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All Forum Posts by: Amelie Cabral

Amelie Cabral has started 1 posts and replied 5 times.

Post: Howdy y’all! New LA based investor!

Amelie CabralPosted
  • Investor
  • Los Angeles, CA
  • Posts 5
  • Votes 0

@Will Barnard I would like to join your meetups in Valencia.  Let me know if you all still meet.  Thanks -Amelie

Post: All You Can Analyze Weekend: High Reno Cost, worth it?

Amelie CabralPosted
  • Investor
  • Los Angeles, CA
  • Posts 5
  • Votes 0

No, I wouldn't be happy over paying $80k, after the inspection revealed lots of damage to the house, I could only offer them $40k.  With the amount of money I would have to put in, it wasn't a good deal for me. 

Post: All You Can Analyze Weekend: High Reno Cost, worth it?

Amelie CabralPosted
  • Investor
  • Los Angeles, CA
  • Posts 5
  • Votes 0

I’m not sure what they owe.  I would be happy to pay $84k, but the house is deteriorating and now the roof and foundation need replacing.  The house has been on and off the market for 4 years.  Not sure if they knew how bad the damages were until I showed them the inspection report.  When it was listed, they didn’t have anything to disclose of the property.  

Post: All You Can Analyze Weekend: High Reno Cost, worth it?

Amelie CabralPosted
  • Investor
  • Los Angeles, CA
  • Posts 5
  • Votes 0

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hi there,  

In contract for this SFH. A contractor I asked to give me a quote on the reno costs told me this was not a good deal. I am going to start negotiations today to try to get the seller from $84,000 down to $40,000.  If I am able to purchase for $40,000, now is this a good deal?  

Thanks,

Amelie

Post: My 1st investment property!

Amelie CabralPosted
  • Investor
  • Los Angeles, CA
  • Posts 5
  • Votes 0

Hi Kay!  I'm curious what kind of loan did you get and with who?  That's an awesome down payment!  

-Amelie (currently looking for investment property in Jacksonville)