All Forum Posts by: Dan Carver

Is there a property assessor database at the county this property is located in?  Also, if you are a realtor or know one, they can usually pull up property owner info in Realist Tax.

If you are looking for a lender at a bank or credit union, you should be able to ask other real estate investors in your area who the smaller banks are and the lending contact at that bank that make loans to investors.  It will save you a lot of time since you won't have to do all the legwork yourself.  Once you find out that info., call and make a face to face appointment with the bank contact and ask them all the questions you have about loans.  It also helps if you can use the name of the person that referred you when you have the meeting; it typically gives you instant credibility.  The best lenders are those that you have relationships with if you can prove to them that you know what you are doing in real estate, many banks will be begging you to borrow money from them.

Flip the house and keep going doing flips until you have enough money to pay cash for future rentals. That’s how you are going to grow without debt. I buy two houses, rent one, flip one. With the flipped one, I can afford two more rentals. If you keep doing this, that’s how you acquire more rentals without debt.