All Forum Posts by: Jesse Dominguez-Castelan

Congrats on the 6th deal!

Depending on what resources are being used to find the comps they may be ambitious. Until whoever is sending you these opportunities has the conversation with you on how much you'd like to make on a deal, how you figure your ARV and how you plan a rehab/ costs they are likely going to continue sending you opportunities you won't find too appealing.

Paul, as licensed agents my team and I do our best to find out as much information from the seller as possible so that we can provide you with what we hope is a complete picture of the property. We then like to provide our clients with photos, tax information and comps. We do encourage doing your own due diligence even though we are providing all this info. We also double close so that we can guarantee you with a free and clear title. Hope this helps!

I'd love to hear from fellow investors: What exit strategy do you commonly use, and what has worked best for you in today's market? Do you prefer flipping for a quick profit, or do you take a more long-term approach with rentals? Or perhaps you’ve found success with other strategies like lease options?

Feel free to share your experiences, tips, or any insights you’ve learned along the way. Looking forward to hearing your thoughts so I can understand what is the favorite route in this area!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $82,000
Cash invested: $16,000

Single family, two story home. 4/2.

How did you find this deal and how did you negotiate it?

This was an off-market property. The seller and I ended up agree to seller finance terms.

How did you finance this deal?

Seller financed as of now, will need to refinance out of it

How did you add value to the deal?

So far, I've replaced the roof and siding, and painted the interior.

Lessons learned? Challenges?

I don't know how much more I should plan on fixing or investing into it. For example, electrical is original from 1960, there is no central AC - heating it through baseboard heaters

Welcome Miciah! If you surf through the forums you'll get a bunch of good nuggets from conversations. If you need help finding properties feel free to reach out!

Welcome to BP and on your new journey!

Hey Rahul. I come across different properties that would work for either of those two strategies. If you're not against learning about them give me a shout, would be awesome to connect.

Hi @Rochelle Gerber , Capital Fund 1 is a great lender for AZ, CO, TX, TN and GA. They lend up to 90%

Hi Jack, Greg mentioned to look for someone that's with New Western. I'm an agent for New Western in the Phoenix Market. That being said, I can get you connected with an agent in the market you're in if it's not this one!