All Forum Posts by: Brad Keyes

Investor seeking handsome contractors.

Lol

Creating new contact and relationships in Knoxville.

How can we help each other. Tell me your needs.

@Anoushka Miranda

I agree with @Matt M. Probably best to pass on this property, unless you can negotiate the price down and get your renovation cost down 30%.

@Patrick Flanagan

Susan Calabrese. She has a great wealth of knowledge and an amazing team.

@Saunya Wenger

I’m am currently closing on the 23rd on my first Knoxville project. As an out of state investor I would love to make new contacts in your area. If I can help you in anyway please let me know.

I’m an investor in Kentucky and Tennessee.

I’m not a rookie and not a professional, that said I’d love to find a way to be an assist to others and build new relationships in an area new to me.

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We held this for 10 Years

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $285,000
Cash invested: $56,000
Sale price: $700,000

This was actually our residence for this period of time

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

This was a foreclosure, i found it while driving through the neighborhood

How did you finance this deal?

Traditional lending from the bank and a personal loan for part of the 20% down payment

How did you add value to the deal?

The house was in disrepair, i am in consturution so we basically gutted the house and made it brand new

What was the outcome?

Started with 10k, and left with 500k

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Dani Wilcox KW