All Forum Posts by: Gilbert Ross Jr

@Account ClosedHere are the numbers.

ARV- $149K (comps for $170K)

Acquisition cost- $45K

Repair Cost- $50K

Area- C+ East Orange, NJ

Please let me know if you need more information.

Here are the details of the deal.

ARV- $149K

Acquisition- $40K

Rehab- $50K

Area- C+ East Orange, NJ

I have the deal breakdown if you want to see it. I am looking for a partner for this deal. I am willing to do an equity split with the investor. Deal will take 90-120 days from start to closing with end buyer. Please email me if interested.

I am a licensed realtor and recent investor. I am working on my first flip and I need help. I don't have the credit score to get the money from a bank but I have a solid deal. I don't have cash to put upfront at this time so I would need to do joint venture I think. I would like to discuss this with someone that can give me some advice. What is the best way to do your first fix and flip? Financing is difficult because this is my first fix and flip. 

I am looking to talk to someone about crowdfunding for my real estate investment business. I have been in real estate for 13 years and I have been investing for a short time. I would like to talk to someone about breaking into the fix and flip arena through crowdfunding. I have a deal on the table but I need to speak to someone ASAP.

@Jeremiah GrantI am from East Orange myself. I don't know if I can mentor you but I can help you in the business. As for an attorney, you probably don't need to do a double close. You can just do an assignment of your contract. I have an attorney that can help you do that if you have a deal. Avant Law firm Newark, NJ. As for Majorie and let her know I referred you. 

Avant Law Firm, LLC

Newark, NJ 07102

973-440-9325

TOTALLY RENOVATED 3 FAMILY WITH EXCELLENT RENTAL INCOME POTENTIAL. EVERYTHING NEW WITH LARGE ROOMS AND EAT IN KITCHEN. THIS PRICE IS A STEAL! I HAVE COMPS FOR $320K. GROSS RENTAL INCOME $3,500-$3,700 AND SIX FIGURE EQUITY WHEN YOU BUY. PLEASE SEND ME A MESSAGE OR PHONE CALL IF INTERESTED.

https://postlets.com/posts/14268689/review

@john 

@John MezaI would try to have an agreement in place if you will be working with someone you do not have a business relationship with. I would suggest you tie the deal up with a contract with the homeowner first. Then you can the investor you have an agreement with to look at the condition of the property. I am in north Jersey if you have leads in this area. I would be willing to work with you. I also have a service that can access that information. I don't know how much your are spending but this one is $99 a month.

@Andy DyerIs this the property in South Jersey you posted before? I am a Realtor and an investor in the North and Central Jersey area.

MUST SELL PROPERTY HAS BEEN TOTALLY RENOVATED AND ALL IT NEEDS IS TENANTS. CASH FLOW $500-$1000 EASYLY. PLEASE SEE LINK BELOW FOR PHOTOS. I HAVE A FINANCIAL BREAKDOWN OF THE PROPERTY IF YOU ARE INTERESTED.

http://newjersey.craigslist.org/rew/5066695680.html

@Elaine Griffinif the property goes to sale you will own the property. At that point you can have the owners evicted and sell the house. As you mentioned you could always sell at the court house. depending on what the value of them property is you may be able to sell at the court house steps.