All Forum Posts by: Peyton Lawler

Will do thank you.

Originally posted by @Roland Paicely:

Touch base with investors at your local REIA.

Do you mean people will be hesitant to send me a contract or a link to one or hesitant to sign a contact as a home seller? 

Thank you, Peyton

Originally posted by @Brian Vaughan:

For obvious legal reasons, I'm betting that most people would be hesitant to do that.   

Good luck to you anyway. 

Originally posted by @Account Closed:

@Peyton Lawler It looks like you ran into an educated seller with a lawyer involve.

 Thank you for the quick response. Very helpful.

Originally posted by @Account Closed:

Don't do the deal if she wants it her way. As a wholesaler you want to be in CONTROL as much as possible. You want to call the shots.

 Thank you very much for your response sir. Ends up I had a contract for out of state so mine didn’t even make sense in CT....

Hello, does anyone have a copy of a whoelsale contract I could use in Connecticut? If so it would be greatly appreciated. Thank you. 

Hello, I have been negotiating  with a seller and sent over my contract to wholesale it and she said she wanted to draft her own and said I can only do up to 14 days legally and I couldn’t  have more then that, which isn’t true correct?  Also she says she cannot have me market the property durring the closing time, which I would need to do, right? She also says she will not deal with any third party to convolute the transaction. She also said she would not put any contingency of any kind. 

What should I say in response she also is having her lawyer read every copy I send should I just explain that I need to use this,  this is what I’ve used in the past and is what we need to do or I can’t make a deal? Or try to come to terms but to what extent can I so I don’t get my self in trouble?

Thanks, Peyton 

So I came up with the ARV being 121k and am meeting with a friend later who is a realtor to compare what I have to what she comes up with. If this is correct would this be smart to wholesale or is it too much and I would have to negotiate a lower price. Also can you wholesale seller financed deals? I haven't heard of it yet. And lastly could this be a good property to pay for monthly fix and flip it or rent it as I'm only paying 750ish a month?

Thank you, Peyton 

It is a type b neighborhood it is one of the smaller homes in the area but is price as so as well, I have property comps from homes in the area but it's tough to find houses with the same square footage. When calculating the comps do I take what they last sold for or what they are listed as worth? Thanks for your help guys.

Hello, I'm looking at a property where the owner is asking 100k for his home that Zillow has estimated is worth 150k and the owner is only looking for 8k down and 750 a month with no interest. I have a few questions now that you know the situation a little and if you need more details let me know. But should I get a more accurate estimate of the property and how via other property comps? Also could I whole sale this deal since it's owner financed? And or would it make more sense to buy and fix my self? Thanks, Peyton

To be honest I'm not quite sure it's not in mint condition by anymeans but the tenants are long term and are happy with the condition of the property and anything that does need to be repaired I can do my self as it's all cosmetic. Hopefully nothing else that's a deal breaker comes about. I've offered a 5k downpayment, would that be typical for a 69k property?