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All Forum Posts by: Dwaine Hibbert

Dwaine Hibbert has started 2 posts and replied 4 times.

Post: Fort Pierce FL Lucky Find

Dwaine HibbertPosted
  • Handyman
  • Port St Lucie, FL
  • Posts 4
  • Votes 0
1600 mthly
ARV 135k - 150k

Post: Ready to let go ASAP

Dwaine HibbertPosted
  • Handyman
  • Port St Lucie, FL
  • Posts 4
  • Votes 0

I have to let go of this fixer in Ft Pierce  ASAP. Great location, quiet neighborhood, 1050sf with central air. Needs major repair. Already have engineer plans. Walking distance to schools and park. Minutes from the beach. Great income potential.

Post: Fort Pierce FL Lucky Find

Dwaine HibbertPosted
  • Handyman
  • Port St Lucie, FL
  • Posts 4
  • Votes 0
Hi. Thanks for the feedback. It's in Irene Plaza neighborhood. A walk from Horatio Grisby park. I need your help. Thanks

Post: Fort Pierce FL Lucky Find

Dwaine HibbertPosted
  • Handyman
  • Port St Lucie, FL
  • Posts 4
  • Votes 0

Investment Info:

Single-family residence private money loan investment.

Purchase price: $70,000
Cash invested: $20,000

Going to be a rental. Needs full remodel

What made you interested in investing in this type of deal?

Location

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

Found on the mls. Negotiated with cash deal and quick closing.

How did you finance this deal?

Private lender, 12.5% balloon at 5 yr. No down payment.

Lessons learned? Challenges?

Upcoming challenges with full remodel and building department turn around times.