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All Forum Posts by: Jelani Mills

Jelani Mills has started 2 posts and replied 5 times.

Thank you Nathan for that information. I will definitely keep that in kind.

I'm researching a property in the foreclosure/auction process. The owner has been served a notice of sale. The home was scheduled to be sold at a foreclosure auction but the date has been postponed. I'm a beginner in real estate Investing and I'm wondering if I should go and knock on the owner's door and make an offer or contact the bank? 

Post: Hypothetical Wholesale Deal

Jelani MillsPosted
  • Posts 5
  • Votes 0

Thank you for the information I really appreciate it. That's what I need to know. 

Post: Hypothetical Wholesale Deal

Jelani MillsPosted
  • Posts 5
  • Votes 0

Thank you. I appreciate the information. 

Post: Hypothetical Wholesale Deal

Jelani MillsPosted
  • Posts 5
  • Votes 0

This property is in foreclosure. It's in a neighborhood where the COMPS are between 648k and 730k. Using the Bigger Pockets calculator and the 70% rule here are the numbers I came up with. Also the investors profit and wholesale fee is best case scenario.