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All Forum Posts by: Blaine Cox

Blaine Cox has started 23 posts and replied 35 times.

Post: Wholesale purchase question

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

@Steve Morris

Thank you for the advice!

Post: Wholesale purchase question

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

@Nick C.

Thank you

Post: Wholesale purchase question

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

This may be a dumb question but when purchasing from a Wholesaler is the assignment fee already in the deal as presented?

For example if a wholesaler is advertising a property as $50,000 or best offer, is the assignment fee inside that $50k for them or is that fee tagged on at closing?

Post: Hard Money for a 10 unit rental purchase??

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

Thank you for the replies!  I would be fine with putting money down.  As far as conventional financing I can speak with the wholesaler.  They mentioned cash or hard money.  I’m assuming to get paid quickly.....   

Post: Hard Money for a 10 unit rental purchase??

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

A 10 unit deal is available for purchase from a wholesaler.  Obviously would need cash or hard money.  I’m not exactly sure how this would work utilizing hard money for a buy and hold.  If I were to use hard money to purchase this deal how would that work?  For flips I get it, they get their money back within a reasonable time.  With me wanting to purchase these units and maintain them, that’s where I get curious.  Thank you in advance for any responses.  

Post: Looking for Realtors in Lakeland FL

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

Thank you!

Post: Looking for Realtors in Lakeland FL

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

Any Investor friendly Realtors in or close to Lakeland FL?  

Post: Can someone “dumb down” this hard money scenario??

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

@Jay Hinrichs

Thank you for your response. Great info!

Post: Can someone “dumb down” this hard money scenario??

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

@Dennis Cosgrave

Thank you for your response

Post: Hard money lender question

Blaine CoxPosted
  • Rental Property Investor
  • Lexington, KY
  • Posts 36
  • Votes 12

@Dane Stuart

Thank you for your response!