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All Forum Posts by: Carl Trent

Carl Trent has started 1 posts and replied 11 times.

Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

Indeed @Copeland. I will be in touch...

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

Thank You @Corey. And the seller is facing foreclosure and got the house for $1. Cant afford the house anymore @johnathan

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

?????  That was my initial plan from the beginning.  Thanks everybody for all the Help and feedback. 

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

?????  That was my initial plan from the beginning.  Thanks everybody for all the Help and feedback. 

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

?????  That was my initial plan from the beginning.  Thanks everybody for all the Help and feedback. 

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

I thought about the buy and hold strategy,  but I am looking specifically for a buyer that I have lined up already. So I am on a manhunt for properties for my buyer.

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

Good Point!  @Jacob, I think I might do just that. Thanks.

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

ARV , $315k, Purchase price is $220k- $20k rehab = $200k. A 20% assignment fee = $40k. - $200k Seller gets $160k. Buyer gets the rest of the meat on the bone. I'm still piecing together the deal. So any advice is very much accepted. Thanks

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

what would be a good assignment fee?

0 Votes
Wholesaling

Post: HELP!!!! Can i make $40k on a wholesale deal if house has ARV of $315k

Carl TrentPosted
  • Trenton, NJ
  • Posts 11
  • Votes 0

Just wondering if $40k is too high of an assignment fee?

0 Votes