All Forum Posts by: Dewayne Gammel

@Curt Davis 

Hey man, you could always overthrow the HOA president and then write new by-laws!! That seems like a feasible option in this case... Figured you needed a laugh!

Congrats!! Way to go Super-MOM!!

Curt Davis You will not be able to do "true owner financing" if you still have a mortgage. I have completed 9 such deals. That's how I was able to get into real estate. The due on sale clause will come back to bite you. Is your mortgage assumable? Maybe they can assume it and then still cut you a check every month for your profit? Other than that you could write a contract that would allow them to pay off your mortgage monthly and once it is paid you then sale the house for strictly the profit you would expect and then deed the house to them with only the profit as a "true owner financed" deal. Sounds like your HOA is really making this difficult?

I would like to know as well. Good, dependable and reasonably priced.

Shawn Dandridge I can refer you to a couple, message me

This is a ironic list: http://m.policymic.com/articles/22686/america-s-10-deadliest-cities-2012

Shawn Dandridge where in Memphis did you buy? Andy Luck not all areas in Memphis are war zones. I live and invest here and you just need to know where to stay away from. IMO out of state investors need someone here with feet on the ground. There are great areas within "problem zip codes" but someone who has never been here or doesn't have a local team in place here definitely has a disadvantage.

Sam H. I am not an agent, however I am from here, still live here, and invest here. I know the area well! Thanks

Read the bigger pockets book on estimating rehab costs by J Scott. It helped me out a lot!

I have made 2 offers this week and plan on making 5 more before next Sunday! I will follow up and let you know how it goes!!