All Forum Posts by: Peter Dukaj

2 months ago at the height of interest rates, we did an 80% LTV cashout refi at 6.9% with a total cost of $2800+appraisal. Because it's in the name of an LLC, it is a 7 year balloon. If we did it in our personal name there was no balloon and a little lower rate.

what was the name of this credit union.

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Atlanta, Georgia

What area are looking to buy in? I have a couple properties in Michigan.

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Toledo, Ohio

Sorry, I cannot answer your question but would love to know your thoughts on BP Pro

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Do you/have you used Invelo outside of BP, if so is it worth it?

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Flat out, is it worth it?

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If you really need the cash, sell the project and 1031 your gains

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Salem, Oregon

3-bedroom, 1.5-bathroom North Warren home has been meticulously remodeled from top to bottom, with all work done by permits and inspected and approved by the city. Furnace was replaced in 2017, and water heater 2023. New cement driveway and covered patio. Wallside windows with a 35-year transferable warranty ensure your home is energy-efficient and protected for years to come.

Will rent out at 2k, the basement is partially finished which you could convert into additional rooms to increase rent.

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Warren, Michigan

Quote from @Vanika Walcott:

I'm in the process of looking for my first deal. I see rules that we must follow to find good ones, yet I don't know which resources to use or how to know what to look for. Please keep in mind that I plan to do out of state deals as well as local.

1. How do you understand a neighborhood's classification?

2. Where & what do I search for in order to find this out?

3. Which sites can I use to find property info (possible liens, title issues, etc.)?

4. Where do I go if I do it in person opposed to online?

5. What exactly do I look for when I do find the information?

6. What keywords should I use when searching for deals (not interested in turnkey. I'd like something that either only requires cosmetic work or a fixer upper).

I have more questions that I can't think of now, although I have a billion of them when I'm driving in the car. Thanks for all the help in advance guys!

What geographical region are looking to do a deal?

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I know a lot of real estate agents buy leads on expired properties, maybe find someone desperate to sell and avoid commissions

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To target off-market property owners:

Direct Mail: Use personalized letters and public records.
Online Platforms: Explore websites like Zillow and Redfin.
Networking: Attend local events and join real estate groups.
Real Estate Agents: Build relationships with local agents.
Driving for Dollars: Identify distressed properties while driving.
Skip Tracing: Use services to find owner contact info.
Social Media: Search for property owners online.
Public Notices: Check local newspapers and notices.
Door Knocking: Approach respectfully with your interest.
Wholesalers: Connect with those specializing in off-market deals.

Remember to be professional and respect privacy laws. Combining these methods may help build a pipeline of off-market opportunities. Good luck!

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Fort Lauderdale, Florida

All Forum Posts by: Peter Dukaj

Peter Dukaj has started 16 posts and replied 52 times.

Post: Investment mortgage rates

Post: Buying first home

Post: RentRedi > PayRent.Com

Post: Invelo Account with BP

Post: Investment Pro subscription

Post: Start of Project 3.5% interest... End of Project 8%?!?!?!

Post: Rent Ready Warren MI 3 bed 2 bath Ranch 270k

Post: Looking For Deals

Post: The most scalable, efficient way to hunt for off-market deals

Post: targeting off market