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Kristin Gerst from Capricorn Mortgage Investments breaks down what she looks to be for in buying performing owner-financed notes.
Kristin Gerst is the Managing Director at Capricorn Mortgage Investments. Capricorn Mortgage Investments buys high-hobby price mortgages from diminutive enterprise house owners and companies and sells them to substantial institutional buyers.
Kristin Gerst was born in Paris, France and raised in Chicago, IL. Kristin is a graduate with a BA and MA diploma from the College of North Texas. Kristin has been a Texan since 1996 and personal turn into a rotund-time real property investor in January 2005. Kristin purchased started with an 8-unit condominium building and by mid-2008, she had got over 60 doorways that were all rented Half-8 and that she managed herself. Since January 2005, Kristin has efficiently renovated 100’s of properties. After the market crashed in 2008, Kristin learned suggestions to owner finance properties and began converting her properties to mortgage notes as her tenants vacated. She also was expert in buying properties by the “Discipline-to” device and creating “wrap round mortgages” with every property she got. In 2014, Kristin accredited the Director of Marketing and marketing attach of abode for Bay Mountain Capital, a onerous money lender in Dallas, TX, and purchased proficient at no longer most moving borrowing onerous money, but also lending it.
Kristin has originated 100s of owner finance notes for her possess portfolio along with varied buyers. After discovering a necessity available in the market to expend owner finance mortgages from buyers, Kristin created Capricorn Mortgage Investments in early 2015. Since 2017, Capricorn Mortgage Investments has offered and sold over $26 million greenbacks in non-public owner finance mortgages.
In 2017, Kristin entered the short-term poke condominium spot in Dallas, TX. She has twelve active and very successful AirBnBs in Uptown Dallas and has started managing short-term rentals for comparatively a couple of buyers. Kristin Gerst is with out a doubt one of many Divas on the mark “Real Property Divas” on PropelioTV and continues to public focus on and relate on various real property issues month-to-month.