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All Forum Posts by: Les Richardson

Les Richardson has started 2 posts and replied 14 times.

General Real Estate Investing

Post: New investor chasing my first deal...advice appreciated !!

Les RichardsonPosted
  • New to Real Estate
  • Shelbyville, KY
  • Posts 14
  • Votes 1

I`m looking at a 950 sq ft ,2/1 condo ...asking is 110000, ARV looks to be about 175000.It needs flooring ,paint ,and a light bath and kitchen update. The seller is willing to "sub to" the mortgage of about 50k. I`m trying to decide how to make the deal work, I could take a HELOC on my primary,( only as a last resort ) or find a private ,or hard money lender to cover the down payment on the 60k & closing costs.

What would you advise ??

0 Votes
Louisville Real Estate Forum

Post: Bourbon Experience Coming To Downtown in 2023

Les RichardsonPosted
  • New to Real Estate
  • Shelbyville, KY
  • Posts 14
  • Votes 1

Super Cool !!

0 Votes
Louisville, Kentucky
Louisville Real Estate Forum

Post: Korean EV battery supplier to bring 93 high-wage jobs to Elizabet

Les RichardsonPosted
  • New to Real Estate
  • Shelbyville, KY
  • Posts 14
  • Votes 1

Good to know..thanks for the link Rob !

0 Votes
Louisville, Kentucky
Louisville Real Estate Forum

Post: City and community leaders work to address vacant, abandoned prop

Les RichardsonPosted
  • New to Real Estate
  • Shelbyville, KY
  • Posts 14
  • Votes 1

That is a LOT of properties ..and a LOT of potential !!

0 Votes
Louisville, Kentucky