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All Forum Posts by: Kevin Walker

Kevin Walker has started 20 posts and replied 41 times.

Post: Is there a contract for a wholesale partnership deal??

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

Good morning beautiful people,

I was called and was given an offer to become a partner in a wholesale deal. The other wholesaler already has the house under contract, and needs me (also a wholesaler) to do the marketing and find the buyer.

What contract would I use for this type of partnership deal?

Your advice will be much appreciated!!

Post: Wholesale

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

Question??

Is there a specific contract used when partnering with another wholesaler on a deal??

Post: I have an exit strategy, but how do I apply it?

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

Hi all!!

I have an exit strategy in my contract on a wholesale deal, but how do I apply the exit strategy?

1) Do I write a letter to the seller explaining why I'm backing out of the contract?

2) Are there any examples letters online?

3) Lastly, would I also write a letter to the title company?

Thank you!!!

Post: Buying a rental!! I have only wholesaled so far!!

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2
Originally posted by @Shawn Ackerman:

@Kevin Walker in your situation I'd suggest a cash flow market, 20-25% down or the ability to reach motivated sellers on your own and offer seller financing. You will need a conventional lender and or HML to get started. My strategy when I started was to buy in cash and Refi with conventional lender. In my market you can get a duplex, currently rented from 17K - 25K easily. Best of luck to you!

thank you!!! it makes way more sense now!!

Post: Buying a rental!! I have only wholesaled so far!!

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

Good morning!!

What does it take to buy a rental?? I am a wholesaler right now. I have not done any fix and flips yet!!

Thank you!!

Post: When do i use my exit stategy??

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

the issue is that they're holding out for more than the contract states. Investors are only offering below what the sellers are asking for. What I would like to know is exactly when and how do I use my exit strategy??

Post: When do i use my exit stategy??

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

This is my first wholesale deal and my once motivated sellers aren't so motivate anymore. How would I use my exit strategy when the sellers get greedy?? We have a few more days until the contract is up.

Post: Looking for GOOD general contractors in the Lakeland, FL area!!

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

I am looking for a good general contractor to look at my property and give me an estimate on a handyman special located in Lakeland, FL. Can someone please help me!? Its a 2/1, 568 sq. ft. (should take an hour or less)

Of course, I will be using this contractor for future projects!!

Thank you!!

Post: HANDYMAN SPECIAL!! GREAT POTENTIAL!! NEED TO SELL FAST!!

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

$17,000....Great Deal!!
Single-Family Home
2 bed/ 1 bath
518 sqft
Lot size: 6,900 sqft

Call or text me for pics!!

Kevin's Cell: 863-292-1978

Post: articles of incorporation

Kevin WalkerPosted
  • Wholesaler
  • Winter Haven, FL
  • Posts 41
  • Votes 2

Can someone please explain to me how to get articles of incorporation?? I have a business, but I was not aware that I would have to provide articles of incorporation. Your comments will be more than welcomed!!! Thank you!!