All Forum Posts by: Gary Bimbo

@Siale Havili actually you explained it like your talking to a child, so thank you lol it sounds easy enough. There’s many ways to get comps, but which way would you use. On Redfin is listed sold for $41,000 and all houses in the area sold for $38,000- $44,000 and the highest number was $50,000. I know the pluming was missing in the kitchen. I know that gets pricy.

Ok so here’s the deal. I’m a total noob, and got lucky! I live in Florida, my land lord lives in Canada, and he owns a house in Michigan. Tonight, I got it bought for $1. It’s not a great house, but for a $1? Why not? Here’s my issue. I didn’t expect to end up doing this, I’m not not really 100% on the ins and outs. How do I get this under contract and sold? Somebody, anybody, help lol

@John Thedford not trying to sound smart, honestly just want to know. How would you do it? I’m a noob, and I want to do it right. Please PM me your answer and any advice would really help.

@Michael Menchaca I’m also a noob lol

@Salvatore Lentini 1. Is it legal to wholesale in Florida without an re and, 2. How is a double close performed, from the pro stand point.

I hope I’m posting in the right in the right cat. I’m sure someone will let me know. Anyway, I have some questions and hope someone on the pro side of things will help me out with some info as I am a newbie, but a newbie who doesn’t want to make mistakes and end up telling horror stories. I’ve found a deal for sure but I’m afraid to act on it cause I hear it’s illegal in the state of Florida. Then I read, on BP that it is legal, but must performed properly and with honesty. Any all advice will be greatly appreciated and you don’t have an answer for me, that’s fine, maybe you know where I may get pointed in the right direction. So here are my issues as of right now.

1. Can wholesaling be done legally in the state of Florida, without an RE? If not, please read 2.

2. I’ve also heard that double closing can be done without breaking any laws, if this is so, as mentioned above, I’m a newbie, how is a double close performed from a pro stand point?

And if all is good, does anyone know where to get a s+p? Lol like I said, I’m a newbie, but now for long.