All Forum Posts by: Chase Tate

So I am looking to buy a wholesale deal I have it under contract with 7 days due dillegence to figure everything out. I want to BRR the property but I have some unknowns. The property is 7 units on three parcels of land all right next to each other. I was planning on buying them with hard money and refinincing out of them. I am wondering how a lender on the refinance will handle it because on the purchase side I am buying all three for one price. Will the lender on the refinance appraise them all seperate? Will I have to assign values to each parcel when I close? Should I attempt to conjoin the lots? Also wondering what the best way to approach the deal is on the ARV side of things as the comps are weak but the cash flow makes a lot of sense and I see upside in rental comps.

Hi guys! My name is Chase I have been a licensed agent in Orlando Florida for about a year I have recently bought and renovated my first home in the east Orlando area it is currently on the market for 290,000 and I am hoping to put it under contract in the next week or so! I am looking to build a network of investors and learn from seasoned investors in the area on different ways to be successful in real estate. I love being an agent and enjoy renovating (even the not so fun stuff) and eventually I want to hold a large rental portfolio. Please feel free to reach out and introduce yourself.