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All Forum Posts by: Nathan Conant

Nathan Conant has started 5 posts and replied 5 times.

Hello wholesalers, agents and fellow investors.  

I'm looking for my next flip in NW Washington or N Idaho with 10% + profit margin.

✅ 1960's-1990's 3/1 or 3/2 that need some work. 

✅ Ping me please if you have a deal and need a buyer. 

✅ We do our own work on the remodels, and have two that just sold. Now I need another 2! : )

✅ Thanks BP community!

We turned this 3/1 into a 3/2 and redid everything inside.  

;t=6s

Post: 5 Buildable Lots In Blaine WA For Sale

Nathan ConantPosted
  • Posts 5
  • Votes 1

Are you looking for 5 Buildable lots in Blaine WA with strong resale value?  Here they are!

13 acres of subdivided land at 2.6 acres each

9350, 9362, 9370, 9382 and 9394 Welkers Rd, Blaine WA

After Development Value: $4,000,000+

This assignment of contract is offered to our investors at $985k

or a BUY NOW Price of $1M

Features

13 acres of subdivided land that already has the following

  • Approved Septic Permits in Hand
  • Electricity and Cable already run to each lot
  • Septic pipes run from all 5 lots to the shared drain field
  • Majority control of CC&Rs in development
  • 5 minutes from downtown Blaine, WA
  • Newly rebuilt 40’ x 20’ shop on lot 9350
  • Lots are partially cleared, yet still mostly treed with the potential to maintain privacy
  • Preliminary wetland study complete
    2 homes already built in the development

Value Add

  1. These lots are ready to be developed with large beautiful homes and sold in the $800k to $1M range
  2. Water can be pulled from Sweet Rd to the south and pulled to each lot
  3. A basic preliminary wetlands study has been conducted, and existing houses in subdivision have succeeded.

For videos and to see more visit:

https://www.livingwellprops.co...

A landlord wants to sell her single family home to me on Seller Financing.  However she wants to 1031 in a few years into a 55+ condo community.  

Would this solution work?

1.  She seller finances to me this year with a 3-5 year baloon.

2.  In 3-5 years when we refi the house, and pay her off, can she then 1031 into the 55+ condo she wants?  Or is the fact that she sold us the house and kept the note for 3-5 years mean that she can't 1031 at that time?

Thanks for your wisdom!

I have a friend who is setting up a self directed IRA. He wants to contribute 25k to the downpayment on a duplex I am buying in WA.

We want to offer him both interest (from the cash flow) and equity when we resell in a few years.

Is this possible? Do we have to setup a partnership/LLC together with him to allow this to happen, or can it be done another way?

Hey, I'm a long-time BP fan, turned Wholesaler in NW Washington.

I'm curious how you flippers and landlords calculate a deal that fits your "buy box"?