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All Forum Posts by: Andre Clarke

Andre Clarke has started 6 posts and replied 13 times.

Post: Pittsburgh,PA Real Estate

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

@Elijah Leonard I am from Philadelphia and I am currently thinking about investing in Pittsburgh. I bought my first rental property in Detroit Michigan and I am looking for my next deal.

Post: Wholesale deal with $600k mortgage

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

@Brandon Sturgill

The property is in good condition just may need a few cosmetic touchups here and there. I think the renovation will be about $5000. I figure after I get this property under contract I would market the property on craigslist and Facebook. I don’t know anywhere else to market the property or how to find buyers.

Post: First wholesale deal with a $600K mortgage

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

@Jason Josiah thank you Jason.

Post: Wholesale deal with $600k mortgage

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

Hello everyone. I am in New Jersey and I have my first potential seller who is Highly motivated to sell his house. He said the house has a mortgage balance of $600k. He bought it 2 years ago for $780k and I see one house recently sold for $765K that has almost the same amount of Square ft, and another for $600k with half the size in square footage. Is this a deal worth taking? Do you Think I could potential assigned this deal to a end Buyer and still make money from this deal? What should be my max offer? Please help anyone and thank you.

Post: First wholesale deal with a $600K mortgage

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

Hello everyone. I am in New Jersey and I have my first potential seller who is Highly motivated to sell his house. He said the house has a mortgage balance of $600k. He bought it 2 years ago for $780k and I see one house recently sold for $765K that has almost the same amount of Square ft, and another for $600k with half the size in square footage. Is this a deal worth taking? Do you Think I could potential assigned this deal to a end Buyer and still make money from this deal? What should be my max offer? Please help anyone and thank you.

Post: My first deal with an Agent, what to do

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

@Brandon L.

I think the agent is working for the seller. Thank you all for your input I really appreciate it.

Post: My first deal with an Agent, what to do

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

I meet a real estate agent who provided me with what’s supposed to be my first deal. The agreed price for the property is $80000. However, he is asking for $5000 Earnest deposit which must be paid to the title company within 3 days after seller sign the contract. Is this too much of a Earnest deposit?

Post: Need attorney Philadelphia Jersey Real Estate Sale Contract

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

@Christopher Calkins

Thank you I will give Alan a call

Post: Need attorney Philadelphia Jersey Real Estate Sale Contract

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5

@Carl Fischer

Thank you Carl

Post: Need attorney Philadelphia Jersey Real Estate Sale Contract

Andre ClarkePosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 5
Hi am a newbie and looking or a local Attorney in PA for assistance with sales agreement.