All Forum Posts by: Lamar Dixon

I am am involved in the finance of my first flip. I recently was approved for a HELOC my appraisal was only 3k shy of county tax value. I'm good with that. The house I'm trying to buy, with a bank loan, appraisal came back 20k short of tax value. Is this a normal spread of values? Tax value $66500, New Apraisal of $46200.

Hey Brent, Welcome to bigger pockets. I'm new myself. I'm looking in the same direction as you are. I live in dalton, not far. I browse around in Ringgold some looking.I am currently buying my first house to flip. I'm nervous and excited all in one. I've read lots on here and it's helped. One thing they are all right about, quit thinking about doing it someday, and start now. If I could ever help in someway give me a shout. Lamar Dixon

I am currently involved in my first house to rehab and flip. In YOUR first property what was your biggest issues? Any story from buying to selling and somewhere in between will do. Repairs/ finance . Thanks

The current owner said he would offer them 2 months rent to leave. I'm hoping 30 days and 2 months will be a good offer.

I am buying a home to rehab and flip. It currently has renters. Under new ownership can I give them 30 days to get out? I have no intent for rental properties right now. I live in ga.

My wife and I have a heloc that is over 100k, We have been to 2 local banks to get a loan for a 40k house. Both banks say use the heloc, but I think get a mortgage and only use some of my money for the finance and the the rehab. What is your thoughts? Thanks

Thanks for the replies and tips. I took time the other day and listen to my first BP pod cast. I really like those, and so much to listen to and read.

Thanks Mike. I'll keep you in mind. If you want to send me a message with contact info and what all you do in RE I' ll give you a call. Thanks

Hey everyone. My name is Lamar Dixon and I'm from Dalton Georgia. I've here onBP for a while reading and learning, wow what a site. First off I am a Christian, married and we have three great children. We love to sing gospel music and go camping. We are new to REI and we are working on leaving the corporate work force to invest in OUR futures and helping others.looking forward to your post and meeting you in the future. Lamar