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All Forum Posts by: Amanda Finney

Amanda Finney has started 4 posts and replied 16 times.

Post: I have my first home under contract.....now what?

Amanda FinneyPosted
  • Memphis, TN
  • Posts 16
  • Votes 0

@Jason D. AHA! I gotcha! I know to do that next time! Thank you so much. God Bless!

Post: I have my first home under contract.....now what?

Amanda FinneyPosted
  • Memphis, TN
  • Posts 16
  • Votes 0

@Jason D. Thank you so much for that! Ok, my next question how much more do I sell it for? How do I come up with those numbers?

Post: A new investor open to experienced advice!

Amanda FinneyPosted
  • Memphis, TN
  • Posts 16
  • Votes 0

Hello all I am new here and I am a new investor (Wholesale). I love advice. Any advice you would like to give me as a new investor is  GREATLY appropriated! I also have my first home under contract and I am kinda at a stand still, please help what should I do next besides contact another investor? Thank you all Be Blessed

Post: I have my first home under contract.....now what?

Amanda FinneyPosted
  • Memphis, TN
  • Posts 16
  • Votes 0

Ok, now that I have my first house under contract, I am wanting to wholesale. I know that I have to find someone who wants to buy it, a investor, but what really is my next step, how do I profit off of this property? Any advice would help thanks so much!

Post: ARV

Amanda FinneyPosted
  • Memphis, TN
  • Posts 16
  • Votes 0

@Lonnie Pickard So you have calculated a MAO of $50,000. What do you apply that too? Im new to this and I have my first house under contract. I need to get a better understanding of the numbers... Thanks so much.

Post: Ready to make my first move!

Amanda FinneyPosted
  • Memphis, TN
  • Posts 16
  • Votes 0

Hello all, I am new to real estate investing and I have gotten all the knowledge I believe I can get at this point. I am ready to put my first house under contract and get the ball rolling. I am very open to advice and to gain more knowledge from more experienced investors. I would also like to know is, for example if a house is on the market for $17k and they say that the home has about $10k-$15k worth of repairs (or even if I do and inspect the place myself ), What do I add ,divide, multiply, or what not to get the numbers that I need to put the house up for, so that I can get a profit? (I hope that makes sense)  THANK YOU ALL FOR YOUR RESPONSES! God Bless