All Forum Posts by: John O'Leary

Hey John,

What type of property is it, and what type of financing are you seeking?

Hi Zach

I don't know any permanent wholesalers, but I do have a property available in Lancaster (17602). I'm also in Boardroom MM so if there is something specific you are looking for I can reach out to members in the group from that area. 

Thanks, GL!

I look for at least 20% COC return. Take the net income after all expenses divided by my total out of pocket

Hi Timothy!

Welcome to BP. I'd happy to hop on a strategy call and assist in analyzing anything you have so you can keep the assembly line moving, assuming those are your intentions.

Best of luck!

MLS is always a good option. I'd target properties with longer DOM, as well as expired listings and use a creative finance terms to approach those sellers with.

Good Luck!

Hi Matt,

What is it that you're trying to calculate?

Investment Info:

Single-family residence buy & hold investment in Valley Village.

Purchase price: $165,000
Cash invested: $16,500

Minimal rehab, essentially carpet and paint

What made you interested in investing in this type of deal?

Great cash flow with equity already built in.

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

Local wholesaler in Central Florida.

How did you finance this deal?

10% down using a 5/1 ARM

How did you add value to the deal?

Carpet, paint, with minimal landscaping. Property was a newer build and was kept in good shape.

What was the outcome?

Kept as a rental netting over $500 per month

Investment Info:

Single-family residence buy & hold investment in Valley Village.

Purchase price: $165,000
Cash invested: $16,500

Hi Wendy,

I'd be happy to connect and see what options you have available to you. I'm in Orlando and can also give you investor friendly title companies and attorneys in the area. Lakeland is about 15-20 min away.