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All Forum Posts by: Ken King

Ken King has started 6 posts and replied 21 times.

Post: Looking for Underwriter for our Potential Deals

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6
Quote from @Scott Wolf:
Quote from @Ken King:
Quote from @Scott Wolf:
Quote from @Ken King:

Looking for a underwriter that I can use to see if our commercial deals would be profitable under the model that we are looking to exit under. Willing to pay however not for each deal. Do not need to be a full underwriting task...just enough info to see if the deal is worthwhile to pursue. You can contact me direct at [email protected]

So you're not underwriting your own deals, or you don't trust your own model?

I'm looking for a new underwriter to bring in for some of our deals. Has nothing to do with trust but more so comparing data. If you know of someone send them my way. [email protected]


 Gotcha.  Companies like Bullpen RE offer outsourced underwriting services.  I've never used them, but it exists.


 Thanks for the tidbit. I will check them out. 

Post: Looking for Underwriter for our Potential Deals

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6
Quote from @Scott Wolf:
Quote from @Ken King:

Looking for a underwriter that I can use to see if our commercial deals would be profitable under the model that we are looking to exit under. Willing to pay however not for each deal. Do not need to be a full underwriting task...just enough info to see if the deal is worthwhile to pursue. You can contact me direct at [email protected]

So you're not underwriting your own deals, or you don't trust your own model?

I'm looking for a new underwriter to bring in for some of our deals. Has nothing to do with trust but more so comparing data. If you know of someone send them my way. [email protected]

Post: Looking for Underwriter for our Potential Deals

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

Looking for a underwriter that I can use to see if our commercial deals would be profitable under the model that we are looking to exit under. Willing to pay however not for each deal. Do not need to be a full underwriting task...just enough info to see if the deal is worthwhile to pursue. You can contact me direct at [email protected]

Post: Vacant Land in Lancaster, TX (GREAT for Developers looking for a deal..)

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

Good Friday to All! 

I have this great piece of land located in Lancaster, TX. Currently it's zoned as "AG" however Lancaster will rezone it for RS in a flash!

800 Truman Cir, Lancaster, TX 75146
APN: 65044947610060100
1.42 acres (records list this as 2.23 ac however there was 0.87ac of road easements/ROW (on 3 sides) that were taken after the years old legal desc of 2.23ac)

Large enough to fit 2 single family homes around 1400-1600 sq ft each. Close to Belt Lane Rd & I35E and major stores (Walmart, Home Depot, Dollar General, multitude of Restaurants). Lancaster is a quiet little town...schools are great here, perfect place to raise a family.

Asking: $220,000 OBO
Terms: Cash; closing within 30 days.

If interested give me a shout! My email is [email protected]
I would love to answer any questions you may have. Looking forward to speaking with ya..

Post: 1.42 Vacant Land | Great for 2 SFH | Dallas County, TX

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

Hiya! 

I have this great piece of land located in Lancaster, TX. Currently it's zoned as "AG" however Lancaster will rezone it for RS in a flash! 

800 Truman Cir, Lancaster, TX 75146
APN: 65044947610060100
1.42 acres (records list this as 2.23 ac however there was 0.87ac of road easements/ROW (on 3 sides) that were taken after the years old legal desc of 2.23ac)

Large enough to fit 2 single family homes around 1400-1600 sq ft each. Close to Belt Lane Rd & I35E and major stores (Walmart, Home Depot, Dollar General, multitude of Restaurants). Lancaster is a quiet little town...schools are great here, perfect place to raise a family. 

Asking: $220,000 OBO 
Terms: Cash; closing within 30 days. 

If interested give me a shout! My email is [email protected]
I would love to answer any questions you may have. Looking forward to speaking with ya..

Post: Quick Question about Finding Buyers

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

Not sure if this is the right section to post this. Mods...if it isn't please make correct changes. Thanks!

I have a property I'm selling in South FL. I'm looking for buyers that have recently bought in that area, for a comparable of what I'm selling. Plan is to skip trace for their info.  

Some of the purchases are so recent, they have not been updated into the county appraiser site yet. I was wondering if an licence agent that has access to the MLS could see the buyers info, before it became public record. If so...any agents in south FL want to help me out?

Thank you!

Post: Cash Buyer Looking for a Fix-n-Flip in Chicago!

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

Hi Daniel,

I actually deal with Cook county. I use to sell a lot over there but have slowed up a little bit. I do, however, have some deals coming up in West and North Chicago. 

I'll let you know when the ink is dried on our end. 

Post: Looking for SFR for buy and hold in DFW

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

Hi Dmitri,

I think I had sent you a few deals before I never heard back from you. 
Send me an email at [email protected] or call me at 954-461-3705

I have 5 properties in that area and we just sold 3 in the last week. They go 
fast! 

Thanks

Post: I'm looking for a 100+ unit apartment, condo, development

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

I JUST got a offer for a 192 unit MF in West Palm Beach. Came out of no where. I'm going to scrub it but if this is something that you are interested in, shoot me an email 

[email protected]

Also btw...cap rate is a little lower

Post: Partnering w/ wholesalers

Ken KingPosted
  • Wholesaler
  • Pompano Beach, FL
  • Posts 79
  • Votes 6

I can tell you that in the last 2 years I've probably closed 60-70 deals all with co-wholesaling. And I mean actually going in 50/50 with my partner. In fact one of the regular partners who always comes up with new, off market inventory, comes to me first because he knows that I focus more on just having a buyers list. With him I do about 5-8 deals a month. 

The trick with co-wholesaling that I found out is just really gauging  the experience level of the person you're working with.  Someone who knows and have relationships with relaltors that deal with off market inventory (pocket listings) are my main partners. 

Just in Dec we got done a 152 MF in Daytona Beach. It was his deal...I got my buyer involved and we got it done. I made $65K on that deal! 

All in all doing co-wholesale deals are great but you gotta know how to play the game. Someone who doesn't have an "exclusive" deal (one thats not in a daisy chain) is the type of partner you want to deal with. Just make sure you have the buyers lined up.