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All Forum Posts by: Matt B.

Matt B. has started 16 posts and replied 82 times.

Post: Investor Friendly RE Agents- Suffolk County, NY

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31

I am looking for an investor friendly RE agent in Suffolk County, NY.  However, when going the @Brandon Turner route (i.e. analyzing 100 deals to put in 10 offers to get 1)  If I am starting out looking for foreclosure properties I've analyzed to put in below-ask offers, how do you position this to an agent.  Of course I am not expecting much from the agent aside form presenting the offers and ideally don't want to waste their time,  but inherently they will need to devote time, write the offers, present them, etc. which, of course, could otherwise be spent elsewhere. 

Are agents willing to work with a newbie with a plan so they can see that there is potential down the road for more business?  Are most reluctant to do this?

Post: How does a foreclosure deal work?

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31

@Christopher Phillips Sorry to bring up an old thread but came across it...

Are the REO's only sold all cash? Once it gets to this point is it sold with clean title without any old leins/taxes? Also, is 74% ARV a requirement for refi on a foreclosure?

Thanks

Post: New to bigger pockets from Baltimore

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31
Good luck with the goal, it sounds like you’re on the fast track. How have you bought and paid off the 7 you already own? Are you in one particular area in Baltimore or all over?

Post: Vacation Rentals in Rhode Island

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31
Colleen F. Is Bonnet good for student rentals at all? I am currently looking to get a vacation house/investment property in Narragansett (specifically In B.S.) and you seem to know everything South County. I would love to connect and hear your thoughts or if you had any recommendations for realtors/lenders in the area.

Post: NY Out of State REI Meeting

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31

Tomorrow (1/25)? Won’t be able to make it but please let me know the next date, this topic is exactly what I have been looking for...

Post: NY Out of State REI Meeting

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31
Sounds perfect, when and where are you having this?

Post: HELOC recommendations Suffolk County, NY

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31
Great, thanks for the feedback! I’ll try them out...

Post: HELOC recommendations Suffolk County, NY

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31
Can anyone recommend a good bank they have worked with in Suffolk County, NY to get a HELOC or loan? Looking to work with someone responsive who gets back to you quickly... Thanks!!

Post: Vacation rental financing

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31
Robin Adams I will definitely connect with you, having some problems on my app right now so feel free to send an invite and I’ll accept, would love to talk to you about the area. Thanks!

Post: Vacation rental financing

Matt B.Posted
  • Blue Point, NY
  • Posts 88
  • Votes 31
Thanks everyone, I appreciate the comments! Julie McCoy , you mentioned limiting risk, are you typically saving a down payment and financing these or paying cash for VR? Just interested in how everyone is setting them up. Do you have them in an LLC? Thanks again, your feedback is great!