All Forum Posts by: Jessica A. Smith

This is gorgeous! Nicely done

Thanks for the tips everyone! This is my first "deal" so I'll keep you posted.

Hi BP,

I'm in the process of trying to get property under contract. Problem is seller is stressing he needs to sale and he needs the money ASAP, but can never meet or even speak on the phone. We've communicated via text, but I feel like I could get a better feel from him during a face to face. I have looked at the property, but unable to go inside due to tenants.

Any suggestion on how I can overcome this. Is a face to face necessary? I want  the most info possible in order to correctly estimate repair cost and so on.

Hi, Could you send contact info?

@Hattie Dizmond Thanks so much for your input. I haven't picked up that book yet, but I'm headed that way now!

Originally posted by @Michael Noto:

Hard money lenders are going to require you to put down a down payment in most cases as well.  Especially since it is your first deal.

How much do you estimate you would profit from a wholesale deal?

 To be honest I'm still working the numbers. I'd like to profit 10K if possible

Originally posted by @Ricardo Murph II:

@Jessica A. Smith I work in Oyster Creek, I am guessing the property is close to Clute, and would love to help you talk through this deal.  I am new as well but I have been doing some deep research and will start marketing soon.  

-Ricardo,

The property is close to Clute. I would love to connect! Let's trade info via PM

Chuck Redman I'd be interested. I'm in Lake Jackson so Pearland saves me a little drive time.

I'm new to the area and I need help!!! I'm looking for a contractor to do a walk through and provide estimates for rehab. Property is located in Freeport, Tx. Thanks!

I'm new and I need help!!! 3 bedroom home and 2 - 2 bedroom duplexes on 4 lots. House is renting at $800 w/ long term tenant. Duplexes are empty but have rented for 600 in past. Repairs and updates needed. Seller is asking 90K. Seller finance is not an option. I'd like to house hack. Pre qualified for FHA loan but not enough saved for down payment yet! Could someone walk me through how to determine the AVR? If numbers work should I approach credit union or a hard money lender to complete this deal? Then if I can secure down payment funds then there is a need for repair funds. My head is spinning...