All Forum Posts by: Jaron Sherwood

I have a property under contract. I need to close fast and I'm looking for a cash partner for this deal. Email me for more info. Thanks. 

Purchase price $190,100

Rehab less than $25,000

Arv is aroumd $255k 

Property sits next to main road so value will drop from the comps in the neighborhood. 

Comps are $270-275

I have been thinking this same thing. I'm interested as well. 

@Christian Robbins I'm already in contact with Jeff.  Thank you.  

If you are a wholesaler in Northern Utah please contact me.  

I assume that your cousin is single since you are talking that the home would be vacant. If that is the case, the va rules make it difficult to purchase in his situation. He needs to live in the house no later than 60 days after closing. If he is married, his wife can live in the house while he is tdy.

check out the video on this site, it explains it pretty well.

https://www.veteransunited.com/valoans/occupancy-requirements-for-va-loans/

Ira, 

I am planning to flip the property.  

I would hire a contractor,  you're actually top on my list.  

Originally I was looking into hard money but I've ran into problems. The one I was planning to use doesn't lend to Utah properties and another wants me to have 45 k liquid before they'll lend.  

I won't have a lot of my own money in but I will have some,  especially with the rehab.  Estimating 5-10.

Whst kind of info do you want/need from me on this property? 

I need any interested parties to contact me for a cash partnership for a sfr in Pleasant Grove, UT.  

I will be upfront,  this will be my first deal but I have studied and listened to everything I can get ahold of to get ready for this.  

I would love to talk over the phone or face to face if possible so we can come to an agreement.  

Since this is my first the partnership is negotiable.  

About the property; offer is in but hasn't been accepted.  Other offers are on the table.  

List price: 175,000

Approx rehab cost :20-30k

Arv with 2 comps (will work on getting more) 245k

Offer price 165,400

The home was built in 1979,  split level type home 

4 beds 2 bath 1884 Sq ft with a garage.  

Please message me with any interest and I will give my phone number.  Thank you.  

Please email me more info /pics of this property.  

[email protected] 

I would be more than grateful for you to send your list.  

The house I walked through today was in Glendale.  It's  quite a project and I'm not sure I want to take it on but I do need to build the relationship nonetheless.