All Forum Posts by: Baron Wilson

I have a property on 4233 corduroy rd, Oregon, oh, 43616. Arv is $170,000. I would like a loan of $35,000 for rehab costs and I will pay back the lender after I refinance. Thank you!

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I have a property I want to rehab. Rehab costs $30k and arv $170,000. I can pay lender back after I refinance the property. We can make a contract. Thank you.

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Toledo, Ohio

To my successful landlords, what is it like? Pros and cons? What is it like to refinance, have cash, be rich, have equity, etc.

I am so excited to be wealthy lol!!!!

I am in real estate to be wealthy. Also, I love helping others and the process!!

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Quote from @Bob Stevens:

Quote from @Baron Wilson:

Quote from @Bob Stevens:

Quote from @Baron Wilson:

I hear all the time people offer sellers over asking price or over the value of a home.

Also, an experienced investor who is very successful once told me that no one would buy a home worth 100k for 125k but he himself would because he is a buy and hold investor and investing is for the long term and he will make his money back.

Why is it am offering a property worth $116k for $135k and I am getting push back? To me that is a little above asking price and tenants will pay off the property and give equity. Also the house will be owned free & clear.

STOP what you are doing. You are not ready to put in offers. Get to your local RE meeting , learn then go on your own. Offering OVER market value, WHY ?!!! Please get to your local meeting

Good luck

i went and a investor there said he would pay $125k for a $100k house because he buys and hold. Thank you for honest advice tho! I will take heed!

DUMB way of investing, do not network with that person LOL

Lol thank you! I will listen

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Quote from @Patrick Mathieu:

Can this deal support a minimum 1-1.5% rule?

Potential for a 9-10 CAP?

yes! dm me lets connect

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Toledo, Ohio

Quote from @Bob Stevens:

Quote from @Baron Wilson:

I hear all the time people offer sellers over asking price or over the value of a home.

STOP what you are doing. You are not ready to put in offers. Get to your local RE meeting , learn then go on your own. Offering OVER market value, WHY ?!!! Please get to your local meeting

Good luck

i went and a investor there said he would pay $125k for a $100k house because he buys and hold. Thank you for honest advice tho! I will take heed!

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Quote from @Eliott Elias:

You are getting mis information. Never overpay for a property. I don’t care what the circumstances. Always buy with equity to give you a cushion to be able to sell.

Thank you for the raw, real advice brother! I do not know a thing! Lets connect!

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Thank you Im new to the game! I will remember this !! Go for deals!! Especially when presenting to other investors

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All Forum Posts by: Baron Wilson

Baron Wilson has started 20 posts and replied 50 times.

Post: Exposing Section 8 Housing

Post: Exposing Section 8 Housing

Post: Need partner for rehab. I will pay back after I refinance.

Post: Looking for hard or private money lender for a rehab

Post: What is it like being rich landlords and receiving passive income?

Post: Advice needed for my asking price

Post: Looking for buy and hold investors

Post: Advice needed for my asking price

Post: Advice needed for my asking price

Post: Advice needed for my asking price