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All Forum Posts by: Ricardo White

Ricardo White has started 8 posts and replied 12 times.

Real Estate Deal Analysis & Advice

Post: IS THIS MY FIRST EVER DEAL?!?

Ricardo WhitePosted
  • Real Estate Investor
  • Durham, NC
  • Posts 14
  • Votes 5

This is my potential first deal: Owner has a lien on property of 19k (owner financed) Lien Holder never received mortgage payment from buyer. The Lien Holder is my mother (sweet right) so can I wholesale the note on the property and allow the investor/rehabber to foreclose on the grantee? I ran comps came up with 100k ARV the house is basically condemned 1,936 sq feet built in 1925 and has code violations. I have no clue how to come up with rehab cost is this even a deal. The lien amount is for 19k SOMEONE PLEASE HELP ME!!!!?!?!?

0 Votes
New Member Introductions

Post: NEW INVESTOR FROM DURHAM, NC

Ricardo WhitePosted
  • Real Estate Investor
  • Durham, NC
  • Posts 14
  • Votes 5

brand new investor just learning from Durham, NC very young yet motivated and eager to learn! Interested in wholesailing!!! I look forward to networking with everyone

Ricardo White
First In Flight Homes

0 Votes