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All Forum Posts by: Anastasia Ward

Anastasia Ward has started 3 posts and replied 6 times.

Post: Hud Home Question

Anastasia WardPosted
  • New Bern, NC
  • Posts 7
  • Votes 0

Hello All,

I am interested in wholesaling some hud homes under an LLC. I know that HUD does not allow you to market the property that is under contract, however, since my goal is to sell the LLC is it possible to market the LLC?

Thanks in advance for responses!

Post: Wholesaling Contract Help

Anastasia WardPosted
  • New Bern, NC
  • Posts 7
  • Votes 0

Hi all,

I just recently got a mobile home under contract for $975 and the homes in the area are selling at about $40000. I have a buyer who wants to do a lease option for a purchase price of $10000, $3000 down, and $600 per month for a year. Now, I am new to wholesaling and am not sure how to structure the contracts for this deal. Can anyone give me some input?

Thanks in advance!!

Post: Help Please

Anastasia WardPosted
  • New Bern, NC
  • Posts 7
  • Votes 0

Thanks Everyone! I have moved on to the next. He was very disappointed but we could not come to an agreement over the price.

Post: Help Please

Anastasia WardPosted
  • New Bern, NC
  • Posts 7
  • Votes 0

Okay thanks, and the homes close to his property type only sold for about $100000.

Post: Help Please

Anastasia WardPosted
  • New Bern, NC
  • Posts 7
  • Votes 0

Hello,

I could really use some advice on a deal I have in the works. This guy wants to sell his house for 200000, but when I ran the comps and got the assessment value I saw that it is only worth about $142000. He paid $115000 for it back in 2002, put a good amount of upgrades into it back in 2009. How should I proceed? His house has already been on the market for 2 months.

Post: Uncertainty with using Assignments

Anastasia WardPosted
  • New Bern, NC
  • Posts 7
  • Votes 0

Hi,

I was wondering if there is a way for you to replace the earnest money deposit, since you are no longer the buyer?

Anastasia