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All Forum Posts by: Edward Lavin

Edward Lavin has started 6 posts and replied 14 times.

Post: out of state Bird dogging!

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

Ellis, The only way to know if they closed a deal and didn't pay me is thru title search? What's a way to enter into an agreement with an investor on this?

Post: out of state Bird dogging!

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

I have spoken with the owner, he is will to do cash or terms on any or all of his properties. I'm just not in the market for low income housing property management 

Post: Looking for Seller Leads in Detriot area?

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

I have a motivated seller looking to cash out many properties in the area. If this sound like your dream come true, awesome. message me and I'll send you the list and we can work out some form of payment. I'm flexible.

Post: out of state Bird dogging!

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

How do I send a list to an investor and know if they closed on the deal or not?

Post: Real Estate attorney needed in San Juan County, NM

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

Please message me with any referrals. Thanks everyone in advance

Post: Looking At my 1st BRRR

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

Chris, What I mean is the tenant buyer is someone who wants a lease with the option to buy. They will put a min of 10% down and pay slightly above market rent. the 10% is non refundable and goes towards the purchase price. 

Post: Looking At my 1st BRRR

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

Copy That. After expenses, The property should cash flow 5-600/mo with 30k equity on the back end

Post: Looking At my 1st BRRR

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

I put $10 down and plan to have a tenant buyer pay the PITI plus the rest is cash flow. It needs no Reno, Its up to the tenant buyer to redo the kitchen if anything but as it sits, the appraisal came in at 191k. If you have a network of tenant buyers in NM, I'm happy to work with you

Post: Looking At my 1st BRRR

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

Purchase price 160k

Value 190-210k

paying existing PITI 750/mo (68K) plus an extra 350/mo towards the difference of the mortgage and remaining principle.

Payoff and transfer of title is due in 24 months.

rent goes for 1600/mo or more. Property is on a double lot.

so cash flow and equity on the back end

Post: Wholesaling in the NYC Area

Edward LavinPosted
  • Specialist
  • Howard Beach, NY
  • Posts 16
  • Votes 0

has anyone had any experience or expertise that they can recommend to me about this approach for my local market? also if this possible, What title companies will you guys recommend for me. In advance, I'd like to thank you for taking the time to read this and any help is greatly appreciated 

Ed