All Forum Posts by: Pannell Catherine

I just purchased my first sub to home! I am putting a tenant buyer in place on a lease purchase with a two year term. She expects to refinance in about 6 months. What is the best way to structure the insurance on the home and how soon should I change the policy after closing? Its my first subject to deal and I am terrified of the due on sale, although both parties are well aware of the risk it still makes me nervous.

This is my first year operating as a wholesaler under an LLC I had created. I closed 5 wholesale deals last year totalling a profit of about 18k. My question is regarding taxes. I've never claimed wholesale income before and I am not familiar with the process. I have not recieved any tax returns from the title companies showing the income I made. Does the title compnay report my wholesale fees to the to IRS? I know Im a total amateur! Just wanting clarity on how the income is reported if at all. Thanks!

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Do you have any inventory at the moment, looking for a fix and flip. I wish I would have seen this last post sooner!

Interested in home if its still available. Just need the address so I can do my own research on this property. 

We have an eight house bundle deal in Galveston, TX. These houses are all listed at deep wholesale prices and there is a lot of $$$ to be made. Two of the houses are right by the famous "Strand" other houses have huge potential. These houses are at deep wholesale prices. Need to close by March 1st or sooner. All homes are to be sold as a package and not individually. Rough estimate of bundle cost is $545K. 10k locks this deal in.

This is one of the eight in the package. We have an eight house bundle deal in Galveston, Tx and are partnering with another Investor and Realtor. These houses are all listed at wholesale prices and there is a lot of $$ to be made. The seller is moving out of the country and needs to sell fast. Need to close by March 1st or sooner. All homes are to be sold as a package and not individually. All but two are renter occupied on a month to month basis. The bundle is approx $545k. $10,000 deposit locks in the deal.  Call or email for details of the other properties.

Catherine Pannell

832-640-1011

[email protected]

Hello Investors! My husband and I have been wholesaling for over a year now and are ready to do our first fix and flip. We are seeking private money lending for the cost of the purchase and rehab. Any private $ investors feel free to reach out. We have access to great deals and have experience in the construction field. Thanks!

Hello Investors! 

My husband and I are getting ready to do our first fix and flip. We are in search of a good contractor in Houston, TX. Decent priced, honest and quality work is what we are looking for. Any recommendations? Thanks and Happy Holidays!

Hi my name is Cat Pannell. My husband and I have been wholesaling part time for over a year now. We are now getting ready to do our first fix and flip. We are in search of private lending and honest investor/flip friendly contractors.