OfferMarket

Real estate investor platform: DSCR loans, Fix and Flip Loans, Landlord Insurance, Fix and Flip Insurance, Off Market Properties

[Daniel Sperling-Horowitz @dwshorowitz]

We just shipped something really cool for 1-4 unit real estate investors: Free AI-Powered Scope of Work Generator

✨ estimates rehab costs using computer vision and local market data
✨ generates after-repair images
✨ uses satellite imagery to analyze roof condition, exact dimensions
✨ generates a professional PDF report

[Daniel Sperling-Horowitz @dwshorowitz]

Can AI replace traditional appraisals?

[Daniel Sperling-Horowitz @dwshorowitz]

Us vs. Them

[OfferMarket @OfferMarketUS]

@dwshorowitz Funding department just sent the wire for another one in Oklahoma City this afternoon... 💰

[OfferMarket @OfferMarketUS]

Happy Cyber Monday!

🏚️ 457 off market properties (posted by distressed sellers, tired landlords, wholesalers)
💰 hard money loans starting at 8.75%
💰 ground up construction loans starting at 9.99%
💰 DSCR loans starting at 5.95%

Join over 21,000 real estate investor members that choose OfferMarket to grow and optimize their rental property, fix and flip, wholesale businesses. Membership is entirely FREE!

[OfferMarket @OfferMarketUS]

Join over 18,000 real estate investors who receive our weekly newsletter: https://t.co/uGsfNXZlZH

🏚️ off market properties
📉 interest rate insights
🤔 50 year mortgages
🤔 Fannie Mae's removal of 620 minimum FICO
🤔 Are stablecoins saving the dollar, pushing down rates?

There's more to learn at OfferMarket!

[OfferMarket @OfferMarketUS]

What's your DSCR?

[Daniel Sperling-Horowitz @dwshorowitz]

Great reporting from @baltimorebanner's @MsHallieMiller, Giacomo Bologna and @SahanaJayaraman. This is the best overview of the massive DSCR loan fraud playing out in Baltimore (and likely other major rental markets). https://t.co/8I1gMk24KY

[OfferMarket @OfferMarketUS]

🤯 Mind absolutely obliterated! One of our DSCR loan investors is coming in HOT with some seriously aggressive moves on our platform! 🚀💥

⚡ Get your instant quote at OfferMarket!⚡

🧑‍💻 Be sure to smash the 'SUBMIT' button so our loan review team can apply promotional pricing.👊

[Daniel Sperling-Horowitz @dwshorowitz]

If you're a real estate wholesaler, hit me up. We have thousands of POF-verified end buyers (rental investors, flippers) that are subscribed to deal flow alerts on our marketplace.

Better yet, post your deals and earn up to $1,000 per deal when @OfferMarketUS funds the purchase and/or eventual refi of the subject property: https://t.co/DYCEzfKKKO

Entirely free dispo platform for wholesalers 💪

[Daniel Sperling-Horowitz @dwshorowitz]

One of our team members put this together, it's probably the most comprehensive document about DSCR loans ever written: https://t.co/ZXOqEb1Omx

[Daniel Sperling-Horowitz @dwshorowitz]

Unlocking off market inventory is certainly not rocket science...

Step 1: Define your market and property focus

Step 2: Choose your channels

🚗 Drive for dollars
🧑‍💻 SEO
💸 Paid ads
📱Cold call
📮 Mailers

Step 3: Be consistent

📱 Answer the phone
🧑‍💻 Follow up
🧑‍💻 Test, learn, refine

...but it's definitely a grind. There's an army of wholesalers, flippers, rental investors and Wall Street investors competing for this precious resource.

@OfferMarketUS is actively unlocking inventory for you, for free.

[Daniel Sperling-Horowitz @dwshorowitz]

"Wet yesterday, dry today. Sounds like a leaky basement. What did they fix? We can’t approve it and just hope it doesn’t rain.

Need to know what the problem was and certification that it was fixed."

- DSCR Loan Committee Member

[OfferMarket @OfferMarketUS]

Lowest Fix and Flip loan quote today: 9.375% and 1.5 points

[OfferMarket @OfferMarketUS]

Lowest DSCR loan quote today: 6.75%

[OfferMarket @OfferMarketUS]

Are you a wholesaler, tired landlord or distressed seller?

💡Post your off market properties in under a minute
💡 Connect with POF-verified end investor buyers
💡 Buyer/seller messaging directly on listing
💡 Offers submitted directly on listing
💡 Entirely free service

[Daniel Sperling-Horowitz @dwshorowitz]

Got off market inventory in Huntsville, AL? If you're a wholesaler, tired landlord or distressed seller, post it on @OfferMarketUS.

✅ Commission-free
✅ Strictly POF-verified end investor buyers
✅ Buyer/seller messaging directly on the listing
✅ Offers submitted directly on the listing

[Daniel Sperling-Horowitz @dwshorowitz]

@dig_deeper1 Just ran this deal through @OfferMarketUS's DSCR calculator at $1,500/unit: 1.56

LTV: 80%
Interest rate: 7.125% (verified instant quote)

I've funded much worse.

[OfferMarket @OfferMarketUS]

RT @dwshorowitz: According to @grok (which references data from Matterport, Redfin and Keller Williams), listings with 3D virtual tours sel…

[KyleMatthewsCEO @kylematthewsceo]

To answer a common question regarding where the costs are coming down, it appears much of it has to do simply with supply and demand on the contractor side.

So simply put, it is showing up in the bid and how much profit a GC is underwriting into the job.

Due to the material slowdown in new development construction, there are less and less projects getting started, but there are the same amount of contractors as there were 12 months ago.

As the contractors have less and less work, what little amount of new development is underway, the developer has a lot more leverage, and the contractor a lot less, hence why they are offering to do the same job for significantly less than they would have a year ago.

[KyleMatthewsCEO @kylematthewsceo]

Cost of construction is coming down fast, with bids coming in much cheaper.

Based on conversations I have had with developers across the US and across product types in the past couple of weeks, the average amount was roughly between (-10%) to (-15%) cheaper.

Construction is seen as an early indicator of the broader economy fwiw.