to purchase a property, then refinancing out. Sound like a good idea or bad. Has anyone tried this and what would be the fasted way to get the lines increased. thanks in advance