All Forum Posts by: Travis Smith-Armwood

So I'm stepping in to the BRRR process and I have been finding potential buy bit those homes have nobody in them. I do as a PI as well so I have the ability to pull names and numbers of owners as needed. is it appropriate to reach out to a person who initially shows no interest in selling the house (meaning no for sale signs etc).

This would mean I'm potentially calling them on a their house phone or personal cell phone that has been acquired through methods and sources that aren't associated with realestate.

Is this appropriate and if so how would that conversation start or go?

@Derek Dombeck would Jon be absent acquire a conventional mortgage in his name running this sane circumstance

@Derek Dombeck this would be accomplishing the same goal with a conventional mortgage instead of a HELOC correct?

If I get a home through seller financing can I get the deed free and clear in order to get q HELOC to access the equity to finish the buy?

I.E.

Jon buys a house from Kate using seller financing Kate wants $50,000. Kate's house is 100% paid off free and clear of liens. Jon agrees to give her $10,000 and does seller financing for the remainder $40,000. Can Jon afterwards (while still paying the 40,000) get the deed in his name free and clear of liens and go to a bank and get a Heloc and pay Kate with the HELOC to complete the deal with Kate?

Can anyone recommend HML's in or near Baltimore Md? Preferably ones recommended for new BRRR investors.

In addition how would the process go for the negotiating what is recommended for me to bring with me. Finally in todays market what would be considered fair numbers for interest etc.