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All Forum Posts by: Nathaniel Wayman

Nathaniel Wayman has started 3 posts and replied 4 times.

Post: Outsource Direct Mail

Nathaniel WaymanPosted
  • Salt Lake City, UT
  • Posts 4
  • Votes 0

Looking to automate my direct mail efforts. Who do you recommend? 

Post: PROBATE CASE QUESTION

Nathaniel WaymanPosted
  • Salt Lake City, UT
  • Posts 4
  • Votes 0

I am new to investing but not new to real estate. I have been in the real estate industry for over 15 years mostly commercial. Just starting to dabble in my own investments. 

I have begun doing some marketing for motivated sellers and I am wanting to market to probate cases. 

My question is this: How do you know if there is real estate attached to a probate case? Is there a specific document that I should be looking at that gives a list of the assets in probate?

Thank you in advance for your help!

Nate Wayman

Post: Typical Hard Money Loan Terms

Nathaniel WaymanPosted
  • Salt Lake City, UT
  • Posts 4
  • Votes 0

I have what seems to be a good deal that I hope to put under contract today. With that I am hoping to get a hard money loan to assist me in executing the acquisition and rehab. My question is what are typical terms for hard money lenders. I want to make sure I am not being  taken advantage of because of my lack of experience. 

- Do they require a down payment?

- What is a fair amount of points?

- What is a typical HM rate?

- Are the payments Interest Only?

Thank you in advance!

Post: Where to sell commercial properties?

Nathaniel WaymanPosted
  • Salt Lake City, UT
  • Posts 4
  • Votes 0

@Shawn Jacobsen I would recommend connecting with Neal Walter with NAI Excel. I have worked with Neil and his team on several transactions in the past and they know the St. George market. Yes SLC is a hot market but it is a very different world than St. George as you know. They are local and knowledgeable.

Neil Walter Profile