All Forum Posts by: Alex Kanaval

@Bobby Hosmer I haven’t pulled any comps or anything yet. This all kind of fell into my lap the night before this post. He’s wanting to sell the townhouse for $185,000 and it’s in a nicer area of town (speedway and Harrison area). Everything I’ve seen in that area is well above what he’s going to sell it for.  I know he’s done some upgrade to the house but I’m not sure everything he’s done. 

I talked with him yesterday and I’m going to be in Tucson next week so I’ll be able to go a check it out in person and see what he’s done to it. 

I’ve been interested with getting into real estate and I’m very new at this so any and all information is a huge help. 

@Cade Olof This place would not be used as my residence. I would like to take the profit from the deal and hopefully help set me up for others in the future. 

Hi everyone, I’ve been listening to the bigger pockets podcast for a few months and I’m very new to real estate investing.

I have an opportunity to get a townhouse for $15,000-$20,000 under market value. This townhouse is in very good shape and in a nice part of town and is owned by a friend of my sisters. He needs to sell it fast because they are moving out of state. My question is, if I pick this property up would it be better to try and wholesale it or buy it and immediately sell it or is there a better option? 

A little background on what I have going on.i currently live in Phoenix and I’m getting my house ready to be put on the market to sell and hope to have it on the market by the end of January. I’ll be moving down to Tucson some time in March. With what I’m listing my house  for, I should make around $50,000 profit. With this money I would not be able to purchase this other townhouse cash, I would still need to get a loan for it. My sisters friend wants to sell his property in March and I’m trying to figure out what my best option is in this situation.

I know opportunities don’t just end up in your lap like this and I want to take advantage of it. Thank you for any and all the help

Hi everyone, I’ve been listening to the bigger pockets podcast for a few months and I’m very new to real estate investing.

I have an opportunity to get a townhouse for $15,000-$20,000 under market value. This townhouse is in very good shape and is owned by a friend of my sisters. He needs to sell it fast because they are moving out of state. My question is, if I pick this property up would it be better to try and wholesale it or buy it and immediately sell it? 

A little background on what I have going on. I’m currently getting my house ready to be put on the market to sell and hope to have it on the market by the end of January. With what I’m listing it for I should make around $50,000 profit. With this money I would not be able to purchase this other townhouse cash, I would still need to get a loan for it. My sisters friend wants to sell his property in March and I’m trying to figure out what my best option is in this situation. 

I know opportunities don’t just end up in your lap like this and I want to take advantage of it. Thank you for any and all the help