All Forum Posts by: Alex Jacobson

Looking for a buyer or a partner.  cap rate is 8.2%. rent is $2650 and will go up when someone buys it!  What am I missing? it sounds too Two houses on one lot, with ability to sudivide, back house rented with long term tenant for $850 front house is vacant has 4 bedrooms and will rent for $1800

Any pne want to go in on it. I think I can get it for $250,000K

I would pay cash, the cap rate is 8.2%. rent is $2650 a month purchase price is 295K. What am I missing? it sounds too good to be true. May be looking for partners or someone to buy the property. 

I will be buying land (250K) and moving 3 existing homes on the land from one location to the new location. Using a whole house moving service. My costs outside of the land purchase are 200,000K. ARV will be $850,000+

I may be able to go traditional to the land, but would like to just use one lender if the numbers make sense for about 6 months until I can refinance.

call me!

Hi Thank you, and yes you are right! However, I have accounted for all foreseen costs including 15% overage. Just looking for a lender who can take this one. the houses would cost $800,000 to rebuild. As long as I stay well below that I should still be in the +

Thanks Jay, yes 3 free houses, just have to move them... it sounds easier than done.

I will be buying land (250K) and moving 3 existing homes on the land from one location to the new location. Using a whole house moving service. My costs outside of the land purchase are 200,000K. ARV will be $850,000+

I may be able to go traditional to the land, but would like to just use one lender if the numbers make sense for about 6 months until I can refinance. 

call me!

I need to speak with someone who has moved a whole house. I just need some range of the cost: if its 30,000 a house or is it 300,000 a house IDK?

 Has anyone out there done this?

I have been offered 3 small homes, 500, 700 and 1200 sq ft. If I can move them. I have a lot identified. Moving them about 20 miles. There are only a few companies I have been in touch with and they are so busy they dont seem to want the business.

Companies I reached out too: Mammoth moving, Kansas whole house moving and vogy house moving.

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $170,000
Cash invested: $40,000
Sale price: $185,000

BRRRR for our Investor Partner. Purchases Price 170,000 Cash invested 35,000
Hard money at 10%
Repair cost: 40,000
ARV: 275,000 (TBD!)

What made you interested in investing in this type of deal?

Equity addition

How did you find this deal and how did you negotiate it?

On the Pueblo MLS

How did you finance this deal?

Hard Money Mike of Denver

How did you add value to the deal?

Updating kitchens and Bath

What was the outcome?

TBD

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $485,000
Cash invested: $100,000

Originally on the market for $700,000. No Bank! Purchased with seller financing. Will invest 150,000 for an ARV of 900,000 and 250,000 in equity. Also will be adding tiny home cabins to property to make for cash flowing retreat/STR.

What made you interested in investing in this type of deal?

Area has lots of opportunity for more structures, and saw an opportunity for a less than market priced deal.

How did you find this deal and how did you negotiate it?

Word of mouth

How did you finance this deal?

Worked with sellers broker to secure seller financing at competitive rates

How did you add value to the deal?

creating equity partnerships with contractors, no cash up front to do labor.

What was the outcome?

TBD expected completed 04/01/2025