All Forum Posts by: Paul Gwilliam

1415 Apjones for sale. Need full rehab. I have a contract to purchase it. I'm working on closing it, but I'd rather sell it. There is potential to extend the 2nd story roofline to add 220 sq feet. and space for a master suite.

I have pictures and videos on google drive if you want to see, email me.

Selling for $140k, Comps and agent analysis here:

1415 apJones(auditor)
-3bd, 2ba
-1216sqft.

All comps are fully renovated(peak condition)

-4239 Mad anthony st
3bd, 2 ba
1280sqft
listed-$275,000,sold-$265,000
4DOM
Fully renovated, 2 levels

-1525 Chase ave
3bd,2ba
1360sqft
listed-$239,900, sold-$260,000(April 26)
Sold same day

-4248 williamson
4bd, 2ba
1360sqft
listed-$280,000, sold-$302,000(May 3)
Sold same day

ARV estimated at $270,000 with potential to push $300,000k depending on additional bed/bathrooms or added square footage.

Fixer deal in Northside.

Grabbed it off mls to fix myself, but I’ll sell it if you want it.

I’ll send pics on google drive if you’re interested.

Full rehab needed. I mean full. Heat, plumbing, electrical. But there is plenty of room for profit, still!see pics and videos at this google drive link.

https://drive.google.com/drive...

I just snagged the deal of the decade. (Kiyosaki, anyone?). Comps at 200+ at the quality we’re planning.  Purchase price 55k.  I’ve got a crew working on it now.  I just need more money to keep the project going and keep on schedule.  All I need is you and your 20k.  Come make some money with me! 

Deal is in Norwood neighborhood of Cincinnati, Ohio.

See the proposal here!  You can't lose.

Proposal

Paul

I’m just coming off a triplex flip deal.  I can send pictures, it turned out pretty good.  

I’ve got my next deal in my sights, but I’m looking for a financing partner.  I’m willing to give 20% of the deal, or 20% annual interest, whichever is higher

I’m local here in Cincinnati.  There is a lot of opportunities.  I’d love this to turn into a long term relationship.

Let me know if you’re interested.  Happy to talk it through.

Paul

I'm moving on to my next rehab deal and I'm looking for a money partner.

Im attaching some pictures from my most recent flip (4 plex in walnut hills) to give you an idea of my work.

Im looking for an easy one next so I'll commit to a 6 month time frame.

Does this sound interesting to you? Lets talk. Maybe we can figure something out.

https://drive.google.com/file/...

Paul Gwilliam

 If you were short on your rent/mortgage, would you put it on a credit card, or tell your landlord/bank.  Sorry, I can't pay it.

It's easy to paint the landlord as the moneybags bad guy(Because they're always rich, right?)  Landlords provide a useful service that others are not willing/able to provide for themselves (Otherwise they would be homeowners).  I agree putting the whole situation on the tenant is not the Christlike way to go, but painting the landlord as the bad guy for suggesting they use a credit card to pay their bills is a cop-out.  

The contractual responsibility is on the tenant.  The landlord should seek for a moral, positive solution to help as the specific situation demands.

I've got two single family properties (Old, but remodeled) in Cincinnati with a equity that I want to take out for my next deal. The catch is they are low value properties, and no lender i've found yet will touch a non owner occupied refinance for 30k. (Both value 30-40k, rough area of town)

That's the biggest problem. If I could solve that alone, I'd jump at it, but I've had no luck so far. However, I've got another property to refinance right now that might help sweeten the deal if needed.

I just finished a fix up on a triplex with a current loan of 170 and a value of 300.  So I could use this as a carrot to anchor a blanket loan IF the lender would be willing to add in the other properties as well.

Help?

Thanks Y'all!

Paul

My down payment would have significantly increased.  The loan guidelines as determined by the underwriter were significantly different than the guidelines explained by the loan officer.

I had to fund with a short term loan, which I can keep for 6 months, but this short term loan doesn't have rehab funds.

Make 20% on $70,000 by funding my rehab.

I just bought this property, but during closing, the lender changed the game on me, so I had to take a last minute loan that did not include fix up costs. Will you fund my rehab?

Stanton Rehab Proposal

The project is already under way. I’ve finished the trash out and bought many materials, We just won’t get as far as we need to without more money.

Email me for more details.

Paul

Thanks Kris!