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All Forum Posts by: Ed Blackshear

Ed Blackshear has started 55 posts and replied 71 times.

Post: Utica, NY Cash buyers

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10

I am a Upstate NY wholesaler looking to connect with cash buyers interested in purchasing properties in Utica NY area and the surrounding areas please respond to this posting or PM me to get added to my buyers list! 

Post: Utica, NY cash buyers

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10

I’m a wholesaler in Upstate, Ny I’m looking for buyers in Utica, NY area looking to aquire more investment properties please reply to this post if you are interested in becoming apart of buyers list!

Post: Wholesaling rentals .70 ARV

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10
Originally posted by @Steve Vaughan:

I pay more based on FMV, but I'm not interested in or qualified to do a ton of reno work. FMV and ARV need to be very similar. I'm ok with trash out, carpet, paint but that's about it.

I pay about 80-85% of FMV for cash or if I have to get a loan, and up to 92% with favorable seller financing.

But the rent to value must pencil.  Here it's close to a 1%er.  Know market rents to appeal to b&H ers.

 Thanks for your input sir that helps 

Post: Wholesaling rentals .70 ARV

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10

I'm looking at 2 possible wholesale deals both rentals, question is does the .70 of ARV apply the same for rentals?

Post: Jay Morrison E-Z funding

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10
Originally posted by @Jay Hinrichs:

Credit card scheme.. massive credit card debt.. is what that is about.

 What are they doing? Giving you a large credit card balance?

Post: Jay Morrison E-Z funding

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10

Has anyone used Jay Morrison’s EZ funding program for flips? Or used any type of unsecured funding? No money down I have a great deal I’m looking at just trying to drum up some creative financing ideas.

Post: [Calc Review] Help me analyze this deal

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10

View report

Here is a rough report I created for a potential wholesale deal Im trying to do and I was wondering are the numbers off?

*This link comes directly from our calculators, based on information input by the member who posted.

Post: Long Islander investing in Syracuse...

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10
I’m wholesaling In Syracuse let me know if I can assist you.

Post: Syracuse NY new investor

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10
What’s your contact info?

Post: Syracuse NY new investor

Ed Blackshear
Pro Member
Posted
  • Rental Property Investor
  • Liverpool NY/Utica, NY
  • Posts 76
  • Votes 10
Hi I’m a new wholesaler looking for some mentorship in Syracuse NY area. I’m highly motivated and I have a ton of leads just need some guidance. Willing to JV deals for knowledge. Some help.