All Forum Posts by: Ed Walker

 Thanks Joel. I was feeling it was but just wanted a little guidance on the presentation of the numbers to the seller.

 Hey Chris, I didn't know that was a product. I most definitely will keep that in mind. Thanks

Good afternoon BP family,

I have an owner finance deal that I am pursuing and would like the best course of action. Here is the deal:

Property has an ARV of $250,000

Purchase Price is $190,000

Rehab: $5,000-8,000 (for a lease option tenant)

Seller needs $30,000 at closing

Financing: 15 years at 0 %

Rental amount: $1,800

My payment (including T&I): $1,100

Suggests Please!

Good morning/ afternoon BP family,

I have an owner finance deal that I am pursuing and would like the best course of action. Here is the deal:

Property has an ARV of $250,000

Purchase Price is $190,000

Rehab: $5,000-8,000 (for a lease option tenant)

Seller needs $30,000 at closing

Financing: 15 years at 0 %

Rental amount: $1,800

My payment (including T&I): $1,100

Suggests Please!

Good afternoon BP family, I am an investor/ agent and I am working  on  a few big deals and I have a quick question for those who are seasoned Real Estate investors and those who may invest. I will be meeting with a new investor today and although it's not my first one I've worked for but it will be the first one I've worked with. The meeting today will be about the investor and I working together to build rehab and build homes here in the area of Virginia and in North Carolina. I would like to know what would be a good direction to go with creating and building business and what would be a few good questions to ask along the way. 

Thanks for your time PB.

Edward Walker 

Investor/ Real Estate Agent 

Creating the life you so choose to LIVE- 

Thanks Brain!

Good Day BP,

I am looking to get a bit of advice to assist my client the best way possible. I am a realtor here in VA and I have a client that is currently living in NY that is working on purchasing a home down here to live in. My client has an investment account that has about 35k in it and they wants to pull it out to put down on the purchase of their new home. The problem is that they have an accountant that has informed them that if they pulls the money out now along with IRS fees and bank fees that it will cost them a little over 12k to do so. Is there a process or procedure that can help my client out so that they don't lose so much. I am not talking about anything that will get them or I into trouble.

Any sound advice would be helpful.

Thanks 

Good Day BP,

I am looking to get a bit of advice to assist my client the best way possible. I am a realtor here in VA and I have a client that is currently living in NY that is working on purchasing a home down here to live in. My client has an investment account that has about 35k in it and they wants to pull it out to put down on the purchase of their new home. The problem is that they have an accountant that has informed them that if they pulls the money out now along with IRS fees and bank fees that it will cost them a little over 12k to do so. Is there a process or procedure that can help my client out so that they don't lose so much. I am not talking about anything that will get them or I into trouble.

Any sound advice would be helpful.

Thanks  

Hey Jon,

Congrads on taking the next step to know what you need to know about being a good real estate investor. Use all the resources that you can and reach out to those in your area.

Good luck and be blessed