All Forum Posts by: Marc Tolbert

I wholesale in Florida. I have a buyer in Florida who want to buy wholesale duplex/triplex in California in any of the following areas: Oakland, Alameda, Piedmont, Emeryville, Berkeley, Albany, Kensington, San Leandro or El Cerrito. Anyone open to a deal for a referral fee of $4500 to get the contact information? Indicates ready to buy.

Can anyone describe the process in order to wholesale properties with tax liens? In understand how wholesale distressed property that is free and clear but not sure how it works for property that has county, state or federal liens.

Looking for a NAID Broker who would work with me on bidding on HUD homes. How can I locate one?

Hi all.

I have a potential wholesale deal where I would like to bounce the numbers here and see if it makes sense.

Its a SFR 3 bed, 2 bath 1443 sqft in Memphis. Has fireplace. Has double size lot. Zero mortgage, taxes current

Calculated ARV: $71,520

Estimated Repairs: $12,987

First Offer to Seller: $22,420

Max Offer to Seller: $26,377

Do my numbers make sense?

Mark,

The property I told you about in Merritt Island, FL is located at 1350 N Belford Ct. I called the owner and told him I wasn't interested because I couldn't make the numbers work. The owner lives in Unicoi, TN and name is Don Skinner. Feel free to contact him at 423-743-0389. Hope you can make something work for yourself.

Thanks Mark for the reply. To be honest I'm starting my real estate business. I can find the tax information but I'm not sure how I could get details on the mortgage situation. The owner is retired and a little elderly so I'm not sure how much more accurate details he can provide. He doesn't even have a computer. Is there a way to find that information out? I'd be happy to do the research and provide the details if we can work out some sort of deal with this property.

I had a home owner contact me today about a 4 bed, 2 bath, 1680 sqft home that he is currently renting to long term renters for $1000/month. The location is Merritt Island, FL. The issue is that the home has an upside down home loan balance of $200,000. Totalview has a value estimate of $136,536 and Zillow has an estimate of $120K. The owner desires that the long term renters be allowed to continue to rent. So based on this basic information is there any kind of wholesale deal, etc that might fit this situation?

I buy and flip homes in Brevard County, Florida. I am working on a contract where the owner lives in Florida but owns a home in Memphis, Tennessee. The owner want to see quickly so I need a buyer. The home is in good shape. It is a 1 story, 1443 SQ ft, 3 bed, 2 bath, carport, fireplace, separate dining room, separate living room, central air & heat. kitchen needs rennovation. Please contact me if interested and I can provide further details and photos. looking for cash buyer or private financing. Thanks

Hi Paul. I'm Marc Tolbert. I'm new to real estate investing. I the quote you made before stating that "you don't have to own a proerty to control it". These are the things I want to better understand from a mentor's point of view. What does that mean and how is that accomplished?