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All Forum Posts by: Matt Berklacy

Matt Berklacy has started 270 posts and replied 444 times.

Post: Seek Wholesale opp. in NC and Fl

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

We are a friendly family of Investors, from Raleigh NC.

Looking for off market single family flips.

Key cities that we have experience and interest in are

Raleigh NC, and  Jacksonville FL - 

We are open to all surrounding suburbs.

Feel free to contact us directly, private message.

We are cash buyer, flexible to close fast, also we are open to hearing of multi-family buy and holds.

Post: Three Bedroom house for Sale

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

hi can you reach out let me know what your holding in Raleigh and surrounding..

Post: Auction.com???

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

hi auction newbie, 

- is it possible to participate in bidding administratively, while out of country, (if ofcourse i have the right boots on the ground locally)?

- do they just do a temporary hold on credit card to bid, and if I win I wire the 5% within 48 hours, 

- and for title, must you do a title search before every bidding?

thx

Post: agency agreement trap removal, Raleigh NC Agent Team member

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

I'm an Out of state, Out of country buyer....

I buy while I am physically out of (not in) the area.  I do not insist that an agent go see any and every property and send video and pictures, etc....I make offers contingent upon inspection, and ask agent to view after the fact, after acceptance, during due diligence with pictures, video, , and protect me and verify numbers.......I even develop relationship and trust that I will relist (flip) with that agent,  and even offer bonus if agent can help verify repairs or does anything above and beyond norm in regards to contractor or rehab.

Come time to docusign purchase offer,, an agent in past has been obsessed with sneaking in an agency agreement locking me into and marrying that 1 individual into a large mileage radius in every direction and a many months time frame, for any action taken on my part to his her benefit...this is not fun...it is never fun at all..and very very stressful and distracting...and I hate this...and lose respect, ,and finally it is unnecessary and irrelevant to purchase offer at hand.

I tell the agent to make it property specific and it is met with resistance, and delay.

I ask agent can we pre-docusign an agency agreement with verbage specific to purchase contract address and still write in the address after the fact that we take action on, so cut out any paper work or excess time to make offers...i want agent to be able to make an offer in a few minutes...and i want to pre fill out any duplicate paperwork.

I am looking for an agent who has the courage to allow me make offers through him / her, agency agreement specific to that property, I ask only that it is contingent upon inspection..that agent review it and assist to inspect it...

please contact or refer or suggest an agent for Raleigh NC... (and jacksonville Fl. also)

A plus is if this agent is an investor him, her-self and has experience flipping, doing auctions...understands numbers. and even has property manager to support rehab for compensation.

oh, wait... in regards to auctions; auction property sellers dont pay agent commission right?  so why do you (the agent) want to support investors in any auctions, foreclosures, fsbo, etc, that offers no incentive?  

lets figure it out, for compensation, on the purchase end and inspection rehab support part....

i'm totally open to working out that part....and also agree to relist  with you any auction foreclosure as well.... and have a longterm duplicatable system and relationship..

Post: P/t virtual assistant, experienced with real estate investors nee

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

hi

We are looking for an assistant to support us in consolidating and analyzing data for investing in real estate properties.

please reach out or private message me..

Post: any good luck on LOC for investment property equity NC SC, FOA

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

Anyone had luck finding a LOC line of credit on investment properties paid off having equity (not HELOC for primary home equity, but LOC, in NC and SC?

secondly, anyone had good experience with finance of America - FOA? seems almost like hard money though advertising as LOC

thx,  

(I have high credit, cash on hand, equity, no debt, looking for conservative line of credit to do rehab flips..)

Post: buying an Auction property, no inspection contingency view

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

Are all auction foreclosures in America, site unseen, no contingency, no inspection, no return?

What kind of strategy can a buyer with cash and not much experience in flipping do to participate in an auction purchase with condidence in numbers?

1. the buyer peak in window, or buyer asks an agent to peak in window?

2. then hope and pray your estimate is close?

Post: contract document between 2 people, residential partnership flip

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

I and a "partner" are going to do a rehab flip in NC... (this partner friend will project manage a rehab)

Do you have any document with some appropriate verbage you could share between two people, who are partnering in a flip?

Separately, the other document is for a waiver of lien document for a GC and buyer, could you share that document too?

Post: LOC line of credit, Raleigh NC , please refer lender

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

I'm Seeking a LOC, line of credit Raleigh NC

Based in a few properties I have paid off, rentng out there...

To purchase an investment property. 

Lenders,  please reach out.  

Post: system in getting a repair estimate to make an offer

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

awesome info and experience......thanks man