Dave Franecki has 30+ years experience in various aspects of the Real Estate industry in three distinct geographic locations– Cincinnati, OH, Portland, ME and Phoenix, AZ. His range of experiences include almost every facet of the real estate industry including real estate sales, landlord, rehabber, fix and flips, loan officer, credit repair, investor mentor, building and land development.
From 2008 -2014, as an REO broker, Dave and his REO team contributed to the Phoenix real estate recovery. They helped dispose of over 975 REO (bank owned) properties in the Greater Phoenix metroplex with gross sales exceeding $115,000,000.
Utilizing his experiences and his unique skill sets, Dave is now consulting with realtors and homeowners/landlords on Seller Carry/Owner Financing. With the changing and challenging mortgage underwriting arena, he and his team partners consult with and help homeowners realize a premium on the sale of their personal residence and selling their home significantly faster than other market listings. Landlords are especially attracted to seller carry because they can actually receive a higher ROI (return on investment) by choosing to sell their rental with seller financing and take back a note, thus eliminating of the headaches associated with toilets, tenants and trash. In both with seller financing scenarios, the seller can earn up to 30x more than what the banks would pay them if the proceeds were deposited in a savings account or CD and without the inherent risk of investing in the stock market. They now have a great return on their non-producing equity, affording more flexibility in their lives.
Dave’s business philosophy is best described by the following asset manager testimonial,
“Thank you, both! I can honestly say I don’t think anyone has more drive or persistence than your office… I found it a little overwhelming in the beginning, but I have come to understand that you will always get the job done as soon as it can be done! I love it!”
Heather Stern, Fannie Mae Asset Manager 2012
In his spare time, Dave’s passion is hiking/exploring the Arizona’s desert and mountains and spending time with his daughter and grandson.